Biden launches $5 billion plan to shore up national EV charging network
The Biden administration announced a five-year $5 billion plan to shore up the nation’s patchy electric vehicle charging network, tapping into funds that were approved as part of the bipartisan infrastructure law signed last year.
The funds represent a broader effort by President Biden’s administration to reduce carbon emissions and fight human-caused climate change. Despite a rise in EV sales over the last few years, at least 25 percent of all carbon emissions come from the transportation sector, most of which is represented by tailpipe emissions.
Congress approved $7.5 billion for EV charging infrastructure as part of the bipartisan infrastructure law, $5 billion of which will be available to states to create a “network of EV...