It’s time to talk about consolidation in the EV charging industry

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President Joe Biden’s infrastructure bill included a $7.5 billion tranche of cash set aside to build out a national network of 500,000 electric vehicle chargers.

Ever since Biden signed the bill into law, EV charging companies have been quickening their pace, eager to take advantage of national momentum and federal funding.

For a company that doesn’t have millions in venture funding or a legacy conglomeration backing it, Blink in particular has been coming in hot over the past year.

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Author / Journalist: Rebecca Bellan

Category: Technology

Topics: ABB EV charging TC Transportation Automotive Semaconnect EV Connect Transportation Schneider electric Tesla EV chargers Blink charging

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-21, 23:10:34

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Reading Time: 5 minutes read

Article Length: 735 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 2694

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