Business Opportunities Created 12/19/2020
EV Charging Stations
Market Problem 🤔 Electric vehicles have a limited driving range and there's not enough charging stations to cover specific long-distance routes. Depending on where you live, driving to a EV charging station in your city/town could be an inconvenience.
Solution 🤯 Install more chargers...duh!
How Do I Profit Off This? 💸
With governments around the world focusing on combating climate change, it is safe to say that electric vehicles are here to stay.
But before electric vehicles take on mass adoption there's three things that need to be addressed.
1. The driving distance on a full charge.
2. How long it takes to completely charge a battery vs 3 minutes at a gas pump.
3. Installing enough fast chargers so drivers around the world can charge their EV fast without having to go too far out of their way.
I came across a great video on YouTube that breaks down these issues. I feel like they did a far better breaking these issues down than we ever could.
You can watch it here.
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