A $1 billion initiative aims to bring EV chargers to highways and rural areas

The 2 allies want to use both “public and private” cash to support their effort, consisting of Volkswagen settlement funds.

There’s not much secret regarding why ChargePoint and NATSO are ready to invest in EV battery chargers. When electric cars dominate, ChargePoint might corner an underserved market and enjoy the rewards if and. For NATSO, meanwhile, this may refer survival. Lots of travel centers and truck stops are constructed on the assumption chauffeurs are stopping for gas– they could lose much of their organisation if people have few excellent reasons to make rest stop.