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It’s time to talk about consolidation in the EV charging industry

President Joe Biden’s infrastructure bill included a $7.5 billion tranche of cash set aside to build out a national network of 500,000 electric vehicle chargers. Ever since Biden signed the bill into law, EV charging companies have been quickening their pace, eager to take advantage of national momentum and federal funding. While some early adopters, like ChargePoint, EVGo, Electrify America and Tesla, have created large national EV charging infrastructure networks, they’ve by no means captured the entire market.

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