A new report has found that EV chargers need other amenities and sources of revenue around them in order to succeed.
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The rise of electric vehicles (EVs) has ushered in a new era of transportation, but with it comes a challenge—creating a sustainable and profitable EV charging infrastructure.
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.
SACRAMENTO - Just like gas stations, EV charging infrastructure requires additional sources of revenue to be profitable.
New report finds that the presence of amenities near public EV chargers will increase charging station use, contributing revenue, which could help to offset EV infrastructure costs
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.
California is behind in its emissions reduction goals, but that doesn’t mean those goals should be abandoned.
California’s goal was ambitious: The state vowed to reduce, by 2030, greenhouse gas emissions by 40% compared with 1990’s levels.
California is poised to fail to meet its ambitious greenhouse gas reduction goals by the end of the decade unless it can triple its efforts to reduce carbon emissions statewide, according to a critical new report.
California has pledged to cut greenhouse gas emissions far beyond the record low seen during the pandemic, but new data shows this goal will prove challenging amid an emissions upswing following the lifting of lockdown restrictions.