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How has the various topics and current events impacted the business world…

- - - - Customers have interests because having more charging stations will give them more incentives for them to buy an electric car because it’ll be more accessible for them and much cheaper in the long run.
    - - They benefit by making more sales and by potentially getting a raise if they sell lots of vehicles.
    - - By gaining lots of sales and profiting financially. Therefore being able to franchise and expand their business.
  - - - As the battery is the single largest cost of an EV. Thats why the industry is so focused on innovating and scaling to lower the component cost of EV batteries.
    - - The largest barrier right now to mass-market EV adoption is, in fact, the charging problem. Not enough speed charging stations world wide. The problem, though, is that a 250kW inverter costs, at least in this case, $57,600 and is about the size of a very large fridge. Therefore, what the industry needs is not faster chargers, but more chargers, which is hugely difficult given the enormous cost of fast chargers.
  - - - Because of the cost and the size, but what the industry needs is not faster chargers, just more of them.
      - They would need to build 31,251 more charging stations to be equivalent to how many gas stations there are.
    - - Technology is not yet at the path of market dominance.
      - Customers are not so worried about the actual cost of the car but about the distance it will be able to take you on 1 charge.
      - Worried about having to charge the car ideally in 31 minutes but the chevy volt EV cannot even supercharge yet because it doesn't have the right technology for it.
    - - The battery, but overtime it is getting much cheaper the is finally coming out and becomes more easy and simpler to create longer lasting batteries for a cheap price.