A study from MIT published in Nature Communications reveals that electric vehicle (EV) charging stations can significantly benefit local businesses. By analyzing data from California, researchers found that businesses near EV chargers experienced increased sales compared to those without them. Despite the high costs of installing these chargers, the potential for increased business revenue provides strong incentives for both businesses and governments to invest in EV infrastructure.
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CACOR Live | Dr. Raymond Murphy | What is Undermining Climate Change Mitigation? | 27 Nov 2024 | 13:30 EST
Speaker: Dr. Raymond Murphy Topic: What is Undermining Climate Change Mitigation? How Fossil-fuelled Practices Challenge Low-carbon Transitions Time: Nov 27, 2024 13:30 Eastern Time (US and Canada) Summary: Why are […]
A study indicates that EV chargers attract customers to nearby businesses
A study from MIT highlights the positive impact of electric vehicle (EV) charging stations on local businesses. It demonstrates that businesses near these chargers experience increased sales, making the case for investing in EV infrastructure. The findings suggest that as EV adoption grows, so too could the economic ecosystem surrounding them.
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