Enel Makes Bold Move In US EV Market - Unveils Plan To Install 10K Public Fast Chargers - Enel (OTC:ENLAY)

Italian energy company Enel SpA's ENLAY electric mobility subsidiary Enel X Way plans to add over 10,000 DC public charging stations to support the U.S. National Electric Vehicle Incentive (NEVI) program.
If the plan goes through, it will almost double the number of public fast chargers available to drivers in the U.S., reported the WSJ.
The Biden administration's new tailpipe emission rules propose strict restrictions to boost the switch to EVs.
Enel expects to add at least two million EV charge ports across home, commercial, and public charging segments in North America by 2030.
Chris Baker, Head of Enel X Way North America, said, "Building out the charging infrastructure will be critical to enabling the EV transition in the North America, and Enel X Way is stepping up to help lead the charge with our plan to add at least two million EV chargers in North America across public, commercial and home charging segments by 2030."
Price Action: ENLAY shares are trading lower by 3.21% at $6.33 on the last check Thursday.
Photo Via Company