And convenience stores are ideal locations for EV charging.
ALEXANDRIA, Va.—Electric vehicles sales are growing at a faster clip than the broader U.S. car business, reports the Wall Street Journal. Still a sliver of the overall market, sales of plug-in vehicles more than doubled in the first half of 2021 compared with 2020, with a 78% sale boost through June this year, according to research firm Motor Intelligence.
Collectively, auto companies are spending $330 billion over the next five years to bring more plug-in models to showrooms, according to consulting firm AlixPartners LLP. Longer driving ranges and a wider variety of body styles and price points have helped generate interest in plug-in cars, but hurdles remain, including higher sticker prices and a shortage of places to recharge.
Recently, auto executives have said… READ MORE