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Why EV Chargers Are Booming Despite Slumping New Car Sales

Public charging is picking up as the used electric vehicle market booms.

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Mar 5, 2026

EVgo Inc. is another company expanding its network. The firm aims to build up to 1,650 new slots to charge electric cars in the US this year, which would be 38% more than it installed last year.

“We’re actually really excited about this year,” CEO Badar Khan said to investors on Tuesday. “I think it’s a year of really ramping up.”

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