Tesla Noted As Part Of $700 Million US EV Charging Manufacturing Capacity Boost

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Tesla Noted As Part Of $700 Million US EV Charging Manufacturing Capacity Boost
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This article describes the Biden-Harris Administration announcement about increased private investment in EV charging manufacturing capacity.

The Biden administration remains committed to all-electric transportation. Now the question is, Is this starting point of private investment in EV charging enough to increase production capacity?The Biden–Harris Administration highlighted this week the more than $700 million in EV charging investments from the private sector. Aincrease US domestic capacity to manufacture more than 250,000 new EV chargers each year;make EV charging more affordable, accessible, and equitable.

To spark important constituents to join in the movement to EVs, the administration sought buy-in from automakers and unions around an ambitious target for. The cooperation of the US auto industry to step up its EV charging manufacturing capacity was deemed by the administration to be part of a “renaissance” for nationally-based automakers.

Interestingly, instead of focusing on federal investment, the White House fact sheet describes how the administration has catalyzed private investment to boost domestic EV charging manufacturing capacity.Tesla has been making investments at its Gigafactory in Buffalo, New York, to support the deployment of new fast charging stations to add to its fast-charging network.

Tesla is expanding production capacity of power electronics components that convert alternating current to direct current, charging cabinets, posts, and cables.

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