18 US States: Ikea & Electrify America Team Up

Verge headline: Ikea and Electrify America team up to install over 200 public fast chargers in 18 states

Sub-headline: The companies will also build another 225 chargers dedicated to delivery fleets

By Umar Shakir Aug 12, 2022, 1:44pm EDT

https://www.theverge.com/2022/8/12/23303144/ikea-electrify-a…

Get ready for your shortest walk-through of an Ikea store yet because Electrify America is bringing its fast charging EV network to more than 25 Ikea locations in the US (via Electrek).

The plan includes installing more than 220 individual fast chargers capable of charging up to 350kW speeds at Ikea stores in 18 different states. The first public chargers will make an appearance by the end of the year and the rest by the end of 2023.

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Electrify America, the charging subsidiary of VW automotive group, currently operates more than 800 stations with over 3,500 fast charging ports in North America. The 25-plus additional Ikea stations are just a drop in the bucket toward the company’s goal of adding another 1,000 stations by 2026. You can look out for the Ikea Electrify America stations coming soon to the following states: Arizona, California, Connecticut, Florida, Illinois, Kansas, Maryland, Massachusetts, Michigan, Minnesota, New York, Pennsylvania, Ohio, Oregon, Texas, Utah, Virginia, and Washington state.

Charts for $VWAGY

$VWAGY daily chart setting up for a breakout from secular triangle/wedge pattern. Also, a bullish crossover (20 x 50 EMAs) looks in the offing soon.

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$VWAGY weekly chart (breakout from long down trendline this past week)

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$VWAGY monthly chart (breakout shown here too)

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