How to invest in EV infrastructure tech: An investor's guide
11/07/2023 01:47
ICF estimates that a total of 93 million more EVs will be on the road by 2050, thanks to advancements in EV technology and progress in building out the infrastructure to support the demand. It's a space investors are keenly paying attention to, with most aware of the infrastructure hurdles, but maybe not as aware of the emerging innovations that will critically change the EV charging landscape. Craig Irwin, Managing Director and Senior Research Analyst at Roth Capital Partners and Stacy Noblet, Vice President in Transportation Electrification at ICF join Yahoo Finance Live to discuss the strides needed to revamp the EV industry. In response to startups building out infrastructure technologies like wireless inductive charging, Irwin said, “it takes a lot of interest and a lot of innovation across a spectrum of solutions.” “It’s not just about putting chargers in the ground,” Noblet said. “They need to be readily available and that’s a workforce development issue to be able to support not only the installation of the charging stations, but keeping them running.”For more from this episode of NEXT:To see the full NEXT episode: Electrifying Roads, click here. To read Akiko Fujita's article: This Israeli company is building a road that charges electric vehicles in Detroit, click here.To learn more about Charging while driving: The next step in EVs, click here.
ICF estimates that a total of 93 million more EVs will be on the road by 2050, thanks to advancements in EV technology and progress in building out the infrastructure to support the demand. It's a space investors are keenly paying attention to, with most aware of the infrastructure hurdles, but maybe not as aware of the emerging innovations that will critically change the EV charging landscape.
Craig Irwin, Managing Director and Senior Research Analyst at Roth Capital Partners and Stacy Noblet, Vice President in Transportation Electrification at ICF join Yahoo Finance Live to discuss the strides needed to revamp the EV industry.
In response to startups building out infrastructure technologies like wireless inductive charging, Irwin said, “it takes a lot of interest and a lot of innovation across a spectrum of solutions.”
“It’s not just about putting chargers in the ground,” Noblet said. “They need to be readily available and that’s a workforce development issue to be able to support not only the installation of the charging stations, but keeping them running.”
For more from this episode of NEXT:
To see the full NEXT episode: Electrifying Roads, click here.
To read Akiko Fujita's article: This Israeli company is building a road that charges electric vehicles in Detroit, click here.
To learn more about Charging while driving: The next step in EVs, click here.