GM, Partners Team Up to Establish 2,000 EV Charging Points

America’s transition towards zero-emission electric vehicles is well underway, but several factors still stand in the way of mass EV adoption. One such issue is the lack of public EV charging infrastructure in the country. While internal combustion engine (ICE) cars can pull into one of the more than 145,000 gas stations in the country to refill their tanks, EVs have an insufficient public charging infrastructure.

This means that drivers who do not own garages or have access to private garages tend to shy away from electric vehicles because they would be forced to rely on public chargers to keep their cars charged. In a bid to develop the country’s charging infrastructure and encourage consumers to purchase EVs, General Motors has partnered with several companies to build up to 500 charging sites with 2,000 electric vehicle charging points.

GM will partner with an EV charging company and a large truck-stop chain to build the charging stations along U.S. highways at 50-mile intervals. In a recent statement, electric vehicle charging company EVgo, and truck-stop chain Pilot Travel centers revealed that they had partnered with General Motors to build 2,000 charging stalls at more than 400 Pilot Flying J sites.

The companies have said that the project will partly rely on grant money from the public as well as programs from utilities. However, they haven’t revealed the total projected costs for the project or how much each company will contribute. According to GM, the charging sites will be installed along major state highways to facilitate interstate travel.

According to GM spokesman Philip Lienert, construction on the project will begin this summer, with the first chargers beginning operations sometime in 2023. He states that construction on the network of public charging sites should be finished in a couple of years. The project would go a long way toward beefing up America’s EV charging infrastructure and reducing the range anxiety that keeps many drivers from purchasing EVs.

The partnership is also in line with the Biden administration’s goal to build a network of half a million electric vehicle chargers across the country by 2030. With the United States striving to cut down on its carbon emissions by ditching dirty energy sources such as gasoline, beefing up the country’s EV charging network is a crucial aspect of its climate change plans. Bipartisan infrastructure legislation that was passed shortly after Biden assumed office will provide around $7.5 billion for this project.

It is expected that as the charging infrastructure improves, so will the demand for the electric vehicles made by different industry players, including Mullen Automotive Inc. (NASDAQ: MULN).

NOTE TO INVESTORS: The latest news and updates relating to Mullen Automotive Inc. (NASDAQ: MULN) are available in the company’s newsroom at https://ibn.fm/MULN

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