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Low Voltage Now, High Hopes Tomorrow: EV Charging Firms Bank on Future Growth

April 3, 2023
Volta’s situation was extreme—the company would have needed to raise another $300 million to pursue its growth goals—but its situation speaks to many of the business realities of EV charging as it ramps up to meet today’s and future demand.

Big names like Blink Charging Co., ChargePoint Holdings Inc. and WallBox N.V. posted losses in 2022 despite the undeniable growth of their industry. Editor-At-Large Jennifer Ramsay poses two questions in a recent EnergyTech article: “Why are they (still) struggling and what can accelerate their progress?”

Ramsay analyzes the current state of companies making and marketing EV chargers and how the growing demand for electrification will impact future decisions in the market.

Read the full story here.

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