Walmart EV Charging Network Reaches 100 Sites Across US
Walmart's electric vehicle (EV) charging network has reached a milestone of 100 locations across 20 states in the US. The company opened its 100th EV fast-charging site at a Supercenter in Monument, Colorado. Most of these locations offer between eight and 16 stalls with power of up to 400 kilowatts.
The Walmart EV charging network supports both CCS and NACS connectors, making it compatible with most electric vehicles currently operating on American roads. This move is expected to attract drivers across several vehicle brands and charging standards.
Walmart has integrated its EV charging service into the company's mobile application, allowing customers to start charging sessions and complete payments directly through the app. Additionally, Walmart+ members receive discounted charging rates through the company-operated network.
The expansion of Walmart's EV charging network is part of the company's broader effort to expand energy services nationwide. As WMT stock fell 0.92% to $102.64, Walmart plans to continue adding more locations in markets with limited fast-charging access, working with utilities and other partners to bring additional sites online.