U.S. EV Charging Network Gets $2.5 Billion Boost From Biden Administration

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U.S. EV Charging Network Gets $2.5 Billion Boost From Biden Administration
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Funds are intended to fill in regional gaps, particularly for underserved and rural communities, following an initial $5 billion infusion to build EV charges on U.S. highways and state routes.

The Biden Administration is trying to get 500,000 new electric vehicle and alternative fuel stations opened across the U.S.The Biden Administration is making good on a promise to create a vastly bigger electric vehicle charging network across the U.S., particularly in lower-income or rural regions, by opening up access to $2.5 billion in additional federal funds as part of a push to cut automotive carbon emissions.

“All Americans, regardless of where they live, should have the opportunity to benefit from the lower operating costs, reduced maintenance needs and improved performance that EVs can provide,” Coes told reporters. “Achieving our long-term climate and equity goals requires the equitable deployment of EV infrastructure.”

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