White House unveils $5 billion plan to blanket US highways with new electric-car chargers

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White House unveils $5 billion plan to blanket US highways with new electric-car chargers
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The Biden administration wants to make sure there's a powerful electric-car charging station every 50 miles on major U.S. highways.

The US government is starting to make good on Joe Biden's promise for 500,000 public electric-car chargers.The plan aims to beef up charging access along interstate highways.Gas stations are a dime a dozen, but charging plugs in much of the country are few and far between. That may not be the case for long if President Joe Biden's plan comes to fruition.

Biden aims for the US to have 500,000 public EV chargers by 2030, roughly 400,000 more plugs than are available today.Bipartisan Infrastructure Law passed in November,States will have until August to submit proposals for how they'd spend their share based on guidance published on Thursday.

The investment comes as the global auto industry, incentivized by tightening emissions regulations and the blockbuster success of Tesla, works feverishly to transition toward building and selling zero-emission vehicles. Still, a lack of public charging stations is keeping people from giving up their gas-drinking vehicles. A recentof EV owners in California found that one in five switched back to a gas car because charging was too much of a hassle. In 2021, EV market share in the US grew to 3.5%.

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