The Wall Street Journal reported that EV sales are down about half from a year earlier while charging deployment has remained comparatively resilient. New stations increasingly offer more connectors and higher charging speeds, improving coverage for both new and used EV owners.

Installation momentum does not erase the sector’s difficult economics: utilization, power costs and capital spending still complicate profitability. It does, however, mean the ownership experience can keep improving even during a weak vehicle-sales cycle.

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This is an original summary, not a republication of the full report.

Read the original at The Wall Street Journal ↗