In very large cities like Houston, charging stations typically contain an especially large number of plugs and cables, so thefts can be particularly damaging. Photo by Andrew Roberts/Unsplash

Just before 2 a.m. on a chilly April night in Seattle, a Chevrolet Silverado pickup stopped at an electric vehicle charging station on the edge of a shopping center parking lot.

Two men, one with a light strapped to his head, got out. A security camera recorded them pulling out bolt cutters. One man snipped several charging cables; the other loaded them into the truck. In under 2½ minutes, they were gone.

The scene that night has become part of a troubling pattern across the country: Thieves have been targeting EV charging stations, intent on stealing the cables, which contain copper wiring. The price of copper is near a record high on global markets, which means criminals stand to collect rising sums of cash from selling the material.

The stolen cables often disable entire stations, forcing EV owners on the road to search desperately for a working charger. For the owners, the predicament can be exasperating and stressful.

Broken-down chargers have emerged as the latest obstacle for U.S. automakers in their strenuous effort to convert more Americans to EVs despite widespread public anxiety about a scarcity of charging stations. About 4 in 10 U.S. adults say they believe EVs take too long to charge or don’t know of any charging stations nearby.

If even finding a charging station doesn't necessarily mean finding functioning cables, it becomes one more reason for skeptical buyers to stick with traditional gasoline-fueled or hybrid vehicles, at least for now.

America's major automakers have made heavy financial bets that buyers will shift away from combustion engines and embrace EVs as the world faces the worsening consequences of climate change. Accordingly, the companies have poured billions into EVs.

Stellantis envisions 50% of its passenger cars being EVs by the end of 2030. Ford set a target of producing 2 million EVs per year by 2026 — about 45% of its global sales — though it has since suspended that goal. General Motors, the most ambitious of the three, has pledged to sell only EV passenger cars by the end of 2035.

Any such timetables, of course, hinge on whether the companies can convince more would-be EV buyers that a charge will always be available when they travel. The rise in cable thefts isn't likely to strengthen the automakers' case.

Two years ago, according to Electrify America, which runs the nation’s second-largest network of direct-current fast chargers, a cable might be cut perhaps every six months at one of its 968 charging stations, with 4,400 plugs nationwide. Through May this year, the figure reached 129 — four more than in all of 2023. At one Seattle station, cables were cut six times in the past year, said Anthony Lambkin, Electrify America's vice president of operations.

"We’re enabling people to get to work, to take their kids to school, get to medical appointments," Lambkin said. “So to have an entire station that’s offline is pretty impactful to our customers.”

Two other leading EV charging companies — Flo and EVgo — also have reported a rise in thefts. Charging stations in the Seattle area have been a frequent target. Sites in Nevada, California, Arizona, Colorado, Illinois, Oregon, Tennessee, Texas and Pennsylvania have been hit, too.

Stations run by Tesla, which operates the nation's largest fast-charging network, have been struck in Seattle, Oakland and Houston. So far this year, Seattle police have reported seven cases of cable thefts from charging stations, matching the number for all of 2023. Thieves hit Tesla stations four times this year compared with just once last year, the Seattle police said.

“Vandalism of public charging infrastructure in the Seattle metro area has unfortunately been increasing in frequency," EVgo said.

The company said law enforcement officials are investigating the thefts while it tries to repair inoperable stations and considers a longer-term solution.

The problem isn't confined to urban areas. In rural Sumner, Washington, south of Seattle, thieves cut cables twice at a Puget Sound Energy charging station. The company is working with police and the property owner to protect the station.

Until a month ago, police in Houston knew of no cable thefts. Then one was stolen from a charger at a gas station. The city has now recorded eight or nine such thefts, said Sgt. Robert Carson, who leads a police metal-theft unit.

In one case, thieves swiped 18 of 19 cords at a Tesla station. That day, Carson visited the station to inspect the damage. In the first five minutes that he was there, Carson said, about 10 EVs that needed charging had to be turned away.

In very large cities like Houston, charging stations typically contain an especially large number of plugs and cables, so thefts can be particularly damaging.

“They're not just taking one," Carson said. "When they're hit, they're hit pretty hard.”

Roy Manuel, an Uber driver who normally recharges his Tesla at the Houston station hit by thieves, said he fears being unable to do so because of stolen cables.

“If my battery was really low, I’d have quite an issue with operating my vehicle,” he said. “If it was so low that I couldn’t get to another charger, I might be in trouble. Might even need a tow truck.”

The charging companies say it's become clear that the thieves are after the copper that the cables contain. In late May, copper hit a record high of nearly $5.20 a pound, a result, in part, of rising demand resulting from efforts to cut carbon emissions with EVs that use more copper wiring. The price is up about 25% from a year ago, and many analysts envision further increases.

Charging companies say there isn't actually very much copper in the cables, and what copper is there is difficult to extract. Carson estimates that criminals can get $15 to $20 per cable at a scrap yard.

"They're not making a significant amount of money,” he said. “They're not going to be sailing on a yacht anywhere.”

Still, the more cables the thieves can steal, the more they can cash in. At $20 a cable, 20 stolen cables could fetch $400.

The problem for the charging companies is that it's much costlier to replace cables. In Minneapolis, where cables have been clipped at city-owned charging stations, it costs about $1,000 to replace just one cable, said Joe Laurin, project manager in the Department of Public Works.

The charging companies are trying to fight back. Electrify America is installing more security cameras. In Houston, police are visiting recycling centers to look for stolen metal.

But it's often hard for the scrap yards to determine conclusively whether metal came from a charging cable. Thieves often burn off the insulation and just sell strands of metal.

The Recycled Materials Association, which represents 1,700 members, is issuing scrap-theft alerts from law enforcement officials so that members can be on the lookout for suspects and stolen goods.

Because charging stations are often situated in remote corners of parking lots, Carson suggested that many more security cameras are needed.

In the meantime, Electrify America said Seattle police are trying to track down the thieves in the video. And Carson said the Houston police are pursuing leads in the Tesla theft.

“We'd like to get them stopped," he said, “and then let the court system do what they're supposed to do.”

___

AP Video Journalist Lekan Oyekanmi contributed to this report from Houston.

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Energy startup Base Power raises $1 billion series C round

fresh funding

Austin-based startup Base Power, which offers battery-supported energy in the Houston area and other regions, has raised $1 billion in series C funding—making it one of the largest venture capital deals this year in the U.S.

VC firm Addition led the $1 billion round. All of Base Power’s existing major investors also participated, including Trust Ventures, Valor Equity Partners, Thrive Capital, Lightspeed Venture Partners, Andreessen Horowitz (a16z), Altimeter, StepStone Group, 137 Ventures, Terrain, Waybury Capital, and entrepreneur Elad Gil. New investors include Ribbit Capital, Google-backed CapitalG, Spark Capital, Bond, Lowercarbon Capital, Avenir Growth Capital, Glade Brook Capital Partners, Positive Sum and 1789 Capital Management.

Coupled with the new $1 billion round, Base Power has hauled in more than $1.27 billion in funding since it was founded in 2023.

Base Power supplies power to homeowners and the electric grid through a distributed storage network.

“The chance to reinvent our power system comes once in a generation,” Zach Dell, co-founder and CEO of Base Power, said in a news release. “The challenge ahead requires the best engineers and operators to solve it, and we’re scaling the team to make our abundant energy future a reality.”

Zach Dell is the son of Austin billionaire and Houston native Michael Dell, chairman and CEO of Round Rock-based Dell Technologies.

In less than two years, Base Power has developed more than 100 megawatt-hours of battery-enabled storage capacity. One megawatt-hour represents one hour of energy use at a rate of one million watts.

Base Power recently expanded its service to the city of Houston. It already was delivering energy to several other communities in the Houston area. To serve the Houston region, the startup has opened an office in Katy.

The startup also serves the Dallas-Fort Worth and Austin markets. At some point, Base Power plans to launch a nationwide expansion.

To meet current and future demand, Base Power is building its first energy storage and power electronics factory at the former downtown Austin site of the Austin American-Statesman’s printing presses.

“We’re building domestic manufacturing capacity for fixing the grid,” Justin Lopas, co-founder and chief operating officer of Base Power, added in the release. “The only way to add capacity to the grid is [by] physically deploying hardware, and we need to make that here in the U.S. ... This factory in Austin is our first, and we’re already planning for our second.”

ExxonMobil postpones $10B plastics manufacturing plant

plastics project postponed

Spring-based ExxonMobil is postponing development of a $10 billion plastics manufacturing plant along the Gulf Coast. Construction on the plant, to be located near Port Lavaca, was supposed to begin next year.

“Based on current market conditions, we are going to slow the pace of our development for the Coastal Plain Venture,” ExxonMobil confirmed in an emailed statement. “We’re confident in our growth strategy, and we remain interested in a potential project along the U.S. Gulf Coast and in other regions around the world. We’re maintaining good relationships with community leaders and contractors, so we are ready to reevaluate the project’s status when market conditions improve.”

According to Independent Commodity Intelligence Services, the Coastal Plain project was preliminary, and ExxonMobil had not yet announced its decision about building a plant for polyethylene production. Polyethylene, the world’s most common plastic, is used in a variety of products, such as bags, bottles, food containers, automotive components, medical tubes, IV bags, children’s toys and cutting boards.

The Coastal Plain postponement follows a judge’s ruling in August that invalidated a decision by Calhoun County ISD board members to negotiate tax breaks with ExxonMobil, according to Inside Climate News. The judge made the ruling in a case filed by environmental activist Diane Wilson and her nonprofit group, San Antonio Bay Estuarine Waterkeeper.

Wilson told Inside Climate News that she thought public opposition played a part in ExxonMobil postponing the Coastal Plain project.

“I think if everybody had just rolled over for them, if they got exactly what they wanted (tax breaks) and there wasn’t a big fight, there would be no delay,” Wilson said.

KBR shifts sustainability focus with planned spinoff

seeing green

Houston-based KBR, a provider of technology and engineering services for government and private-sector customers, is pursuing a tax-free spinoff of its Mission Technology Solutions business as a public company. Following the spinoff, KBR would remain a public company.

The new company, nicknamed SpinCo, would focus on technology and engineering services for the space and national security sectors. The scaled-down KBR, nicknamed RemainCo, would concentrate solely on sustainability technology and services designed to reduce carbon emissions and support energy transition efforts.

According to the company, RemainCo, or New KBR, will is positioned to serve the ammonia and syngas, chemical and petrochemicals, clean refining, and circular economy markets.

Stuart Bradie, chairman, president and CEO of KBR, said that from July 2024 to July 2025, the Mission Technology Solutions segment generated revenue of $5.8 billion. During the same period, the Sustainability Technology Solutions segment posted revenue of $3.7 billion.

KBR has forecast fiscal year 2025 revenue of $8.1 billion, up from $7.7 billion during the previous fiscal year. The company’s 2026 fiscal year starts in January.

In a news release, KBR said SpinCo and the restructured KBR would “deliver long-term profitable growth and value for customers, associates, and shareholders.”

“Our team has successfully built two leading businesses with the necessary scale and strong financial profile to enable us to take this next exciting step,” Bradie told Wall Street analysts.

Over the past decade, Bradie said, KBR has evolved into “a leading provider of differentiated, innovative, up-market science, technology, and engineering solutions with global scale, global reach, and global impact.” The spinoff would create two public companies that’ll “unlock the next phase of value creation,” he added.

Bradie will be chairman, president, and CEO of the newly configured KBR, while Mark Sopp, KBR’s executive vice president and chief financial officer, will transition to oversight of the Mission Technology Solutions spinoff. Effective Jan. 5, Shad Evans will succeed Sopp as CFO of KBR. He currently is KBR’s senior vice president of financial operations.

Bradie said an executive search firm has been hired to identify candidates for the CEO and CFO roles at SpinCo.

The spinoff is expected to be completed in mid- to late 2026.