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This could be pocket change compared to the private money expected to follow into the industry.
Which is why smart investors may be investing their money into the latest hot EV stocks, as Biden prepares to put the proposed $2.5 billion down in his big gamble.
Here are our picks for the top 3 EV-related stocks we re looking at:
1 - Ford (NYSE: F)
Ford recently made headlines with their announcement of their electric truck, the Ford F-150 Lightning.
With the F-150 being the best-selling vehicle in America for 39 years and running, this could be a huge turning point for the EV industry.