MoneyWeek

Growth without profits

ne of the biggest trends in the car industry is the demise of the internal combustion engine. Manufacturers are responding to various regulatory carrots and sticks by pouring billions into developing mass-market electric vehicles (EVs). Still, this leaves another major problem: the lack of charging infrastructure, which is a particularly pressing problem given the, which runs a network of 850 electric fast charging stations in 30 states in the US, mostly on the east and west coasts.

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