Oil and Gas Industry Casts a Shadow Over EV Charger Funding
Between funds being diverted to hydrogen stations to legal battles over government land, car-refueling incumbents refused to be phased out.
A Fastned electric-vehicle charging station in Sunderland, England.
Photographer: Ian Forsyth/BloombergThanks for reading Hyperdrive, Bloomberg’s newsletter on the future of the auto world.
More than $10 billion of government funds have been awarded or are in the process of being doled out across Europe and the US toward highway electric vehicle charging. BloombergNEF has analyzed these programs and their many subplots, from Tesla’s success in winning funds to the focus on facilitating EV adoption in rural America and Eastern Europe.