Search only accepts letters and numbers.
Home
|
Advertising
|
Membership
|
Newsletters
|
Contact Us
|
About
|
BPC News
|
Submit Releases
|
Log Out
PREVIOUS ISSUES
NEWS BY INDUSTRY
Coronavirus
All Latest News
Banking & Finance
BPC News Releases
Business Community Events
Business Record E-newsletters
Business Record Insider
Culture
Economic Development
Energy & Environment
Health & Wellness
HR & Education
Insurance & Investments
Iowa News
Iowa Stops Hunger
Law & Government
Lift IOWA
Manufacturing & Logistics
On The Move
On the Record
Opinion
Real Estate & Development
Retail & Business
Sales & Marketing
Tech & Innovation
The Insider Notebook
Transportation
SPECIALTY PRODUCTS
Annual Real Estate Magazine
Best of Des Moines
Book of Lists
BPC Book Publishing
Business Insights
Custom Publishing
Development Guides
Fearless e-newsletter
Greater
innovationIOWA
Iowa Stops Hunger
Made in Iowa
Newcomer's Guide
Pillars of Philanthropy
Special Advertising Sections
EVENTS
Buy Tickets
Upcoming Business Record Events
Fearless Fridays
Project515
Book of Lists Unveiling Party
Legislative Forecast
Economic Forecast
Forty Under 40
Commercial Real Estate Forum
innovationIOWA unveiling
Women of Influence
Manufacturing Forecast
90 ideas in 90 minutes
Jobs Outlook
Power Breakfast
AWARDS
HR Exec. of the Year
Forty Under 40
Forty Under 40 Alumnus
CRE Pro of the Year
InnovationIOWA Awards
Women of Influence
CFO of the Year
CALENDAR
EXECUTIVE TOOLS
Public Notices
Reprints of Business Record
Request Rate Card
RSS Feeds
Video
NOTEBOOK - ONE GOOD READ: The bet behind electrifying the heartland for EVs
Tuesday, December 28, 2021 2:29 PM
With the fuel and horsepower of the federal infrastructure bill, a coalition of private companies, nonprofits and government agencies is trying to bring more electric vehicle chargers into rural areas. This
Wall Street Journal article
tells the story of Francis Energy, a startup that has been working to break into the space with varying success. But the company’s chief executive, David Jankowsky, believes this will change in a few years thanks to the $7.5 billion allocated to electric vehicle charging in the infrastructure bill and the growing development and popularity of electric pickup trucks. Francis Energy has installed 550 chargers in Oklahoma, but they aren’t being used. “It’s a huge risk that these stations are underutilized,” Jankowsky said. “I think that’s why you don’t see a lot of people doing it, especially in the markets we’re in.” The chargers need to be in use at least 5% of the time on average in order to be profitable. Jankowsky said he is confident in the Great Plains but it will take a few years to reach that point. Until then, he is playing the long game.
X
Most Viewed
Most Commented
West Glen Town Center in West Des Moines sold for $45.45 million
Apple data center, Costco, Ruth's Chris Steak House among projects issued building permits in April
Best of Des Moines 2022
Valley West Mall in foreclosure after allegedly failing to make payments on $50M loan
Warehouse leased by Amazon in Grimes sold for $17.51 million
Home
|
Advertising
|
Membership
|
Newsletters
|
Contact Us
|
About
|
BPC News
|
Submit Releases
|
Log Out
Facebook
Twitter
RSS
The Depot at 4th, 100 4th Street, Des Moines, Iowa 50309
|
(515) 288-3336
|
© 2022 Business Record. All Rights Reserved. |
Legal disclaimer
|
Privacy Policy
Software © 2022
1up! Software,
All Rights Reserved
{1}
##LOC[OK]##
{1}
##LOC[OK]##
##LOC[Cancel]##
{1}
##LOC[OK]##
##LOC[Cancel]##
{1}
##LOC[OK]##
{1}
##LOC[OK]##
##LOC[Cancel]##
{1}
##LOC[OK]##
##LOC[Cancel]##