How much EV charging stations boost spending in local businesses
Auto Service World
OCTOBER 17, 2024
A recent MIT study found that electric vehicle charging stations significantly increase consumer spending at nearby businesses, providing local The study, which analyzed data from over 4,000 charging stations and 140,000 businesses in California, found that the presence of EV chargers led to an average annual spending increase of about $1,500 per business in 2019 and approximately $400 per business between January 2021 and June 2023.
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