Mercedes-Benz is about to apply the old dictum that there are three keys to determining the value of a property — location, location, location — to electric-vehicle charging. The luxury-car maker has joined an intensifying race to turn charging into a viable business, announcing plans to build thousands of chargers in the US. To convince drivers to choose one of its battery-powered models over alternatives, it’s scoping out sites near key transport arteries, will offer cafes and other amenities, and will build grid connections that allow for ultra-fast charging. Mercedes may tap aid in the US, where a bipartisan bill that President Joe Biden signed into law in late 2021 set aside $7.5 billion in funding for some 500,000 chargers. Read more at the link in our bio or visit: bloomberg.com/green 📷: Mercedes-Benz