MINNEAPOLIS — Anchored with a huge buildout of fast charging stations, Xcel Energy this week unveiled a plan to spend $300 million to greatly expand its electric vehicle presence in Minnesota.
Minneapolis-based Xcel, in a filing with Minnesota utility regulators, proposed building 730 new fast-charging stations across Minnesota during the next several years — an investment alone of about $170 million. It also would operate those chargers.
While other charging station initiatives are underway in the state, none comes close to Xcel's proposal. Currently, Minnesota only has about 55 public DC fast-charging stations, though there are at least another 20 supercharging stations for Tesla owners.