EV Fast-Charger Network to Grow

An Italian energy provider said it plans to add 10,000 public fast electric-vehicle chargers in the U.S. by the end of the decade, doubling the existing number, the Wall Street Journal reported.

Enel plans to apply for U.S. government subsidies aimed at building on the currently limited EV charging infrastructure here.

The Biden administration has been introducing a series of measures designed to increase EV adoption in order to curb environmentally harmful emissions.

In February, the administration announced that EV market leader Tesla will grant competitors’ models access to many of its chargers by the close of 2024. It’s currently the largest U.S. EV charging network.

Other retailers have also started to increase their own charging networks, including Shell USA and Walmart.

Sparse charging infrastructure, particularly in rural areas, is a major obstacle to EV adoption, given as one of the top reasons for consumer hesitancy about buying EVs.

Enel said it plans to add at least two million EV chargers in North America by 2030, the Wall Street Journal reported. It said most would come from sales of at-home chargers. Its fast-charger buildout, though, would be among the biggest here.

The company is motivated by increased EV sales and the new government incentives, an executive told the Wall Street Journal.

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Originally posted on Auto Dealer Today