GM Banks On Free Electric Vehicle Charging Stations To Sell New Chevy Bolt EUVs
GM’s new Chevy Bolt EUV gets an all-American showcase from hundreds of free electric vehicle charging stations reaching 70 million consumers.
GM’s new Chevy Bolt EUV gets an all-American showcase from hundreds of free electric vehicle charging stations reaching 70 million consumers.
Volta has been doing quite well, and investors recently poured an extra $125 million into the company to supercharge growth. Volta pulled in $125 million in an oversubscribed Series D financing round.
How does the future of mobility shift? Does new technology disrupt the transportation landscape with seismic force? Or does it slide in like a sly dinner guest, slowly and quietly winning friends and influencing industries?
Volta, the industry leader in electric vehicle charging networks, today announced their campaign to promote Jaden Smith’s new music release, CTV3: Cool Tape Vol. 3, featuring track Cabin Fever. Jaden is a vocal supporter of sustainability, environmental initiatives and electric vehicles. His passion for issues that concern the environment aligns with Volta’s sustainability efforts.
Volta and the City of Richmond in California have partnered to bring free EV charging to Richmond’s residents.
Editor’s note: We have written about GM’s new partnership with EVgo to add 2,700 EV fast charging stations across the United States in the next 5 years a couple of times. However, this piece below offers some useful context to the news by adding information (charts!) on the current EV fast charging landscape across the country.
The Global e-Mobility Funding Report for the third quarter of 2019 showed a total of $2.7 billion raised by 45 electric vehicle (EV) companies across the world. This funding amount is even higher in reality since another 18 EV-related companies didn’t disclose any financial details.
For our new report, Electric Car Drivers: Demands, Desires & Dreams (2019), we investigated whether EV drivers bought their cars new, bought them used, or leased them. The split was interesting. We then dug in deeper as well, for the first time ever, to learn a bit more about the cars they replaced, and why they went electric.
We were curious whether EV ownership/leasing correlated with rooftop solar panel ownership, and also whether driving an EV encouraged people to drive more efficiently or even conserve energy more at home, so we surveyed thousands of EV owners. Guess what the results were.
When asked for the top reasons the EV drivers got their cars, we got similar responses as in previous years. The largest portion of buyers in every group referenced the environmental benefits. As before, Tesla buyers in the various markets were more likely to select “fun & convenience” and “I love new tech” than other EV drivers.