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This entrepreneur has cracked the code on building profitable and efficient EV charging hubs

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This entrepreneur has cracked the code on building profitable and efficient EV charging hubs

The EV charging industry is stuck in a persistent “Catch-22.”

Consumers are reluctant to buy EVs because of a lack of EV chargers. But there are a lack of EV charging stations, in part, because consumers have been slow to adopt electric vehicles.

In 2024, there were about 61,000 publicly accessible EV charging stations. By 2030, the US will need 28 million charging ports to support the anticipated 33 million EVs on the road.

How do we break this cycle?

It’s simpler than you might think. The winning formula involves cross-industry collaboration, government grants, savvy real-estate plays, smart spending and more.

On this week’s episode of ParkMyFleet’s Driving Mobility podcast, we’re learning all about what it takes to build — and scale — an EV charging hub that’s efficient and profitable. Angus Clark, CEO of EVOASYS Inc and EV infrastructure advisor at the Merlin Group, joins us to share how he managed to accomplish this feat and how the rest of the industry can replicate his blueprint.

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