By 2030, Walmart wants to install electric vehicle charging stations in thousands of its U.S. stores, the company revealed on Thursday.
In addition to the almost 1,300 EV stations now operational at 280 of the firm’s sites, the company stated it would expand its EV fast-charging network to locations at Walmart and Sam’s Club across the nation. Walmart didn’t go into any detail on the investments.
The big-box retailer claimed that finding suppliers is a current project. The EV charging stations in its nationwide network will be owned and run by the company. According to Reuters, the company anticipates installing an average of four chargers at each participating store.
Walmart has already collaborated with EVgo and Electrify America, two companies that offer EV chargers. Over the past two years, the business has significantly expanded its network.
According to Vishal Kapadia, senior vice president of energy transformation, “easy access to on-the-go charging is a game-changer for drivers who have been hesitant to buy an EV due to concerns they won’t be able to find a charger in a clean, bright, and safe location when they are in need.”
According to Kapadia, the anticipated expansion would increase the dependability of EV ownership. According to the firm, 90% of Americans live within 10 miles of one of Walmart’s more than 4,700 stores or 600 Sam’s Clubs.
Recently, the Biden administration pledged a $7.5 billion investment to start a nationwide charging network, with a focus on rural and lower-income areas. This will probably increase EV sales, which in January made up 7% of new vehicle registrations in the United States.