The Biden administration this week rolled out a plan to allocate $5 billion to states to fund electric vehicle chargers over five years, as part of the bipartisan infrastructure package that includes $7.5 billion to build a sprawling network of EV charging stations across the country.
The investment is part of the administration’s broader agenda to combat human-caused climate change and advance the clean energy transition. The Biden administration has touted EVs as more affordable for Americans than gas-powered cars and has pledged that half the vehicles sold in the U.S. will be electric or plug-in hybrids by 2030.