Charging needs to quadruple by 2025 and grow eight-fold by 2030 to accommodate EVs.
Specifically, the US needs to quadruple its charging infrastructure by 2025, and grow it more than eight times by 2030, according to a new report out of S&P Global Mobility.
Automakers are betting their futures on available chargingA lack of charging infrastructure is a problem, as nearly every major automaker is buying into electrification with billions in new technology, models, and manufacturing.
That's despite the fact that a majority of EV charging can be done at home — if an EV owner has access to a garage and plug.
That could change with more and more momentum from the Biden Administration, which is targeting a national network of 500,000 public charging stations by 2030 and has slated $7.5 billion toward charging build-out.