Biden floats $1.3 billion to build EV chargers

By David Ferris | 05/31/2024 06:26 AM EDT

The funds are from the bipartisan infrastructure law, which calls for creating a backbone of plug-in stations.

An electric vehicle is charged in Niles, Illinois.

An electric vehicle is charged in Niles, Illinois. Scott Olson/AFP via Getty Images

The Biden administration announced Thursday that $1.3 billion in funds from the 2021 bipartisan infrastructure law would support expanding the electric vehicle charging network beyond the highway and closer to where people live.

The money will go to install plug-in spots at a wide variety of locations: apartment buildings “and destinations where vehicles are parked,” including depots where fleet vehicles spend the night, according to a statement from the Joint Office of Energy and Transportation. The administration said it was opening applications for the grants.

The funds are the most recent installment of a key part of the infrastructure law, which allocated $7.5 billion to create a backbone of plug-in stations to serve EVs.

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Until now, the federal government’s EV charging investments have run on two distinct tracks operated by the Federal Highway Administration (FHWA).

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