Car Charging Calls for More Fueling Stations to Boost Use
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Car Charging Group Inc., the operator of 1,100 charging stations across the U.S., said a lack of such facilities is the “biggest hole” in the electric-vehicle market and millions more are needed.
“This is a chicken and egg situation -- you need infrastructure for people to feel comfortable enough to buy these cars,” Chief Executive Officer Michael Farkas said in a Bloomberg Television interview with Tom Keene and Scarlet Fu.