{"id":593488,"date":"2023-07-26T11:24:20","date_gmt":"2023-07-26T05:54:20","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=593488"},"modified":"2023-07-26T11:24:20","modified_gmt":"2023-07-26T05:54:20","slug":"ev-charger-operator-evcs-seeks-to-raise-125-million-to-expand-network","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ev-charger-operator-evcs-seeks-to-raise-125-million-to-expand-network\/","title":{"rendered":"EV charger operator EVCS seeks to raise $125 million to expand network"},"content":{"rendered":"<p>Electric vehicle (SV) charger operator EVCS is looking to raise $125 million, according to a document seen by Reuters, as it races to expand its network of fast chargers eightfold by 2025 and capitalise on the US government&#8217;s push to boost EV adoption.<\/p>\n<p>A $5 billion federal program to electrify US highways and a recent slew of deals by market leader Tesla to open up its charging technology to rival automakers has unleashed a capital-intensive race among charger makers and operators to offer new products and expand their networks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Electric vehicle (SV) charger operator EVCS is looking to raise $125 million, according to a document seen by Reuters, as it races to expand its network of fast chargers eightfold by 2025 and capitalise on the US government&#8217;s push to boost EV adoption. A $5 billion federal program to electrify US highways and a recent slew of deals by market leader Tesla to open up its charging technology to rival automakers has unleashed a capital-intensive race among charger makers and operators to offer new products and expand their networks.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-593488","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/593488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=593488"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/593488\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=593488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=593488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=593488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}