US Administration Allocates USD 623 Million for Nationwide EV Charging Network
The funds aim to facilitate the development of an extensive EV charging network across the country, creating jobs and enhancing accessibility for EV users.
January 19, 2024. By Abha Rustagi
The funds aim to facilitate the development of an extensive EV charging network across the country, creating jobs and enhancing accessibility for EV users.
This initiative aligns with the Biden Administration's commitment to establishing a convenient, affordable, and reliable national network of EV chargers, with a target of at least 500,000 publicly available chargers by 2030.
The grants, made possible by the Bipartisan Infrastructure Law’s USD 2.5 billion Charging and Fueling Infrastructure (CFI) Discretionary Grant Program, will support 47 EV charging and alternative-fueling infrastructure projects in 22 states and Puerto Rico.
Transportation Secretary Pete Buttigieg emphasized the significance of the funding, stating, "This funding will help ensure that EV chargers are accessible, reliable, and convenient for American drivers while creating jobs in charger manufacturing, installation, and maintenance for American workers."
President Biden's leadership has seen a quadrupling of EV sales, a nearly 70 percent growth in publicly available charging ports, and over 4 million EVs on the road. Private companies have responded to the President's investments, announcing more than USD 155 billion in the EV and battery supply chain during the Biden-Harris Administration.
The grants support projects under the Charging and Fueling Infrastructure Program, complementing the National Electric Vehicle Infrastructure (NEVI) formula program. The NEVI program aims to establish a 'backbone' of high-speed EV chargers along the nation's highways.
The Federal Highway Administration is allocating USD 311 million to 36 community projects, including two Indian Tribes in Alaska and Arizona. These projects focus on EV charging and hydrogen fueling infrastructure in urban and rural areas, promoting accessibility at locations such as schools, parks, libraries, and multi-family housing.
An additional USD 312 million is directed towards 11 corridor projects situated along Alternative Fuel Corridors. These projects aim to fill gaps in the core national charging and alternative-fueling network.
Notably, more than 70 percent of the CFI funding announced supports project sites in disadvantaged communities, aligning with President Biden’s Justice40 Initiative.
US Secretary of Energy Jennifer M. Granholm highlighted the administration's commitment to clean transportation, stating, "The Biden-Harris Administration is bringing an accessible, made-in-America charging network into thousands of communities while cutting the carbon pollution that is driving the climate crisis."
The grants cover a diverse range of projects, including the construction of EV charging stations in multi-family housing in New Jersey, the installation of hydrogen fueling stations in Texas, and the development of fast chargers across Washington State and northern Oregon.
To ensure a consistent charging experience, chargers funded by CFI must adhere to the same minimum standards established for NEVI-funded chargers, including being Made in America and complying with strong workforce standards.
The Federal Highway Administration is actively collaborating with the Joint Office of Energy and Transportation to provide technical assistance for planning and implementing the national EV charging network and zero-emission fueling infrastructure.
please contact: contact@energetica-india.net.
Aman Mehtani
Founder & Group CEO
ADM Group Offers Smart, Sustainable Solutions for Global Automotive Industry
Gaurav Dolwani
CEO
From Scrap to Sustainability: LICO Materials’ Circular Economy Approach
Gaurav Kumar
Head of Supply Chain and Manufacturing
Euler Motors Bridges Cost Gap Between EVs and ICE Vehicles with Localization
Shveta Arya
India Region Leader
Powering India’s Mobility Future: Cummins Showcases Advanced Power Solutions at Bharat Mobility
Samkit Shah
Co-Founder
Jitendra EV Leading Hybrid EV Revolution with Hydrix