Biden Administration Unveils $2.5B Community EV Charging Program -Dlight News

Biden Administration Unveils $2.5B Community EV Charging Program

The Biden administration on Tuesday opened applications for the first round of $2.5 billion in funding for EV charging infrastructure under the Community Grants Program. Bipartisan infrastructure legislation enacted in November 2021 includes $7.5 billion to fund a national EV charging network, with a goal of building 500,000 EV charging stations by 2030. One of the two main funnels for that funding. It will give its $2.5 billion (over five years) to cities, counties, local governments and tribes, according to a Department of Transportation press release. 2023 Cadillac Lyriq at an EVgo DC fast-charging station. CFI program funding is divided into $1.25 billion for a community program deploying EV chargers in publicly accessible locations such as schools, parks and public buildings, and a $1.25 billion corridor program for chargers along alternative fuel corridors designated as regular travel routes. for EVs under a separate program originated in 2015. The initial round of funding includes $700 million through fiscal years 2022 and 2023 for these projects, with additional funding rounds over the planned five-year life of the CFI program. Funding from both the Community and Corridor programs can also be used for hydrogen, propane or natural gas fueling infrastructure. 2023 Toyota bZ4X at EVgo charging station This follows the National Electric Vehicle Infrastructure (NEVI) Formula Program, which allocates $5 billion to states and primarily applies $5 billion of that to highway projects, creating more EV fast charging routes, primarily as alternatives. along the fuel corridor. . The NEVI funding process began last year, with the first plans submitted by states in the summer and all approved, surprisingly, by the end of September. The federal government also outlined rules for qualifying charging sites in September. It has a number of charging networks, including Tesla, competing for some of these funds. Addressing the needs of rural and urban communities may prove more complex and will take a number of novel solutions. For example, convenience stores want to bring EV charging to rural America. And Seoul is closing the urban charging gap with plans to install more than 200,000 chargers over the next four years.

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