TSLA328.5809.05%
GM87.5800.64%
F13.9800.19%
RIVN16.0000.62%
CYD47.320-1.41%
HMC31.8201.09%
TM190.0902.6%
CVNA70.8502.51%
PAG216.4100.01%
LAD375.6300.55%
AN209.230-2.1%
GPI266.470-4.35%
ABG214.320-1.67%
SAH82.440-2.45%
TSLA328.5809.05%
GM87.5800.64%
F13.9800.19%
RIVN16.0000.62%
CYD47.320-1.41%
HMC31.8201.09%
TM190.0902.6%
CVNA70.8502.51%
PAG216.4100.01%
LAD375.6300.55%
AN209.230-2.1%
GPI266.470-4.35%
ABG214.320-1.67%
SAH82.440-2.45%
TSLA328.5809.05%
GM87.5800.64%
F13.9800.19%
RIVN16.0000.62%
CYD47.320-1.41%
HMC31.8201.09%
TM190.0902.6%
CVNA70.8502.51%
PAG216.4100.01%
LAD375.6300.55%
AN209.230-2.1%
GPI266.470-4.35%
ABG214.320-1.67%
SAH82.440-2.45%

Biden-Harris administration allocates $635M in EV charging grants

These awards will support the increasing adoption of electric vehicles in the U.S. and come just in time before Trump takes office.
Biden-Harris awards $635M in EV charging grants

With less than a week until President-elect Donald Trump assumes office, the Biden-Harris administration awarded $635 million in electric vehicle (EV) charging grants. This push for accelerated infrastructure development comes just ahead of what could be significant policy changes under the incoming administration.

One of the Biden administration’s key goals is to build 500,000 public EV chargers by 2030. Since the start of the Biden presidency in 2021, the number of publicly accessible EV chargers has more than doubled, showcasing rapid progress. However, in anticipation of a likely reversal in policies under the incoming administration, the Biden-Harris administration has been swift in allocating the funds. This ensures that these clean energy initiatives remain intact.

These grants are part of the 2021 Bipartisan Infrastructure Law, which allocated $2.5 billion to the Charging and Fueling Infrastructure (CFI) Discretionary Grant Program, along with a 10% reserve from the $5 billion National Electric Vehicle Infrastructure (NEVI) Formula Program. The Biden administration has positioned these investments as crucial to supporting the transition to cleaner, more sustainable transportation options.

The funding will support 49 individual projects spread across 27 states, four federally recognized tribes, and the District of Columbia. More than 11,500 new EV charging ports will be added, bringing the nation closer to Biden’s ambitious infrastructure goals. This strategic investment aims to ensure a seamless, nationwide charging network that supports the growing adoption of electric vehicles across the U.S.

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