Retailers can increase EV charging availability with federal benefits, potentially boosting foot traffic and revenue by 4% and 5%, according to Consumer Reports.

Retailers, including big-box stores and fast-food chains, could help increase electric vehicle (EV) charging availability in the US, according to a report by Consumer Reports. The report found that currently, there is no retail location with all parking spots equipped with an EV charger. However, a significant number of retail locations are eligible for federal benefits that could save nearly 30% on installation costs. The study also suggests that installing EV chargers could boost foot traffic by an average of 4% and revenue by 5% for retailers.