States Lag Behind on Implementing EV Charging Stations
Vehicle manufacturers are ramping up production of electric vehicles (EVs), with some companies, such as General Motors, promising an all-electric fleet as soon as 2035. However, efforts to build a national network of EV charging stations are slow-moving, even with investment from the federal government.
States already received $424 million that can be used for EV charging stations as part of a $2.8 billion settlement from Volkswagen for emissions testing violations. However, according to the Wall Street Journal, states have only used about 48% of that money today, four years later.
The Biden Administration has allocated $7.5 billion to states for EV charging stations as part of the Infrastructure Investment and Jobs Act. In order to match the level of EV manufacturing, states will need to use this money to install a significant number of charging stations to match the increased demand.
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