EV Structure is an electric vehicle infrastructure startup. Specifically, the company is building an EV charging station power grid managed by a single entity.
This means that the company is fully vertically integrated and provides parts for the entire charging station system (design, construction, procurement, installation and maintenance).
EV Structure has around $13M in signed installation contracts.
And the startup has already installed over 70,000 power stations across the USA.
What’s Next
EV Structures are part of the EV Charging Infrastructure meta trend.
The increasing number of EVs has created a growing demand for EV charging infrastructure.
In fact, searches for “EV charging station” have increased by 514% over the last six months.
This trend is likely to continue: EVs currently only represent 5.8% of new car sales in the US. However, this figure is estimated to grow to 29.5% within the next 7 years.
Jane Smith
Jane Smith is a renowned product reviewer and influencer, has earned widespread acclaim for her discerning and thorough evaluations of a diverse range of consumer goods. Her captivating reviews span technology, beauty, and home products, providing invaluable guidance to millions of discerning shoppers worldwide. Samantha's dedication to transparency and her knack for simplifying complex product features have cemented her reputation as a go-to authority in the world of product reviews. She is also a regular contributor to several online and print magazines, such as Cosmopolitan, Elle, and Glamour. Jessica is passionate about discovering and recommending the best products for her audience, as well as supporting ethical and sustainable practices in the beauty industry. She is based in Los Angeles, California, where she lives with her husband and two dogs. You can follow her at [email protected]