Public charging stations don't just drive EV adoption; they also increase consumer spending at nearby businesses, a new MIT study found. The study is based on data from over 4,000 charging stations in California and 140,000 businesses, using anonymized credit and debit card transactions to track changes in spending. Researchers used data from 2019... EV charging stations give bump to nearby businesses, research confirms
Public charging stations don't just drive EV adoption; they also increase consumer spending at nearby businesses, a new MIT study found. The study is based on data from over 4,000 charging stations in California and 140,000 businesses, using anonymized credit and debit card transactions to track changes in spending. Researchers used data from 2019...