The White House approved $5 billion in infrastructure spending to expand the electric network, but some remain skeptical the money will go where it's most needed.
The Biden administration and Departments of Transportation and Energy have$5 billion of investment from the president’s infrastructure bill to build out the national EV charging network.
The National Electric Vehicle Infrastructure Formula Program will make some funds available after states submit a development plan for how they plan to use the funds, but the Honorable , director of Life:Powered at the Texas Public Policy Foundation, told FOX Business that the money will end up where it’s not needed.Tesla automobile plugged in and charging a Supercharger rapid battery charging station for the electric vehicle company Tesla Motors, in the Silicon Valley town of Mountain View, California, August 24, 2016.
The government has pushed for car companies to pursue EVs and consumers to buy them, which is going to add stress to the systems as states push to rapidly expand capabilities to handle the greater demand that will result from it. Isaac believes the money will mostly end up in larger states, like New York and California, rather than the states where the manufacture of EVs occurs.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why A Morning Walk Can Boost Your Energy | Well+GoodHere, an registered dietitian shares the unexpected way that a morning walk can boost your energy for the rest of the day.
Read more »
NuStar Energy selling Canadian storage terminal for $60MSince late 2020, the San Antonio-based company has sold more than a third of its storage...
Read more »
EXCLUSIVE U.S. oil producer EP Energy seeks to save deal from regulator -sourcesEP Energy is exploring a sale of oil-producing acreage in Utah it hopes will avert a challenge from a U.S. antitrust regulator to its agreed $1.5 billion takeover by private equity firm EnCap Investments LP, people familiar with the matter said.
Read more »
Anger and confusion continued months after CPS Energy issued winter storm bill creditsInternal CPS Energy documents obtained by the KSAT 12 Defenders show that customer anger and confusion over winter storm bill credits persisted months after the credits were issued last year.
Read more »
Renewable energy firm moves headquarters to Houston, plans hip office in the HeightsRenewable energy firm Archea Energy moves headquarters to Houston, plans hip office in the Heights
Read more »