Electrify America, the Volkswagen division that operates a network of DC charging stations for electric vehicles in the United States, announced on Tuesday plans to more than double its infrastructure in the United States and Canada over the next four years.
The company expects its network to include more than 1,800 fast charging stations and about 10,000 chargers for electric vehicle drivers by 2025.
Electric vehicle charging infrastructure has attracted the attention of a number of sectors of the US economy, including utilities, auto makers, and large oil corporations. All of them hope to generate income from the growing demand for electricity due to the shift to electrically powered vehicles worldwide and the phasing out of internal combustion engines.
The announcement comes after Reuters reported last week that Volkswagen was trying to sell its stake in Electrify America in order to raise additional funds to build infrastructure for electric vehicles.
Electrify America currently has 635 charging stations with approximately 2,850 EV fast charging points.
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