Number of Alternative Fueling Stations Nearly Doubles Since 2020; EV Charging Leads the Way
ASA leads panel on new EV laws as alt-fueling stations nearly double since 2020
Last week, ASA’s Washington, D.C. representative, Robert L. Redding, Jr., moderated a panel at the Collision Industry Conference (CIC) in Richmond, VA on the electric vehicle (EV) provisions in the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act (IIJA). Featuring experts from the Federal Highway Administration (FHWA) and Virginia Department of Transportation, the panel’s presentation was timely. The U.S. Department of Transportation’s Bureau of Transportation Statistics announced that the number of alternative fueling stations in the United States has nearly doubled since 2020. There were 70,000 as of April 1, 2023, up from 40,000 on April 1, 2020. EV charging stations comprise 84% of all alternative fueling stations.
Speakers on the panel explained to CIC audience members that the IIJA, which passed in 2021, provides $7.5 billion for EV charging infrastructure. The Biden Administration has set a goal of 500,000 public EV charging stations in the United States by 2030. This infrastructure is critical to achieve another Biden Administration goal that 50% of all new light-duty automobiles sold in the United States in 2030 will be EVs. Tax credits up to $7,500 on EV purchases – intended to boost EV sales – were included in the IRA.
Collision industry professionals left CIC with the understanding that EVs will comprise a significantly greater fraction of all vehicles on the roads in the near future, which could impact collision repair businesses’ operations.