Several major fast food and convenience store chains have recently announced a big push into electric vehicle (EV) charging, a trend that could accelerate efforts to expand the country's embryonic charging infrastructure.
Why it matters: Automakers are finally getting serious about electrification — yet many would-be EV buyers want more assurance they'll be able to find chargers when they need them. amazon ev charger
Driving the news: Convenience store chain 7-Eleven recently launched its own EV fast-charging network, called 7Charge.
Catch up quick: Fast food giant Subway last month announced long-term plans to build car-charging "oases" replete with green spaces, playgrounds and more. (Electrify America, one of the foremost charging-specific companies, has similar ambitions.)
The intrigue: In a press release, 7-Eleven touted its potential to address the charging gap.
Be smart: Stores that install EV chargers will likely make a decent buck on charging fees, just like gas stations take a cut when you fill up your tank.
Yes, but: Franchise chains have only so much control over what individual owners choose to do, potentially limiting their ability to become major players in EV charging overnight.
3kw Home Charger The bottom line: As the Biden administration pours billions into incentives for expanding the charging infrastructure, your favorite fast food chains are looking to take a big gulp of that cash spigot.