Just like gas stations, EV charging infrastructure requires additional sources of revenue to be profitable. Whether it’s a gas station or an EV charging station, co-located services and amenities are needed to improve return on investment.
Following large surpluses in 2021-22 and 2022-23 due to higher than expected revenue and federal COVID relief funds, the state faced a projected deficit of $20.4 billion in 2024-25 following the May Revision.