The Biden administration's $1.2 trillion infrastructure bill allocates $7.5 billion specifically for building a nationwide network of electric vehicle (EV) charging stations. This significant investment aims to address one of the main barriers to EV adoption: charging accessibility.

Four companies are particularly well-positioned to benefit from this infrastructure spending:

EVgo stands out as a leading player, operating America's largest public fast-charging network for electric vehicles. The company has secured notable partnerships with major automakers and retailers, including GM, Nissan, and Kroger.

ChargePoint dominates the charging station market with over 118,000 charging spots across North America. Their comprehensive charging solutions serve both residential and commercial customers, with a strong focus on workplace and fleet charging.

Blink Charging has established a growing presence in the EV charging space, offering a mix of residential and commercial charging solutions. The company has been actively expanding through strategic acquisitions and partnerships.

Volta Charging differentiates itself through its unique advertising-supported business model, offering free charging to consumers while generating revenue from digital displays on their charging stations. Their strategic placement at high-traffic retail locations has proven successful.

The funding is expected to help create a network of 500,000 charging stations across the United States by 2030, representing a significant growth opportunity for these companies. Each brings unique strengths to the expanding EV charging infrastructure:

• EVgo: Specializes in fast-charging technology and strategic partnerships
• ChargePoint: Offers comprehensive charging solutions across multiple segments
• Blink: Focuses on expanding geographic presence through acquisitions
• Volta: Provides innovative advertising-supported charging solutions

This investment signals a transformative period for the EV charging industry, with these companies positioned at the forefront of America's transition to electric vehicles.

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