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US EVs to receive diminished funding

Biden administration may still have options to increase funding pot, including reconciliation

Joe Biden’s $157bn plan to supercharge the US electric vehicle (EV) sector was chopped down severely to $15bn in the final version of the bipartisan infrastructure bill, with federal vehicle fleets and school buses no longer to be electrified and just $7.5bn provided to achieve the administration's target of having 500,000 EV charging points. But the Democrats hope to make more funding available eventually, and some rollout may also happen without government support. “We really see this as a downpayment,” says Alex Laska, transportation adviser at thinktank Third Way Energy in Washington, DC. “If all $7.5bn went to EV charging we could get to 500,000 stations or more, depending on the way i

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