The rise of electric vehicles (EVs) has led to an increased demand for energy sources that are both sustainable and reliable. As a result, renewable energy has become a popular option for powering EVs.

The EV industry has experienced tremendous growth in recent years. According to the International Energy Agency (IEA), there were over 10 million EVs on the road in 2020, and this number is expected to increase to 145 million by 2030. Furthermore, many countries have announced plans to phase out the sale of gasoline and diesel-powered vehicles in the coming years, which will only accelerate the growth of the EV industry. With this growth comes an increase in demand for charging stations and superchargers to power these vehicles.

Renewable energy is a sustainable and reliable source of energy that has become increasingly popular in recent years. Unlike fossil fuels, renewable energy sources such as solar, wind, and hydroelectric power are not finite resources and do not produce harmful emissions. Renewable energy can also be generated locally, reducing dependence on centralized power grids and increasing energy security.

We invest in the building and operation of Charging Stations and Superchargers. This can include installing solar panels and wind turbines to generate renewable energy, and developing software to manage and optimize charging infrastructure.

Faxton in collaboration with ChargePoint operates a network of over 100,000 charging stations across North America, Europe and Australia and we plan to expand into the Asia-Pacific region in the coming years.