Hundreds of EV Charging Companies In America Are All Fighting Over the Best Spots: Report

13 Dec 2023 | Abstracted from Electrek

"There are more than 900 EV charging companies around the world, and they all want prime locations for fast public chargers... the sector is attracting a ton of players and investors, drawing in more than $12 billion in venture capital funding since 2012..with the number of fast charging networks expected to double to 54 in 2030 from 25 in 2022...An EV charging station placed in a prime location can take about four years before it becomes profitable 'once utilization hits around 15%...'"

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