When Will EV Chargers Become as Common as Gas Stations?

The adoption of electric vehicles in the United States is lagging behind expectations in sales numbers and opinions of buyers. The current state of the country’s charging infrastructure is one factor that dissuades potential buyers. However, the federal government is spending billions on building new EV chargers across the country. But when will they be just as abundant as gas stations? According to Cathy Zoi, CEO of charging infrastructure company EVgo, we’re at least heading in the right direction.

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In an interview with Yahoo Finance, Zoi said, “So it’s in the early moments that government policy, government incentives can help build that bridge for capital markets to create that confidence, to invest in this infrastructure, that will be absolutely essential going forward.” Federal funding would be a catalyst for further private investment into EV charger construction. The more expansive the national network becomes, the more comfortable Americans will become with buying electric vehicles.

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