This Company Could Be Crucial to Biden’s EV Charger Agenda

universally-usable by the end of 2024) most Tesla chargers still only work for the company’s own vehicles. That leaves Tritium holding about 30% of the U.S. market for universal EV chargers, the largest share of any company. It also has the largest U.S.-based factory capacity to build those universal chargers, which will be crucial to picking up lucrative contracts as part of a new $5 billion federal push to build out EV fast chargers.

Some of the most ballyhood new pushes into EV charging in recent months have relied on Tritium equipment. Tritium is supplying equipment for BP’s push into electric vehicle charging, which involves BP building out airport fast charger hubs for car rental giant Hertz’s transition into electric vehicles. Tritium is also the manufacturer behind rideshare company Revel’s ambitions to build outThe charger company has also developed close ties to the Biden Administration.

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