Last Update: April 07, 2023, 02:33 IST
The US retail giant, which has EV chargers at a fraction of its US stores, plans to build its own EV fast-charging network across thousands of Walmarts. (file photo)
According to Cox Automotive, electric vehicles will account for 5.8 percent of the US market for new vehicles in 2020, up from 3.2 percent in 2021.
Walmart on Thursday announced plans to add electric vehicle (EV) chargers to thousands of US stores in a sign of further mainstreaming of emissions-free autos.
The US retail giant, which has EV chargers at a fraction of its US stores, “plans to build its own EV fast-charging network across thousands of Walmart and Sam’s Club locations coast-to-coast,” said a Walmart news release. Has gone. That’s about 90 percent of the US population lives within 10 miles of a Walmart.
The announcement is the latest sign of movement in the US transportation market in what is expected to be a years-long transition away from the internal combustion engine car.
According to Cox Automotive, electric vehicles will account for 5.8 percent of the US market for new vehicles in 2020, up from 3.2 percent in 2021.
The 2021 bipartisan infrastructure law supported by President Joe Biden included $7.5 billion for a nationwide network of electric vehicle chargers.
Biden also highlighted other private-sector efforts to speed the transition, including an increase in the number of EV car rentals by Hertz and a Google search tool about EV tax credits.
A wider and more accessible EV charging network is considered a key requirement of the EV transition to address “range anxiety”, a point underscored by Walmart, which has more than 5,300 stores in the United States, including 600 Sam’s. Locations included.
“Easy access to on-the-go charging is a game-changer for drivers who hesitate to buy an EV for concern that they won’t be able to find a charger in a clean, bright and safe location when they need it,” Walmart said. .
Walmart currently has 1,300 EV chargers in more than 280 US facilities.
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(This story has not been edited by News18 staff and is published from a syndicated news agency feed)
