The EV charging land rush is about to kick off. A giant California deal shows why.
October 23, 2023 by Daniel Geiger
Excerpt from Business Insider:
According to the US Department of Energy, there were only 3,360 electric trucks and buses registered across the country in June and just 720 chargers for medium-duty EVs and 135 for heavy EVs. Because California’s regulations generally guide automobile manufacturing and the policies of other states, the rules are likely to usher a national transition of commercial traffic over to electric or hydrogen-powered trucks and vans.
Gage Zero, an EV-charging-hub developer and operator, is also working with property owners to convert industrial outdoor storage sites to charging locations, Zeina El-Azzi, the company’s CEO, said. The company is arranging deals for stations in southern California, Texas, New York City, New Jersey, and Colorado. El-Azzi said her firm had sought to purchase or lease sites to operate charging businesses or to partner with landlords and jointly oversee such projects.