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$7.5 Billion Bipartisan Investment Nets Only 7 EV Charging Stations

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Bipartisan Infrastructure Law Nouvelles

EV Charging,EV,Changing Infrastructure

Despite a $7.5 billion investment allocated by the Bipartisan Infrastructure Law for EV charging infrastructure, only 7 charging stations have been established across four states in two years.

When people gripe about paying taxes and the government being a poor the absolute worst possible capital allocator, this is what they are talking about $7.5 billion in investments for electric vehicles has - in two years - produced just 7 charging stations across four states. The Bipartisan Infrastructure Law, signed by Biden in November 2021, allocated $7.5 billion for EV charging, the Washington Post writes.

has nearly 10,000 fast charging stations, including over 2,000 reliable Tesla Superchargers, but non-Tesla chargers often suffer from poor performance. New Biden administration rules require chargers to be 97% operational, offer 150kW power, and be within one mile of highways. These standards are crucial but slow down progress due to complex rules, permitting challenges, and power demands.

 

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