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Francis Energy stays positive on EV charger growth amid potential cuts to federal subsidies.
Tulsa-based Francis Energy remains optimistic about its growth in EV charger management despite pauses in federal subsidies, including Oklahoma's $66 million allocation from the NEVI program.
The company has 75 active grants in 15 states out of 132 awarded.
A congressional budget proposal may eliminate some green energy subsidies, while Oklahoma Republican Congressman Josh Brecheen seeks to repeal all such subsidies under the Inflation Reduction Act.
Oklahoma currently has 375 EV charging stations with 1,567 ports and 22,843 registered EVs.
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Francis Energy se mantiene positivo en el crecimiento de cargadores de EV en medio de posibles recortes a los subsidios federales.