Biden’s $7.5 Billion Investment In EV Chargers Has Only Seen 7 Stations Built

  • 📰 Carscoop
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

A Biden administration spokesperson still believes the U.S. could 500,000 EV chargers by 2026

The number of publicly-funded chargers is expected to grow significantly this year States need to submit plans to the administration and solicit bids to construct the chargers The $7.5 billion in funding is enough for approximately 20,000 charging points It’s been over two years since the Biden administration said it would provide $7.5 billion in investments to establish a nationwide EV charging network. It ultimately hopes to have 500,000 charging points in operation.

Atlas Public Policy founder Nick Nigro says some delays are to be expected and believes things will start ramping up this year. “State transportation agencies are the recipients of the money,” he said. “Nearly all of them had no experience deploying electric vehicle charging stations before this law was enacted,” Nigro said. “I expect it to go much faster in 2024.” Chargers must meet new standards. The strict requirements of publicly funded chargers have also delayed their introduction.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 306. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

France and Brazil announce $1.1 billion investment plan for the AmazonThe Brazilian and the French presidents announced on Tuesday a plan to invest 1 billion euros ($1.1 billion) on the Amazon, including its part in neighboring French Guiana.
La source: AP - 🏆 728. / 51 Lire la suite »

BlackRock pushes back after Texas withdraws $8.5 billion investmentBlackRock pushed back on Texas' decision to pull a roughly $8.5 billion investment for its Permanent School Fund from the asset manager over an alleged boycott of oil and gas companies.
La source: FoxBusiness - 🏆 458. / 53 Lire la suite »

Jared Kushner’s $2 Billion Investment From Saudi Arabia: What To Know After Republicans Delay SubpoenaI am reporter based in Brooklyn covering breaking news. I previously covered crime, politics, and local New York City news for Metro and the New York Post. I am a graduate of the University of Pittsburgh and Columbia University.
La source: Forbes - 🏆 394. / 53 Lire la suite »

Texas school fund yanks $8.5 billion investment from BlackRockThe Wall Street titan insists it doesn’t boycott the fossil fuel industry, citing an energy sector investment of $125 billion.
La source: dallasnews - 🏆 18. / 71 Lire la suite »

1500 Robotics Startups Have Raised $90 Billion, But Investment Just CrateredI'm an entrepreneur, founder, and writer. I've raised seed and series A funds, built websites and apps, and written a science fiction novel. After five years of full-time tech journalism (plus founding a research division) at VentureBeat, I started my own consultancy. But since I can't not write, I became a Forbes contributor.
La source: ForbesTech - 🏆 318. / 59 Lire la suite »

India signs a trade accord with 4 European nations for $100 billion investment over 15 yearsIndia has signed a trade agreement with Iceland, Liechtenstein, Norway and Switzerland on Sunday that includes a commitment of $100 billion investment and creating 1 million direct jobs in India in the next 15 years.
La source: AP - 🏆 728. / 51 Lire la suite »