President Biden, DOE and DOT announce $5 B for national EV charging network
USA, Washington DC: The US Departments of Transportation and Energy announced nearly $5 B to build out a national electric vehicle charging network.
Image source: T&D World
USA, Washington DC: The US Departments of Transportation and Energy announced nearly $5 B to build out a national electric vehicle charging network.
The funds will be made available under the new National Electric Vehicle Infrastructure (NEVI) Formula Program established by President Biden’s Bipartisan Infrastructure Law. This will be an important step towards making electric vehicle (EV) charging accessible to all Americans.
The program will provide nearly $5 B over five years to help states create a network of EV charging stations along designated Alternative Fuel Corridors, particularly along the Interstate Highway System. The total amount available to states in Fiscal Year 2022 under the NEVI Formula Program is $615 M. States must submit an EV Infrastructure Deployment Plan before they can access these funds. A second, competitive grant program designed to further increase EV charging access in locations throughout the country, including in rural and underserved communities, will be announced later this year.
“We are modernizing America’s national highway system for drivers in cities large and small, towns and rural communities, to take advantage of the benefits of driving electric,” said Jennifer M. Granholm, US Secretary of Energy. “The Bipartisan Infrastructure Law is helping states to make electric vehicle charging more accessible by building the necessary infrastructure for drivers across America to save money and go the distance, from coast-to-coast.”
The news follows President Biden’s announcement earlier this week on EV manufacturing, and the White House Fact Sheet on actions taken to date to prepare for this historic EV investment.
The new Joint Office of Energy and Transportation also launched a new website this week at DriveElectric.gov. There, officials can find links to technical assistance, data and tools for states, and careers. To join the Joint Office and support a future where everyone can ride and drive electric, individuals are encouraged to apply to be an EV charging fellow.
Source: T&D World