Mayor Bloomberg Issues a Sweeping Goal for Public Charging in NYC

Michael Bloomberg

New York City Mayor depicted a very long bridge he’d like to have built – over the next seven years, he’d like to see 10,000 public parking spots build and 2,000 of them would have electric vehicle public charging stations. There are only 100 public charging stations in the city now and 120 stations being used by the city’s fleet electric vehicles. The mayor put out this request during his 12th and final State of the City address.

Besides the challenges of overcoming the city’s zoning and building code regulations, there’s the question of who would pay for it. For his 2,000 charging station target, NYC would only pay for 30 of them and the rest of the funding would come from private parties. That will likely happen through residential properties, retail outlets, workplaces, and parking garages. There are state EV programs that may be tapped into, but the city of New York will need to find private investors that can find ways to make public charging stations profitable. EV user fees will be adopted at some point to generate revenue.