Apr 19, 2021 (Stock Market Press via COMTEX) -- A new study by Atlas Public Policy Research , as reported by site Bloomberg , finds that if the U.S. intends to meet its 2035 goal of enabling the automative industry becoming all-electric by that date it will need to spend $39 billion on public charging — and a total of $87 billion in EV Charging infrastructure. Reinforcing the study, " U.S. Passenger Vehicle Electrification Infrastructure Assessment ," and its bullish view of the future of EV, President Biden is setting more rebates for EV vehicle buyers.
stockmarketpress.com features specialized coverage of related stocks in the solar, roofing, EV charging stations and battery charging energy industry such as Solar Integrated Roofing Corp. (OTC PINK: SIRC), Sunrun, Inc. /zigman2/quotes/205021014/composite RUN +4.85% , Blink Charging Co. /zigman2/quotes/205311237/composite BLNK +2.92% , Tesla, Inc. (NASDAQ: TSLA), GM /zigman2/quotes/205226835/composite GM -2.52% , SolarEdge Technologies, Inc. /zigman2/quotes/207754270/composite SEDG +2.18% , First Solar, Inc. /zigman2/quotes/209356097/composite FSLR -0.54% , SunPower (NASDAQ: SPWR), Gibraltar Industries, Inc. /zigman2/quotes/204241548/composite ROCK -0.69% , Spartan Acquisition Corp. II (NYSE: SPRQ). and Canadian Solar Inc. (NASDAQ: CSIQ).
New Study Finds $39 Billion In Public EV Charging Infrastructure Will Be Needed If U.S. Seeks To Meet 2035 Deadline For All-Electric Car Sales; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Committed To EV Charging Stations
The Atlas study finds that $39 billion will be required in publicly-accessible charging and $22 billion will be needed for residential single-family home charging if the U.S. is to meet its self-imposed deadline of 2035 for all-electric vehicle sales -- putting the country on a path to electrification of its vehicles. The report also finds that the vast majority of EV Charging Ports will always be at home, now and in the future.
To Meet 2035 EV The U.S. Will Need 495,000 Charging Ports: Study Finds
The Atlas Study, which also finds: "Achieving 100% passenger electric vehicle sales by 2035 will require installation of an estimated 495,000 public and workplace charging ports, a finding similar to the 500,000 EV chargers call for in the American jobs Plan." Atlas also finds that the current pace of investments falls 'woefully short' of the $87 billion required over the next decade to achieve 100% electric passenger vehicle sales by 2035. See the full report at U.S. Passenger Vehicle Electrification Infrastructure Assessment .
Atlas plans to publish in late spring its assessment of needs for electrification infrastructure required for all-electric trucks. In Q3 2021 Atlas plans to publish more data findings on other related issues, such as novel home charging access approaches. New Study Finds $39 Billion In Public EV Charging Infrastructure Will Be Needed If U.S. Seeks To Meet 2035 Deadline For All-Electric Car Sales; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Committed To EV Charging Stations.
Solar Integrated Roofing Corp. (OTC PINK: SIRC) Seeks To Grow Its Dedicated EV Charging Station Division With More Acquisitions
Solar Integrated Roofing Corp. (OTC PINK: SIRC) is committed to clean energy and has established its dedicated EV Charging Station Division to growing fast in the EV Charging Stations industry. It recently, acquired Pacific Lighting or PLEMco as its first acquisition inEV Charging Stations. David Massey, CEO of SIRC, said the company is seeking more acquisitions in that industry in the future. New Study Finds $39 Billion In Public EV Charging Infrastructure Will Be Needed If U.S. Seeks To Meet 2035 Deadline For All-Electric Car Sales; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Committed To EV Charging Stations.
Massey added in a corporate update to shareholders that the company has also "applied for a U.S. Department of Energy grant, which could provide between $20-40 million in funding to help support the build-out of dedicated electric vehicle (EV) charging solutions nationwide through our various operating brands."
"Getting into EV charging was a really a big move for us." Now not only has SIRC acquired the first EV Charging Station company in PLEMco, SIRC CEO David Massey told interviewers that he is seeking to acquire more in the future.
500,000 EV Charging Stations are being built by companies such as Tesla (NASDAQ: TSLA) and General Motors (NYSE: GM), through partnerships and build outs. Blink Charging (NASDAQ: BLNK) is preparing to install 42 more EV Charging Stations In New York , backed by a state rebate program to incentive the move. The dual port chargers are being supported by New York State rebates of up to $4,000 per charging port to deploy chargers within the state. BLNK sees the EV charging station industry as growing fast through 2025. New Study Finds $39 Billion In Public EV Charging Infrastructure Will Be Needed If U.S. Seeks To Meet 2035 Deadline For All-Electric Car Sales; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Committed To EV Charging Stations.
The primary challenge facing the growth of electric cars is the U.S. -- which still account for only 2% of new cars sold in America -- is the anxiety expressed by drivers over the lack of a nationwide network of fast charging stations to support longer trips.
Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/ .
Source: Stock Market Press
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