The biggest transition in the 100-year history of the auto industry will happen in the next 24 months.
Unlike startup Coulomb, which seeks to sell the charging station to a "host," 350Green's business plan has the company itself owning and operating the equipment at the grocery stores, malls, and other places where people park on a regular basis. The startup installs and maintains the equipment, reducing some of the risk for the property owner, who would receive a five-percent revenue share after break-even. Coulomb has a bit of a head start, but it's still very early days in this market.
350Green is a partner in the eTec $99.8 million DOE grant to electrify the EV infrastructure in San Diego, Portland, Seattle, Phoenix/Tucson, and Nashville, and is "working closely with Nissan," according to the CEO. They aspire to build 358 charging stations over the next four years.
Never heard of them before.