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When will EV chargers become as common as gas stations?

Image for article titled When Will EV Chargers Become As Popular as Gas Stations?

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The adoption of electric vehicles in the United States are falling behind expectations in terms of sales numbers and Buyer’s opinion. The current state of the country’s charging infrastructure is a deterrent to potential buyers. However, the federal government is spend billions building new electric vehicle chargers nationwide. But when will they be as plentiful as gas stations? Based on Cathy Zoi, CEO of charging infrastructure company EVgo, At least we’re on the right track.

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In an interview with yahoo finance, Zoi said, “So in the early days, government policy, government incentives can help build a bridge for capital markets to build that trust, to invest in it. this infrastructure, which will be essential in the future.” Federal funding will be the catalyst for continued private investment in building EV chargers. As the national network expands, Americans feel more comfortable buying electric cars.

Based on The White Housethere are more than 130,000 public chargers nationwide and federal government plan build more 500,000 to 2030. While those numbers will make a significant difference in how the American public perceives electric vehicle ownership, it still won’t be as remarkable as rich as the gas station. For reference, lame pantse American Petroleum Institute say there There are more than 145,000 gas stations in the United States. With an average of nine pumps per station, there are about 1.3 million petrol pumps nationwide.

While 2030 likely won’t be the year that the number of chargers matches gas pumps, it will still be an impressive reference point for charging infrastructure growth. Over seven years, the national charging network will go from a tenth of the size of the gas station network to almost half.


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