Loop Raises $60M To Send Ev Charging Infrastructure For A Loop

Electric cars are great and all, but internal combustion engines (ICE) have one thing going for them: comprehensive, well-oiled infrastructure that means you can add 300 miles of range to your car, in 5 minutes, at any of 65,000 or so gas stations. Compare that with the one-hour stop at only about 6,000 high-speed charging stations (1,900 or so of which are Tesla-only chargers), and it quickly becomes obvious why solving EV charging is one of the biggest challenges in the world of EVs. Loop just raised $60 million to solve part of that puzzle, offering turn-key EV charging station networks.