There's perhaps no American retailer better positioned to make electric vehicle charging more ubiquitous than Walmart. It has thousands of stores, enormous parking lots, and millions of customers who already shop there. Now it's taking full advantage, rapidly filing parking lots with fast chargers, even as EV sales are sluggish.
The strategy is gathering serious momentum. Walmart added 368 public fast-charging ports to its stores in the second quarter, more than any network in the U.S. apart from Tesla. Recently, it opened up its 100th owned-and-operated fast-charging station, expanding its footprint to 20 states.