For electric vehicles to go mainstream, the United States will need to build an extensive network of charging solutions, growing from the approximate 100,000 public chargers currently accessible to about 1.2 million by 2030. We estimate that will cost more than $38 billion, over five times more than the $7.5 billion specified for public charging stations in the recently passed Infrastructure Investment and Jobs Act.
To read the article, see “Can the automotive industry scale fast enough?,” May 12, 2022.