Next Great Investment? Electric Vehicle Chargers

Rocco Pendola discusses the potential for electric vehicles to emerge as a meaningful mode of alternative transportation in the United States.

Writing for an investment-focused news site, Pendola says that he believes the business of charging electric vehicles is about to boom.

He writes: "...there's a perfect storm brewing: rising fuel prices coupled with celebrity appeal and tax credits. This synchronicity could be behind the growing association household name brands are forging with the EV world as well as the rapid and eventual emergence of much smaller players."

The hitch is that current technology still takes hours to charge vehicles, so Pendola says charging stations will need to be tied to businesses like parking garages where people leave their cars for significant periods of time.

Thanks to Rocco Pendola

Full Story: Will Electric Vehicles Finally Go Mainstream?

Comments

Prepare for the AICP* Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245
AICP CTP Storefont Display

The first online AICP* CTP exam prep class

Are you ready to take the AICP* Certified Transportation Planner exam?
Priced at $245 for May exam!
Red necktie with map of Boston

Tie one on to celebrate your city

Choose from over 20 styles of neckties imprinted with detailed city or transit maps.
$44.95

City Coasters

Hand-drawn engraved maps of your favorite neighborhoods are divided up across 4 coasters making each one unique.
$36.00