Americans nationwide will likely face higher electric bills to pay for the next stage of the country's electric vehicle (EV) charger buildout — even if they don't drive an EV.
Why it matters: The U.S. will need a massive investment in public charging infrastructure to match the anticipated spike in EV demand. But such capital outlays don't make economic sense for many companies until there are more EVs on the road — which won't happen until there are more chargers.
