Improving the charging infrastructure is of crucial importance for a wide EV adoption. In Denmark, the Chinese EV maker NIO Inc (NYSE:NIO) has opened its first European "Power Swap Station" where drivers can replace their used-up battery with a fully charged one. In the U.S., the Biden administration announced $7.5 billion will be committed to launching a nationwide charging network, particularly in lower-income and rural communities, in an effort to boost EV sales which accounted for 7% of January’s new vehicle registrations. A variety of companies across industries are doing their part in alleviating range anxiety fears. 

Walmart Inc (NYSE:WMT) revealed that its will be building its own EV charging network as its stores will be hosting thousands of new fast charging stations nationwide by the end of its decade. At the moment, Walmart has a bit less than 1,300 third-party chargers across 280 stores, but this is the result of partnership with third-party suppliers. According to Reuters, Walmart plans to install an average of four chargers per store in question. Considering that Walmart’s stores and wholesale warehouses are located “within 10 miles of approximately 90% of Americans, the company believes it is is “uniquely positioned” to provide convenient charging solution to EV owners.

At the recent Electric Vehicle and Auto Tech Virtual Conference on March 30th, Steven Rossi, CEO of Worksport Ltd. (NASDAQ:WKSP) appeared as a panelist and discussed progress this innovative company is making with its Terravis Energy patented technology. As part of the new EV charging solutions panel, Rossi spoke about Terravis Energy’s recent installation of two proprietary direct current EV fast charging stations at the company’s NY factory located at West Seneca. Worksport’s employees and stakeholders are getting to power its electric vehicles at these two stations. They are both rated at 120 kilowatt-hours and are comprised of Worksport’s advanced technology, superior engineering and user-friendly interface.