Study: EV Chargers Benefit Neighboring Businesses

Refilling an electric vehicle (EV) battery takes longer than refilling a gas tank. This is good news for companies that sell EV chargers. A new study from the Massachusetts Institute of Technology found that “charging station openings increased annual spending at each neighborhood store by an average of about $1,500 in 2019.” Profits decreased to $400 per case. Photo and Read More