You may have never heard of a company called LNG Electric, but you’ll know them soon enough. The Boston-based minority-owned startup may very well become one of the top three owner-operators of EV charging stations in the US by 2028. Working together with digital infrastructure consultancy MD7, they’ve made plans to install Level 2 and DC fast charging EV charging stations at more than 13,000 hotels and more than 40 multifamily communities across the US.
Michael Fraunces, president of MD7, said, “We support [LNG Electric’s] mission to provide affordable EV grid access to more people than ever before, and we can’t wait for what’s next.”
It’s going to take five to six years, and they are starting with Level 2 chargers. However, Level 3 chargers will come next, and the big plan is to create a charging network that covers 10-15% of the US hospitality market. The first wave we will see will be at Marriott and Hilton hotels in Ohio, Florida, and Illinois.
Published May 23, 2023 3:53AM
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