Why the EV Charging Business Is Booming
WSJ Tech News Briefing

Why the EV Charging Business Is Booming

B2Upper-intermediateOctober 13, 20267 min
  • Business & money

The electric vehicle industry is in a slump, but the companies installing roadside plug stations are charging ahead. WSJ Detroit Bureau Chief Patrick George joins to explain why we could see a record number of chargers installed this year—and whether that’s a glimmer of hope for the entire EV industry. Danny Lewis hosts. Sign up for the WSJ's free Technology newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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The companies installing EV charging stations are on track to set up about as many public

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So is this a glimmer of hope for the struggling EV industry?

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Transcript

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0:00

Welcome to Tech News Briefing. It's Tuesday, October 13th. I'm Danny Lewis for The Wall Street Journal. The electric vehicle industry is sputtering.

0:13

Sales in the U.S. are down by half compared to last year. The Trump administration has axed tax credits and fuel economy regulations aimed at moving Americans away from gas-powered cars. And U.S. automakers have backed away from most of their ambitious electric vehicle goals.

0:27

But EV charging? That's growing like gangbusters. The companies installing EV charging stations are on track to set up about as many public plugs this year as they did in 2025 when the industry hit a record high. So is this a glimmer of hope for the struggling EV industry?

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