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EV rollout requires huge investments
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EV rollout will require huge investments in strained U S power grids
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EV rollout will require huge investments in strained U S power grids
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(Reuters) - During several days of brutal cold in Texas, the city of Austin saw its fleet of 12 new electric buses rendered inoperative by a statewide power outage. That problem will be magnified next year, when officials plan to start purchasing electric-powered vehicles exclusively.
FILE PHOTO: An electric car charging station is seen at the Regeneron Pharmaceuticals company s Westchester campus in Tarrytown, New York, U.S. September 17, 2020. Picture taken September 17, 2020. REUTERS/Brendan McDermid/File Photo
The city’s transit agency has budgeted $650 million over 20 years for electric buses and a charging facility for 187 such vehicles. But officials are still trying to solve the dilemma of power interruptions like the Texas freeze.