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Car-Charging Investment Soars as EVs Grow, Government Kicks In

Aug. 18, 2022, 6:39 AM

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More than $4.8 billion has been pumped into the electric-vehicle charging industry this year — a combination of roll-out announcements, debt financing, investment and acquisitions. And this is just the deals that have disclosed financial figures.

Large corporates are competing for M&A targets with pure-play charging companies they may previously have acquired, and new competitors are cropping up. Infrastructure investment funds’ appetite is increasing, as they see EV charging as a maturing asset class. Explosive growth is still required to go from single-digit billions of investment today ...