WASHINGTON — Federal funding to support a national electric vehicle charging network has prompted Flo to hasten its EV charger manufacturing and deployment strategy in the U.S.
The North American EV charging company entered the U.S. market in 2018, but federal assistance from the bipartisan infrastructure law signed in 2021 and last year's Inflation Reduction Act have encouraged the Canadian company to more quickly invest and scale up production here, said CEO Louis Tremblay, who called the laws' EV-related provisions "critically complementary."
"It's definitely sped up our need to have U.S. manufacturing," Tremblay said during an interview here on Tuesday. "We see the U.S. as the biggest North American market."