Hyperdrive

Car-Charging Investment Soars, Driven by EV Growth and Government Funds

The industry has seen more than $4.8 billion in roll-out announcements, investment, debt financing and acquisitions already this year.

A BP petrol station with fuel pumps and electric-vehicle charging points in London.

Photographer: Chris J. Ratcliffe/Bloomberg
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More than $4.8 billion has been pumped into the electric-vehicle charging industry this year — a combination of roll-out announcements, debt financing, investment and acquisitions. And this is just the deals that have disclosed financial figures.