President Biden, DOE and DOT Announce $5 Billion for EV Charging Network

The Departments of Energy and Transportation announced that nearly $5 billion will be allocated over 5 years for states to develop charging stations along designated Alternative Fuels Corridors. The funds will be available under the new National Electric Vehicle Infrastructure (NEVI) Formula Program established by President Biden’s Bipartisan Infrastructure Law, to build out a national electric vehicle charging network, an important step towards making electric vehicle (EV) charging accessible to all Americans.

States are required to submit an EV Infrastructure Deployment Plan to the new Joint Office of Energy and Transportation that describes how the state intends to use its share of NEVI Formula Program funds consistent with Federal Highway Administration (FHWA) guidance. The intent is to build on the Alternative Fuel Corridors that nearly every state has designated over the past six years of this program. These corridors will be the spine of the new national EV charging network.

Biden “Buy American” Initiative Includes Government Fleet Electrification

President Joe Biden announced a “Buy American” initiative on Jan. 25, which includes electrification of the federal government fleet. Per the latest Federal Fleet Report, the fleet has over 645,000 vehicles. In 2019, the fleet owned approximately 3,000 battery electric vehicles, less than half a percent of the fleet. The ever-increasing variety of American-made electric vehicles will provide ample opportunity to green the government fleet.