ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

AEP American Electric Power Company Inc

87.87
-0.38 (-0.43%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
American Electric Power Company Inc NASDAQ:AEP NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.38 -0.43% 87.87 77.40 89.30 89.28 87.9501 89.00 3,332,413 05:00:01

U.S. Utilities Partner to Provide Easier Access to EV Chargers

02/03/2021 5:08pm

Dow Jones News


American Electric Power (NASDAQ:AEP)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more American Electric Power Charts.

By Stephen Nakrosis

 

Six U.S. utilities on Tuesday said they would be working together on a plan to create a network of electric-vehicle charging stations across large parts of the country.

The six utilities - American Electric Power Co., Dominion Energy Inc., Duke Energy Corp., Entergy Corp., Southern Co. and the Tennessee Valley Authority - are members of the Electric Highway Coalition. The coalition intends to create a seamless network of charging stations connecting the Atlantic Coast to the Midwest and Central Plains regions, as well as the Gulf Coast, the group said.

"Range anxiety is a barrier to more EV adoption. This coalition can erase those obstacles and help deliver the benefits of EV ownership to consumers," said Lang Reynolds, director of electrification strategy for Duke Energy.

The group said potential sites along major highway routes are being considered, adding the planned charging stations will be equipped with fast DC chargers.

"With this effort, we are working to help drivers see that EVs fit their lifestyle and their travel plans, wherever the road might take them," said Nicholas K. Akins, AEP's chairman, president and chief executive.

"By increasing the number of EV fast charging stations across our footprint, we are providing drivers with additional transportation options that are reliable, efficient and more convenient while helping reduce carbon emissions for the benefit of our communities we serve," said Chris Cummiskey, executive vice president, chief commercial officer and customer solutions officer at Southern.

The coalition said it "welcomes interested utilities to join as it seeks to extend the reach of network."

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

March 02, 2021 11:53 ET (16:53 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

1 Year American Electric Power Chart

1 Year American Electric Power Chart

1 Month American Electric Power Chart

1 Month American Electric Power Chart

Your Recent History

Delayed Upgrade Clock