Electric vehicle use is increasing rapidly as adoption becomes more mainstream and as more and more automakers are coming out with electric and hybrid model offerings. Rising gas prices are also contributing to the accelerated demand for electric vehicles.
Additional growth is on the horizon due to the U.S. Infrastructure Investment and Jobs Act enacted in November which includes $7.5 billion to build out a national network of EV chargers across the country. This act is part of a larger national agenda aimed at reducing carbon emissions, which includes a goal to make 50% of all new vehicles sold in the United States zero-emission vehicles by the year 2030.
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