Terawatt CEO: Building EV charging network requires multiple billion-dollar raises
Neha Palmer · Terrawatt Infrastructure’s billion-dollar strategy · May 15, 2025 · at 8:04
Neha Palmer, CEO of Terawatt Infrastructure, explains why building heavy-duty EV charging infrastructure requires massive institutional capital beyond its initial $1 billion raise.
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“The billion dollars is not gonna last that long to build that many assets, and so it was really the vision from the beginning that this is not just a small-scale effort, it's going to be something that requires significant capital, and they'll have to be multiple billion dollar raises, frankly, to get this even off the ground.”
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