Walmart is preparing to enter the U.S. electric vehicle charging business and offer new services to its customers, and to this end, it has announced that will build its own network of chargers using a network of stores throughout the country.
For now, the retail giant has not provided details of its investment plan; however, he assured that he would move forward with the plan to every Walmart or Sam’s Club store the country has a network of charging stations for electric vehicles.
The electric car fever has kept the pace of growth contained but steady, and the federal government and automakers future plans for the transformation of motorization from petrol to electric mobility.
Currently, brands such as Tesla have entered the electric vehicle market; however others for many years such as Ford and General Motors are moving ahead in transforming their cars convert them to zero emission versions.
Retail giant hopes EV charger network will be completed by 2030.
Walmart knows one of the biggest car electrification challenges in the country is availability of a network of fast charging stationswhich gives consumers the opportunity to move confidently on the roads.
This is where the retail giant identified a business opportunity by building a network take advantage of the more than 5,000 stores it haslocated within 10 miles of approximately 90% of homes in the United States.
Walmart is already experimenting with a small network of 1,300 fast-charging stations that it operates in partnership with a Volkswagen division known as Electrify America.
The current operating network of Walmart and Volkswagen, although small, is one of the open public networks for electric vehicles. largest in the country.
“We have the ability to address assortment issues and build fear like no other in this country,” said Vishal Kapadia, Walmart’s senior vice president of energy transformation, in an interview with Yahoo Finance.
The Walmart executive added that the plan takes into account that the company has its own electric vehicle charger network, rather than one that is partnered, which will help improve reliability and costs.
He added that the planned stations will be fast charging and DC, as well Each store will have four chargers. companies.
The country now has a network of 30,000 fast-charging stations, and the federal government is pushing ahead with a plan to build a national network with more than 500,000 chargers distributed throughout the country.
Source: La Opinion
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