As electric cars and Tesla make headlines, this CEO is betting on charging stations – Fox Business

Blink Charging Company CEO Michael Farkas discusses being the largest owner and operator of electric vehicle stations with 15,000 across the country and shares his thoughts on where the EV industry will go from here.

Michael Farkas, CEO ofBlink Charging Company, joined FOX Business The Claman Countdown on Monday to discuss where he thinks the electric-vehicle industry will go from here.

There's no question about it:The future of mobility is electric, Farkas told Kristina Partsinevelos.

Electric vehicles have been in the spotlight recently, mostly due to Tesla's botched unveiling of its new Cybertruck.

ARMORED WINDOWS SHATTERED AT TESLA TRUCK UNVEILING

If you look at companies for the last 100 years, the most valuable ones have typically been those that fuel the transportation system of their areas, whether it's in the U.S., Europe, anywhere in the world, he said.

Blink Charging Companyis the largestoperator of electric vehicle charging stations with 15,000 across the country

What we're doing is we're taking over for the fuel companies," Farkas said.

Major questions some consumers ask of electric cars are: What if I need to travel a long distance? Can an electric car go as far as I need it to without running out of charge?

These queries don't concern Farkas.

TESLA CYBERTRUCK WILL ACCOUNT FOR 5% OF SALES: INVESTOR

The cars' ranges are increasing, he said. I have a Tesla that drives over 300 miles."

"You really don't need as much range as you think you do. The human body needs to rest during those times.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Farkas acknowledged older model electric vehicles havent met consumer needs, but he said the newer models do.

Now, when you have beautiful cars that drive long distances, that have autonomyand all these unbelievable functionality and features,I think the cars will sell themselves," he said.

CLICK HERE TO READ MORE ON FOX BUSINESS

Follow this link:

As electric cars and Tesla make headlines, this CEO is betting on charging stations - Fox Business

Related Post

Comments are closed.