Powering Up EV Charging at Convenience Stores and Truck Stops

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As electric vehicles (EVs) gain traction, convenience stores and truck stops emerge as crucial hubs for public EV charging. In 2022, the US witnessed a surge in EV sales, reaching nearly 918,500—more than 2.5 times the 2018 figures. Projections suggest that by 2035, EVs will command 45% of the market, up from the anticipated 32% in 2030. Seizing this opportunity, businesses are gearing up to install EV charging infrastructure. Let’s delve into the top three funding sources for these ventures.

Federal Boost: NEVI and CFI Funding Programs

The Infrastructure Investment and Jobs Act, or the Bipartisan Infrastructure Law, infused substantial funds into the nation’s infrastructure and energy initiatives. A hefty $5 billion is earmarked for the National Electric Vehicle Infrastructure (NEVI) program, focusing on establishing a connected network of fast chargers along designated Alternative Fuel Corridors. Additionally, $2.5 billion is allocated for the Charging and Fueling Infrastructure (CFI) program, specifically targeting zero-emission fueling infrastructure in communities and along these corridors.

National Electric Vehicle Infrastructure (NEVI) Program

Dollars are flowing as each state, along with Washington, DC, and Puerto Rico, received funds to distribute among eligible businesses. These NEVI funds cover a spectrum of EV charging infrastructure elements, from acquisition and installation to operation, maintenance, and data sharing of long-term EV charging station data. Preference is given to the establishment of fast chargers every 50 miles, contributing to a nationwide network. States meeting these requirements can divert NEVI funds to other projects.

Charging and Fueling Infrastructure (CFI) Discretionary Grant Program

Working in tandem with NEVI, the CFI Program extends support to communities and corridors. While NEVI funds are state-distributed, the US Department of Transportation oversees CFI disbursement to local and state governments. The program offers two grant types: Community Charging and Fueling Grants and Alternative Fuel Corridor Grants. The former prioritizes rural areas, low-income neighborhoods, and communities with limited private parking spaces. Eligible projects include charging for various vehicles, public transportation, commercial applications, and infrastructure planning.

Anfu: Empowering NEVI Eligible Businesses

To simplify the NEVI funding process, Anfu Charging has introduced a turnkey program for eligible locations. Qualifying businesses can benefit from Anfu’s guidance, covering site evaluation, permitting, and electrical contracting. Anfu operates the installed fast chargers and provides site hosts with monthly revenue and comprehensive reports on charger usage and sustainability.

In this electric evolution, convenience stores and truck stops stand at the forefront, fueled by federal initiatives and innovative solutions like Anfu Charging’s NEVI support program. Stay tuned for more insights into the dynamic landscape of EV charging infrastructure.

Unlock Tax Credits for Charging Stations

Your business could snag a 30% federal tax credit, maxing out at $100,000, for putting in electric vehicle (EV) charging stations. Here’s the lowdown:

Location Matters: Businesses in specific census tracts qualify. Either it’s not an urban area, or the poverty rate hits 20%, or it’s in a census tract with a family income below 80% of the state median.

Boost Your Credit: Meet wage and apprenticeship standards? You could score up to 30% more, with a 6% base credit per station, up to $100,000.

Dive into State and Local Perks

Apart from federal goodies, state and local governments might be dishing out funds too. Some programs cover infrastructure readiness, prepping your turf for future expansions. Others foot the bill for the charging stations themselves. Check Anfu’s Commercial Incentives tool with your zip code for details.

Select the Right Chargers for the Job

For convenience stores or truck stops eyeing the NEVI program, go big with DCFCs at least 150kW strong – charging a vehicle in under an hour.

Non-NEVI ventures? You’ve got choices. Opt for efficient DCFCs or cost-friendly Level 2 chargers. Level 2 takes four to eight hours for a full charge, ideal for spots where drivers hang around. Plus, they juice up all EVs, including plug-in hybrids.

Anfu’s got the gear – fast DCFCs and Level 2 chargers. They’re versatile, accepting payments various ways. And once installed, they hook up to the Anfu Network, letting you tweak settings like pricing. Drivers? They locate and pay with the Anfu Charging App.

Grab Funding for Your EV Journey

Installing EV charging stations might pinch the wallet, but Uncle Sam’s got your back. The Department of Transportation lists EV charging infrastructure funding programs, and rural businesses along key routes are in the sweet spot. Uncle Sam’s on a mission to blanket the country with DCFCs – a golden opportunity for convenience stores and truck stops. Ready to roll? Reach out to Anfu today for quotes or funding application support.

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