EV Charging Industry Reaches Crossroads as Competition Heats Up
BNEF projects growth, but warns that operators lacking deep pockets may not survive a shakeout.
A curbside electric vehicle charger in New York.
Photographer: Bloomberg/BloombergThanks for reading Hyperdrive, Bloomberg’s newsletter on the future of the auto world.
With sales growth slowing and some carmakers redirecting investments, electric vehicles are at an inflection point. That’s also true for the EV charging sector, per BloombergNEF’s latest report on the outlook for the industry.