Despite the slowing of electric vehicle sales in the U.S., the CEO of ChargePoint, an EV charging company, says that the number of charging stations and plugs rapidly growing and EV sales will increase as inflation falls.
“I think EVs are a foregone conclusion,” Rick Wilmer said. “If you listen to senior executives from the automakers, even though there may be a nonlinear path to a future of all EVs, it’s pretty clear that most are beyond the tipping point.”
He pointed to last year’s economic conditions as a cause of the slowdown in EV sales, also noting that a concern about the ability to charge the chairs may have led some potential purchasers to hesitate. However, the use of EV charging ports significantly exceeds the rate at which ports are being installed, Wilmer said.
“[This] tells me that these institutions that are putting charging in, for whatever reason, are going to get more and more pressure from their drivers to act, or those people won’t come to their places anymore because they don’t have enough charging capacity,” he said.
