Utilization rates at electric vehicle EV charging stations in the United States have surged over the past year, making the Level 3 charging stations in many states profitable, a new report by start-up Stable Auto Corporation shows.
market has led to demand for EV charging to outpace EV sales, significantly increasing public DCFC utilization, Stable Auto said. “This trend likely causes crowding and long wait times at many DCFC stations during peak hours, which can be mitigated through proactive pricing strategies,” Stable Auto noted. While utilization rates have jumped to make many EV fast-charging stations profitable, the U.S.