Neha Palmer, CEO of Terawatt Infrastructure, explains the site selection criteria and electrical capacity for the company's first commercial charging hub near LAX.
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Terawatt CEO: Building EV charging network requires multiple billion-dollar raises
“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 multi…”
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Palmer: Heavy transport electrification requires a trillion-dollar investment
“We know that this is a trillion dollar investment over years, and so the scale that we're talking about and the impact that we need to make even with a few sites is going to require lots of capital.”
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Palmer: Rideshare operators find EVs cost-accretive in dense urban markets
“On the rideshare side, in dense urban markets where there's a lot of traffic, we're hearing from operators, it's cost-accretive for them to run EVs instead of traditional vehicles because of the fuel savings.”
Disclosure
Terawatt plans freight EV charging corridor from Long Beach to El Paso
“We call it kind of a corridor, but it would start in the port of Long Beach and go all the way to El Paso, Texas. And so allowing somebody in an EV truck to travel that Confidently, knowing that they had charging along the way that would accommodate the range …”
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Palmer: Many foreign EV charger makers lack robust US spare parts programs
“Another piece is spare parts. It seems really simple that if you create chargers, you would have a full spare parts program, but that's not the case for all charger providers. Making sure that they had a robust program here in the US. Oftentimes you have charg…”
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Palmer: Southern California WAIRE Rules Fine Warehouses for Diesel Truck Visits
“In Southern California, you also have something called the wear rules, where non-zero-emission vehicles going in and out of warehouse hubs can start to incur fines for those warehouses, and so there is a push in the area for electrification, with the port kind…”