Forth’s Post

EV domination isn't a generational eventuality: it's right around the corner. "At the current pace, public fast-charging sites will outnumber gas stations in the US in about eight years — but charger momentum is only expected to accelerate. North American operators will spend a collective $6.1 billion on charging infrastructure this year, nearly double their 2023 investment, according to BloombergNEF estimates. That annual spend is expected to double again by 2030."

Demand for fast-charging for EVs is skyrocketing: At the current pace, public fast-charging sites will outnumber gas stations in the US in about eight years — but charger momentum is only expected to accelerate in coming years. North American operators will spend a collective $6.1 billion on charging infrastructure in 2024, nearly double their 2023 investment, according to BloombergNEF estimates. That annual spend is expected to double again by 2030. https://lnkd.in/eDEwX2-x

Will EV charging stations soon surpass the number of gas stations in the U.S.? Bloomberg's latest analysis examines the rapid expansion of public EV charging infrastructure and its potential to overtake traditional fuel stations, marking a significant milestone in America's transition to electric transportation. https://lnkd.in/esURJnDw #ElectricVehicles #SustainableTransportation

Nationwide installations of public charging stations for electric vehicles are accelerating and will potentially surpass the number of gas stations by 2032. In the second quarter, 704 public chargers were activated, bringing the U.S. total to about 9,000. The growth was partly fueled by the Biden administration’s infrastructure program, which deployed about $5 billion to jump-start EV charging systems. Meanwhile, EV operators are projected to double spending this year on charging infrastructure to about $6.1 billion. EVgo, a manager of charger networks, says people are driving their EVs farther than they used to. https://lnkd.in/guTDYX6e

Public EV chargers are predicted to outnumber gas stations by 2032. 👀 Big strides are being made in the EV world and I hope that the trend continues! ⚡ California leads the way with nearly 29% of the nation's chargers. ⚡ Publicly accessible charging stations have doubled since 2020, to over 60,000. ⚡ Over 64% of Americans live within 2 miles of a public EV charging station. https://lnkd.in/gYAgf2ek 🔌 Bloomberg Green 🔌 Bloomberg 🔌 U.S. Department of Energy (DOE) 🔌 BloombergNEF 🔌 Sara Rafalson 🔌 EVgo 🔌 Union of Concerned Scientists 🔌 International Energy Agency (IEA) 🔌 Badar Khan 🔌 Stable Auto

“At the current pace, public fast-charging sites will outnumber gas stations in the US in about eight years — but charger momentum is only expected to accelerate.” The majority of non-EV owning consumers point to a lack of charging infrastructure as a primary reason against going electric, but the times are changing! According to Bloomberg, there will be more charging sites than gas stations in only 8 years. Wild to think of how exponentially quick charging infrastructure is going to grow, especially in more rural areas. https://lnkd.in/da_EcRQu Side anecdote - we took our EV from Charleston to the Outer Banks last week for our annual family beach trip and charging was a breeze. Marcia Newbert and I were even saying that we would have never considered stopping at one of the host restaurants that we charged at, but did because they offered fast charging. And we’re glad we did, too, as they made some fantastic hush puppies. EV charging shouldn’t be seen as an additional amenity, but rather as a core business strategy to increase brand awareness and foot traffic with new customers!

At the current pace, public fast-charging sites will outnumber gas stations in the US in about eight years — but charger momentum is only expected to accelerate. North American operators will spend a collective $6.1 billion on charging infrastructure this year, nearly double their 2023 investment, according to BloombergNEF estimates. That annual spend is expected to double again by 2030. #electricvehicles #zeroemissions

According to a recent @Bloomberg article, US public EV chargers are set to surpass gas stations in just eight years. In Q2 2024 alone, the US added about 700 new public fast-charging stations, bringing the nationwide total to nearly 9,000. Bloomberg says this rapid growth is a testament to the increasing demand for EVs. But here’s a fun fact…. We ALREADY have more charging options than gas stations. Anywhere you have access to power, you can charge an EV! Yet our on-the-ground surveys reveal that this idea is STILL poorly understood by most people who have yet to drive an EV. Let's keep talking to people about the amazing and positive ways EVs enhance lives! https://lnkd.in/esURJnDw