Uber And Lyft Ride Hailing Services Could Play Key Role In Speed Of Building More EV Charging Stations Nationally, Especially In Low Income Communities, New Study Shows; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Plans Growth For EV Charging Station Dedicated Division

(Stock Market Press via Comtex)

Ride hailing services, Uber and Lyft, could play a key role in bringing EV Charging Stations to low-income communities. With a California mandate of electrifying 90% of miles ride hailing fleets travel by 2030 in a statewide Clean Mile Standard, these two major ride hailing services could also play a leading role in spurring the building of more EV Charging Stations nationwide, a new report by non-profit RMI shows. The study analyzes 101 million miles traveled by ride hailing drivers. Active in building EV Charging Stations are companies such as General Motors (NYSE: GM), Tesla, Inc. (NASDAQ: TSLA), Blink Charging Co. (NASDAQ: BLNK), Solar Integrated Roofing Corp. (OTC PINK: SIRC), ChargePoint (NYSE: CHPT) and prominent retailers such as 7-Eleven (OTC: SVNDY) and Macy's (NYSE: M). They are creating a frenzy of building more EV Charging Stations. Now, the question is: how many will be built in low income areas as ride hailing services become more active in these markets.

stockmarketpress.com features specialized coverage of related stocks in the solar, roofing, EV charging stations and battery charging energy industry such as Solar Integrated Roofing Corp. (OTC PINK: SIRC), Sunrun, Inc. (NASDAQ: RUN), Blink Charging Co. (NASDAQ: BLNK), Tesla, Inc. (NASDAQ: TSLA), GM (NYSE: GM), SolarEdge Technologies, Inc. (NASDAQ: SEDG), First Solar, Inc. (NASDAQ: FSLR), SunPower (NASDAQ: SPWR), Gibraltar Industries, Inc. (NASDAQ: ROCK), Spartan Acquisition Corp. II (NYSE: SPRQ). and Canadian Solar Inc. (NASDAQ: CSIQ).

Uber And Lyft Ride Hailing Services Could Play Key Role In Speed Of Building More EV Charging Stations, Especially Bringing Them To Low Income Communities, New Study Shows; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Plans Growth For EV Charging Station Dedicated Division

The new report by RMI says the future of EV commitments by future electrified vehicle fleets of Lyft and Uber could not only stimulate the building of more EV Charging Stations nationally, it could mean more recharging units and ride hailing activity in low income communities where ride hailing services today have not been highly active. Uber And Lyft Ride Hailing Services Could Play Key Role In Speed Of Building More EV Charging Stations, Especially In Low Income Communities, New Study Shows; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Plans Growth For EV Charging Station Dedicated Division.

EJ KlockMcCook a principal of RMI and an author of the report, said, "Ride hailing services provide a unique opportunity to help build a fast-charging network that is not only financially sustainable, but also provide inclusive access to charging in currently underserved areas." The RMI study analyzed 101 million miles traveled by ride hailing drivers.

The report authors said that gasoline vehicles tend to prevail in low income areas resulting in uneven distribution of the EV Charging Stations — more in high income markets where electric vehicles are owned and where Lyft and Uber operate. In the future, all that could be changed as EV Charging Stations grow. Uber And Lyft Ride Hailing Services Could Play Key Role In Speed Of Building More EV Charging Stations Nationally, Especially In Low Income Communities, New Study Shows; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Plans Growth For EV Charging Station Dedicated Division.

At this time America is seeking to quickly build a network of EV Charging Stations to give potential EV vehicle customers confidence they can drive anywhere with a charging station available to them. The study also analyzes the growth of DC fast-charging infrastructure with ride hailing customers for the transition to EV vehicles in U.S. cities. Uber And Lyft Ride Hailing Services Could Play Key Role In Speed Of Building More EV Charging Stations, Especially Bringing Them To Low Income Communities, New Study Shows; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Plans Growth For EV Charging Station Dedicated Division.

Meantime a new study by research firm MarketDigits predicts that the EV Charging Station sector will grow to $28 billion by 2026, expanding at a torrid 44.8% CAGR over the five year period it tracked. Uber And Lyft Ride Hailing Services Could Play Key Role In Speed Of Building More EV Charging Stations, Especially In Low Income Communities, New Study Shows; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Plans Growth For EV Charging Station Dedicated Division.

Solar Integrated Roofing Corp. (OTC PINK: SIRC) Growing In EV Charging Station Market

Seeking a share of this lucrative market, companies like Solar Integrated Roofing Corp. (OTC PINK: SIRC) is growing its dedicated EV Charging Station Division.

To launch its dedicated EV Charging Station division, SIRC acquired Pacific Lighting Management or PLEMco, an operator of EV Charging Stations. SIRC plans to continue its acquisition strategy in the sector, David Massey, CEO, told an audience of MicroCap investors at a recent virtual conference. Uber And Lyft Ride Hailing Services Could Play Key Role In Speed Of Building More EV Charging Stations Nationally, Especially In Low Income Communities, New Study Shows; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Plans Growth For EV Charging Station Dedicated Division.

Clean green energy is a focus of SIRC as it continues to grow fast primarily by acquisitions. Solar Integrated Roofing Corp. (OTC PINK: SIRC) is growing fast in solar primarily through company acquisitions.The most recent was East Coast based and five-state operational Cornerstone Construction which makes SIRC a national brand. Cornerstone Construction is a solar and roofing solutions provider in a five state market.

Solar Integrated Roofing Corp. (OTC PINK: SIRC) is growing Its solar Green Energy footprint both in residential rooftop installations and solar-generated energy storage as a certified Tesla (NASDA: TSLA) Powerwall battery installer.

President Biden as part of his proposed $6 billion infrastructure package, has included in that spending some $174 billion for EV vehicles. Already, EV vehicle buyers can receive $7,500 in tax credits per car. Biden will sweeten that with more rebates this Fall to spur EV car sales in the future, industry insiders say.

Rebates and tax credits will be increasingly used by the U.S. government to grow the EV vehicle population in the nation -- which, in turn, will trigger the need for more EV Charging Port Stations. Currently, EV vehicles less than 2% of all new cars sold in the U.S. -- far lower than in China and Europe. President Biden is proposing $6 trillion in its renewable energy infrastructure initiative partly to change that.

Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/.

Source: Stock Market Press

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