Biden Administration Allocates $623M for EV Charging Infrastructure
Funding Targets Disadvantaged Communities and Freight Trucks, with California and Texas Receiving the Most Funds
- $623 million in infrastructure funds have been allocated to build electric vehicle (EV) charging stations across 22 states and Puerto Rico, focusing on disadvantaged communities and freight trucks.
- The funding is the second wave from a $7.5 billion pot for EV charging in the 2021 infrastructure law, aiming to alleviate range anxiety and promote the adoption of EVs.
- More than 70% of the 7,500 stations the funding intends to build will be in disadvantaged communities.
- California received the most funds at $268 million, followed by Texas at $100 million.
- Projects to supply medium- and heavy-duty trucks with either hydrogen fuel or high-powered EV charging stations won a big portion of the new funding, at $252 million.