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Three Major Sources of Funding for EV Charging at Convenience Stores and Truck Stops

Blink Charging

In the ongoing transition to electric vehicles (EVs), convenience stores and truck stops will continue to be important places for public EV charging. Businesses like convenience stores and truck stops are poised to take advantage of the current increase of EVs by installing public EV charging infrastructure. times more than in 2018.

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Blink’s 2023 Year in Review

Blink Charging

We signed agreements to bring Level 2 charging to Arcos Dorados’s McDonalds franchises in Puerto Rico and to bring DC fast charging to Royal Farms convenience stores in the Mid-Atlantic. Like the tax credit for new EVs, the used EV tax credit included an AGI cap and must be sold by a licensed dealer.

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How Government Incentives Help Convenience Stores Install Electric Vehicle Chargers

Blink Charging

And this is where truck stops and roadside convenience stores come into play. Drivers are already used to stopping at these types of places to fuel their internal combustion engine (ICE) vehicles, so it only makes sense that EV drivers would also associate these types of businesses with refueling for their vehicles.

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Deep Dive into the Alternative Fuel Infrastructure Tax Credit in 2022 and 2023

Blink Charging

The Section 30C Alternative Fuel Vehicle Refueling Property Infrastructure tax credit expired at the end of 2021; however, with the passage of the Inflation Reduction Act of 2022, the program was renewed for another 10 years with a few caveats. Learn more about the EV tax credit.

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How Federal and State Government Incentives Make It Easy to Become an EV Owner

Blink Charging

Federal Incentives for Purchasing an EV Among the federal government’s incentives for drivers, you can find tax breaks for both new and used EVs that are in place until the end of 2032. Beginning in 2024, the consumer clean vehicle tax credits can be available at the point of sale by transferring your credit to the dealership.

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Five ways EV charging providers can cut EV charging OPEX and CAPEX

Driivz

In this blog, we’ll look at five things you can do decrease EV Charging station costs and cut OPEX and CAPEX so you can offer affordable pricing to customers, attract more drivers to your network, and minimize upfront costs. This stored power can then be used for charging when the grid is strained or when utility pricing is highest.

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Your Questions Answered: How Much Does It Cost to Charge an EV?

Blink Charging

EV drivers can enjoy tax credits and lower maintenance costs. Charging Cost Formula In a blog on this topic, Investopedia suggests using this formula: Charging Cost = (VR/RPK) x CPK. However, you can only store this electricity in the battery if it has room to store energy. Here’s what the math says.