U.S. to provide $5 billion to help states build network of EV charging stations

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U.S. to provide $5 billion to help states build network of EV charging stations
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Part of President Joe Biden’s $1 trillion bipartisan infrastructure bill, the EV program will distribute the money to qualifying states over a five-year period.

$5 billion investment

Transportation Secretary Pete Buttigieg said disbursements will go only to states with detailed plans on how they’ll spend the money. Nearly 489,000 electric vehicles were purchased in the U.S. last year, slightly more than 3 percent of all cars sold, according to J.D. Power. What could be stunting interest to switch is “range anxiety,” the fear of running out of juice before a driver can get to a charging station.“No matter where you’re headed, you know that you will not have a problem any more than you would worry about being able to find gas when you take a trip on the interstate highway system today,” he said.across the U.

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