Slowing global warming by reducing vehicle CO2 emissions is, for many, a compelling selling point for electric vehicles (EVs). In all, according to the U.S. Environmental Protection Agency (EPA), transportation was responsible for 27% of greenhouse-gas emissions in 2020, which primarily come from burning fossil fuel for our cars, trucks, ships, trains, and planes.
As a result, while taxes may be one of the few certainties in life, here’s another: In the transition to EVs, the auto industry plans to invest more than $330 billion through 2025 to advance vehicle electrification, according to the IHS Markit EV charging infrastructure forecast. These EVs will need charging stations that are fast, efficient, and powerful.