Conference Shows Electrification Plays Critical Role in Driving Shared Mobility
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Speakers at the Move America 2023 conference expressed an urgency to establish more reliable public charging for advancing all transportation modes. This report sums up conference discussions that centered on how the latest developments in EV charging and infrastructure, as well as the funding to support them, will impact shared modes from subscriptions to ride hailing to micromobility. Key takeaways are investors staying cautious amid high interest rates; supply chain challenges, particularly for batteries, persist; and EV prices are decreasing but car ownership is generally becoming less affordable. Additionally, a range of companies, from fast-charging battery developers like StoreDot to electric mobility and infrastructure companies like Revel, are introducing more public charging solutions.
