The corporate mentioned it expects to have over 1,800 quick charging stations and 10,000 particular person chargers put in by the tip of 2025.
Charging infrastructure has attracted a number of sectors, together with utilities, carmakers and large oil corporations, all hoping to money in on a rising demand for electrical energy within the wake of a world EV rollout.
Tuesday’s announcement additionally comes after Reuters reported final week that Volkswagen was trying to promote a stake in Electrify America to achieve entry to exterior funds for constructing infrastructure for battery-powered vehicles.
Electrify America, which counts ChargePoint and Tesla’s Supercharger amongst its competitors, has 635 charging stations with round 2,850 fast-loading spots up and operating, in response to its web site.
https://economictimes.indiatimes.com/business/renewables/volkswagens-ev-unit-plans-to-double-charging-infrastructure-by-end-of-2025/articleshow/84378552.cms
