In the realm of automotive innovation, few figures loom as large as Elon Musk. Known for his audacious vision and unfiltered opinions, Musk has vocally declared hybrid cars a "dead end" technology, urging the world to pivot swiftly towards fully electric vehicles. However, the plot thickens as we explore how Toyota, a global hybrid juggernaut,
Can you tell me about the business model of electric vehicle charging stations in the United States? In Japan, the number of charging stations exploded from around 2010, but it has been declining since 2020. The reason is that most owners do not want to continue operating charging stations, even with investment in new chargers, due to the aging of chargers. In other words, it is said that “charging stations are not profitable at all.” ChargePoint in the United States is also reported to have fallen by more than 90% from its peak, and its earnings for the current quarter were also poor. What about other electric vehicle charging station operators?
Can you tell me about the business model of electric vehicle charging stations in the United States? In Japan, the number of charging stations exploded from around 2010, but it has been declining since 2020. The reason is that most owners do not want to continue operating charging stations, even with investment in new chargers, due to the aging of chargers. In other words, it is said that “charging stations are not profitable at all.” ChargePoint in the United States is also reported to have fallen by more than 90% from its peak, and its earnings for the current quarter were also poor. What about other electric vehicle charging station operators?