EVgo released its Q2 2024 earnings on August 1 with several key highlights, including reaching a 20 percent average utilization in the quarter and expectations
Out of 210 winning NEVI applications analyzed 60% of applicants have submitted a bid with a match percentage higher than the 20% required minimum. And 13 percent have an applicant match of 50% or higher.
The Internal Revenue Service (IRS) recently released updated guidance on a tax credit for the installation of electric vehicle (EV) charging stations. The guidance has implications for both consumers and commercial businesses, in this article we will focus just on the implications for commercial businesses and charge-point operators CPOs).
Nearly 11 months after all 50 states plus Puerto Rico and the District of Columbia received approval of their National Electric Vehicle Infrastructure (NEVI) plans
On July 13, Ohio DOT (DriveOhio) announced the winning bidders for its 27 National Electric Vehicle Infrastructure (NEVI) alternative fuel corridor (AFC) site grants. Ohio
At roughly 17 EVs to every Level 2 and DC fast charger deployed in the US at the end of 2022, the US would need roughly 2.8 million public chargers at the end of 2030.
Analysis by a consulting firm retained by Wyoming Department of Transportation (WYDOT) suggests that companies successfully winning National Electric Vehicle Infrastructure (NEVI) grants for 7 remote Alternative Fuel Corridor (AFC) sites in the state would lose from $285,000 to $372,000 per site over the 5-year NEVI award period.
On September 14, 2022 all 52 plans from the 50 states, District of Columbia, and Puerto Rico were approved by the FHWA. Six and one-half months later, where do we stand?
The most logical companies — many who have already entered the EV charging operator business — are convenience store chains, travel center operators, retailers who already sell gasoline, and of course fuel retailers (gas station/convenience store companies).
