TSLA422.240-21.06%
GM74.860-2.89%
F13.410-1.07%
RIVN13.790-0.73%
CYD50.000-1.02%
HMC26.1800.51%
TM190.6800.18%
CVNA67.170-2.36%
PAG162.180-6.88%
LAD261.920-12.84%
AN184.150-8.5%
GPI313.620-20.71%
ABG179.170-13.92%
SAH73.960-3.88%
TSLA422.240-21.06%
GM74.860-2.89%
F13.410-1.07%
RIVN13.790-0.73%
CYD50.000-1.02%
HMC26.1800.51%
TM190.6800.18%
CVNA67.170-2.36%
PAG162.180-6.88%
LAD261.920-12.84%
AN184.150-8.5%
GPI313.620-20.71%
ABG179.170-13.92%
SAH73.960-3.88%
TSLA422.240-21.06%
GM74.860-2.89%
F13.410-1.07%
RIVN13.790-0.73%
CYD50.000-1.02%
HMC26.1800.51%
TM190.6800.18%
CVNA67.170-2.36%
PAG162.180-6.88%
LAD261.920-12.84%
AN184.150-8.5%
GPI313.620-20.71%
ABG179.170-13.92%
SAH73.960-3.88%

Biden admin invests $521 million to expand EV charging infrastructure

The announcement comes amid criticism of the Biden administration's handling of a $5 billion EV charging program launched in 2021.
The Biden administration announced a $521 million funding boost to expand EV charging infrastructure, set to deploy over 9,200 charging ports

The Biden administration announced a $521 million funding boost to expand electric vehicle (EV) charging infrastructure, which will see the deployment of over 9,200 new charging ports across the United States. This investment addresses the critical need for enhanced EV charging networks to support the growing adoption of electric vehicles and reduce greenhouse gas emissions.

The funding is divided into two key allocations: $321 million will be directed toward 41 community-based projects to expand EV charging infrastructure, while $200 million will support ten high-speed corridor fast-charging projects. Notable recipients include Milwaukee, which will receive $15 million to install EV chargers at 53 sites, and Atlanta, which will get $11.8 million to establish a DC Fast Charging Hub at its airport. This hub will feature 50 fast chargers serving rental cars, ride-share drivers, and airport shuttles.

The announcement comes amid criticism of the Biden administration’s handling of a $5 billion EV charging program launched in 2021. Critics argue that progress has been sluggish, with only a limited number of charging stations deployed. As of August, the U.S. had 192,000 public charging ports, with a 90% increase in fast-charging ports since the start of the Biden administration. The White House aims to establish a network of 500,000 chargers, including high-speed chargers positioned no more than 50 miles apart on significant highways.

Senator Jeff Merkley has expressed frustration with the slow pace, calling it a “vast administrative failure” and demanding improvements. The Federal Highway Administration (FHWA) has acknowledged the delays and is working with states to accelerate the deployment process. Meanwhile, Republican presidential candidate Donald Trump has also criticized the administration’s progress on EV charging infrastructure.

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