There are a crazy number of charging companies out there. They literally just install a charger at any parking spot anywhere and connect electricity. It’s the simplest thing in the world, there is no ploy to be a monopoly in the space. The issue is there is not enough EVs on the road. Think cell towers in the middle of no where, sure you wish they were there but they just are not useful or profitable to many people.
This. I think because NACS is becoming the standard is exactly why they don't want to invest in EV Charging. When Superchargers were Tesla-only, they were a way to promote and market Tesla cars. Now that every car will be able to use them, that's gone. Let someone else run EV charging networks.
Additionally, EV Charging is not going to be a high-margin, disruptive industry that is a darling of wall street. Can you imagine investors getting excited about investing in the largest operator of Gas Stations? I don't think so. It's going to end up being a tight, competitive business where people pick where to charge based on prices down to the penny. No one's going to end up as a billionaire running that business.
