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Behind the government-backed effort to create a national EV charging network

A Bigger Tax Credit For Going Electric: What It Could Mean For Consumers

A Bigger Tax Credit For Going Electric: What It Could Mean For Consumers
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White House eyes $42B in existing funding for Biden electric vehicle push

Dive Brief: The White House on Thursday released a fact sheet adding detail to President Joe Biden s plan to accelerate the adoption of electric vehicles (EV), including new funding and research partnerships and providing guidance on how existing federal grant programs can be used by states to install charging infrastructure. Biden s American Jobs Plan includes $174 billion for EV investments, including chargers and vehicle purchase incentives. Policy experts say much of that proposed spending will need to be authorized by lawmakers, but on Thursday the administration highlighted more than a dozen programs with $41.9 billion in federal grant funding available now and which could be applied to EV infrastructure buildout.

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