White House reveals $623 million to enhance EV charging.
2 min readAmid worries, funding addresses slow shift to zero-carbon transport.
Amid climate concerns, Biden’s administration allocates $623 million for US EV charging expansion, addressing slow zero-carbon transport progress.
Distributed as grants across 22 states, the funding will support various programs, including EV chargers for New Jersey apartments, rapid chargers in Oregon, and hydrogen fuel chargers for Texas freight trucks. Utilizing funds from the bipartisan infrastructure law, it is anticipated that 7,500 chargers will be added to the overall US total.
US Transportation Secretary Pete Buttigieg emphasized, “We are establishing the charging network to secure victory in the EV race.
The electric vehicle revolution has arrived, not just approaching. Personally valuing America’s leadership in the initial automotive revolution, there’s a profound recognition of the ongoing second automotive revolution. It is imperative for America to lead once again.
With approximately 170,000 electric vehicle chargers in the US, a substantial increase from a nearly invisible network pre-Biden, the White House aims for 500,000 chargers to facilitate the shift from gasoline and diesel cars.
Ali Zaidi, a climate adviser to Biden, asserts, “The US is taking the global lead in electric vehicles,” expressing confidence that the administration’s charger goal will not only be met but exceeded. He envisions a continuous buildout in the coming years and decades until achieving a fully net-zero transportation sector.
In the United States, electric vehicle sales have surged, surpassing one million new EVs sold for the first time last year, constituting 9% of total vehicle sales. However, the pace of this growth has somewhat diminished, leading companies like Ford, General Motors, and even Tesla to trim their EV aspirations in recent months.
Despite an increasing variety of EV options for American drivers, most of them remain pricier than their gasoline counterparts. This affordability gap limits accessibility for many buyers, as research indicates that individuals purchasing EVs typically have a median household income of $186,000.
Survey results reveal that approximately one-third of prospective EV buyers dismiss the idea of purchasing an electric vehicle due to insufficient charging infrastructure, despite the majority of car journeys in the US being three miles or less. Even if the Biden administration’s target of 500,000 chargers is achieved, it falls significantly short of the quantity required to facilitate even a modest shift away from environmentally harmful vehicles. Estimates suggest that by 2030, at least 28 million chargers, if not more, will be necessary.
In the United States, the rate of electric vehicle (EV) adoption is increasing almost twice as fast as the growth rate of charger installations, stated Brent Gruber, executive director of JD Power’s electric vehicle practice last year. He emphasized that the demand for charging stations is surpassing the construction of new ones.
Recently, the Environmental Protection Agency disclosed grants totaling nearly $1 billion to substitute diesel-powered school buses with electric and lower-emission vehicles. These funds will be allocated to 280 school districts catering to 7 million children nationwide. The challenge of charging infrastructure has also been notable in endeavors to phase out diesel buses.