ICYMI: BIDEN ADMINISTRATION ANNOUNCES NEW STANDARDS FOR NATIONAL EV CHARGING STATIONS FUNDED BY BIPARTISAN INFRASTRUCTURE BILL

In Case You Missed It – The Biden administration announced new details for its plan to build a nationwide network of electric vehicle (EV) charging stations. EVs play a key role in reducing greenhouse gas emissions and slowing climate change due to the transportation sector’s large carbon footprint.

The program is funded by the Bipartisan Infrastructure Law, which includes $7.5 billion to build EV charging stations. The Biden administration is making electric vehicle ownership more convenient and affordable, with a goal of 50% electric vehicle sales by 2030.

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KEY QUOTES:

  • The Biden administration this week proposed new standards for its program to build a national network of 500,000 electric vehicle charging stations by 2030, the latest move in its effort to accelerate the country’s clean energy transition.

  • Electrifying the transportation sector, one of the largest contributors to U.S. greenhouse gas emissions, is critical to mitigating climate change. The administration has touted EVs as more affordable for Americans than gas-powered cars and has set a goal of 50% electric vehicle sales by 2030.

  • Earlier this year, the White House introduced a plan to allocate $5 billion to states to fund EV chargers during the next five years. The plan is part of the bipartisan infrastructure legislation, which includes $7.5 billion to build a national network of EV charging stations.

About Invest in America

Invest In America is a national rapid response operation advocating for robust public investment to rescue the economy from the COVID crisis and create prosperity for the future, and to fight back against fear-mongers who use deficit concerns as a scapegoat to starve American communities and businesses of resources.

The operation consists of two components: Invest in America, the charitable and public education arm, which is a fiscally sponsored project of Economic Security Project funded by the William and Flora Hewlett Foundation and Economic Security Project co-chair Chris Hughes; and Invest in America Action, the advocacy and social welfare arm, which is a fiscally sponsored project of Economic Security Project Action funded by Chris Hughes and the Omidyar Network.

Learn more at InvestInAmericaNow.com and @InvestNowUSA, and InvestinAmericaProject.com.

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