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Benzinga
Benzinga
Business
Jeff Vasishta

Costco's EV Charging Has Been Developed By SpaceX Engineers — Its Low Prices Could Usher In A New Wave Of Car Buyers

Costco

There might be another compelling reason to visit Costco (NASDAQ:COST), aside from its affordable pizza and industrial-sized condiments. The much-loved bulk wholesaler is entering the EV charging business and recruiting SpaceX engineers to help them achieve it.

According to electric vehicle news site Electrek, Costco will open its first EV charging stall at its Northport, Florida location in conjunction with an electric charging company Electric Era. If it were to implement the practice nationwide, it could significantly impact electric car sales in the U.S.

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