Charging

Pure-Play Charging Company Revenue

Quarterly revenue for publicly traded EV charging companies ($M). Sources: company earnings reports, SEC filings.

Quarterly revenue for publicly traded pure-play EV charging companies ($M). Sources: company earnings reports, SEC filings.

Network Utilization Rates

Estimated average charger utilization rate by network — industry breakeven typically requires 15–20% utilization. Sources: company filings, BloombergNEF.

Estimated average charger utilization rate by network. Industry breakeven typically requires 15-20% utilization. Sources: company filings, BloombergNEF estimates.

Revenue per Charging Port

Annualized revenue per port by operator — higher revenue per port indicates better unit economics and path to profitability. Sources: company filings, analyst estimates.

Annualized revenue per charging port by operator. Higher revenue per port indicates better economics and route to profitability. Sources: company filings, analyst estimates.

US NEVI Federal Funding Tracker

National Electric Vehicle Infrastructure (NEVI) Formula Program — $7.5B allocated 2022–2026. Sources: FHWA, Joint Office of Energy and Transportation.
Total NEVI Allocation

$5.0B

Stations Deployed

510 of 5,000+ planned

StateAllocation ($M)Stations FundedStations OperationalCompletion %
Texas$4074822
46%
California$3834228
67%
Florida$1982214
64%
New York$1752011
55%
Pennsylvania$1711818
100%
Illinois$1491611
69%
Ohio$1402822
79%
Georgia$1351513
87%
Michigan$1102218
82%
North Carolina$1091412
86%
Virginia$1061214
117%
Indiana$1001513
87%
Tennessee$88109
90%
Missouri$781816
89%
Arizona$76109
90%

National Electric Vehicle Infrastructure (NEVI) Formula Program funding by state. $7.5B total allocated 2022-2026. Sources: FHWA, Joint Office of Energy and Transportation.

Oil & Gas EV Charging Investment

Annual EV charging infrastructure investment by major energy companies ($B). Sources: company annual reports, sustainability disclosures.

Annual EV charging infrastructure investment by major energy companies ($B). Sources: company annual reports, sustainability disclosures.

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Charging - Economics | Sterling