While Electric Vehicles Proliferate, Charging Stations Lag Behind

While Electric Vehicles Proliferate, Charging Stations Lag Behind

May 30, 2022 by Wallt Street Journal

Key Facts

  • THE WHITE HOUSE PREPARES TO GIVE STATES MORE MONEY TO DEVELOP EV CHARGERS, BUT MANY STILL HAVEN’T USED THEIR PAST FUNDING U.S. efforts to build a national network of electric vehicle charging stations are moving slowly as states figure out how to fairly dole out public funding to kick-start a new service industry.
  • As the Biden administration prepares to give states $7.5 billion for new charging stations, a similar recent effort suggests a difficult path is ahead.
  • States received $424 million that could be used for charging stations as part of a $2.8 billion settlement by Volkswagen AG VOW 4.16%?
  • So far, more than four years later, they have spent about 48% of those charging dollars.

Click To Read Full Article


This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2021 Kwhen Inc.

Was this content valuable for you?