"Bullish homegrown electric vehicle charger manufacturers could see major growth from CT policy shift"
“Part of the reason the two Greater Hartford companies have bullish outlooks is because of the recent EV commitments made by major car manufacturers, including General Motors, which in January became the first major U.S. automaker to pledge to phase out internal combustion model vehicles by 2035.
President Joe Biden’s initiative to install 500,000 EV chargers across the country this decade, and hopes that he will lift caps on federal tax credits for EV purchases, are also spurring excitement.
Amid those broader developments, there’s a potential sea change in Connecticut’s EV and charging policies.”