U.S. EV charging market to grow to $24.07 billion by 2030, with retailers installing new stations.

The U.S. EV charging market is projected to grow significantly, reaching $24.07 billion by 2030, driven by technological advancements and eco-friendly benefits. Retailers like Meijer are partnering with EV charging companies to install up to 480 new fast charging stations across the Midwest, aiming to attract EV drivers who shop while charging. Commercial property owners must consider fire risks, public access requirements, and data privacy when installing EV chargers.

November 18, 2024
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