LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Biden-Harris Administration allocates $100 million to repair and replace existing EV chargers

Robert Frost by Robert Frost
September 13, 2023
in Industries
Biden-Harris Administration allocates 0 million to repair and replace existing EV chargers
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Today, the Biden-Harris Administration has announced an additional $100 million in federal funding to repair and replace any and all existing but nonoperational EV chargers in the US. The new accelerator program is accepting applications now and aims to expedite EV adoption while creating thousands more new jobs in the industry.

EV adoption and sustainability have remained a staple in President Biden’s ongoing legacy that began as a vow during his candidacy. In their three-plus years in the White House, the Biden-Harris Administration has enacted the Inflation Reduction Act, revamping Federal tax credits for US consumers in favor of local EV supply chains and production.

You might also like

This electric pickup is taking Korea by storm, now it’s going global on a ‘full-scale conquest’

Republic Airways to evaluate an electric aircraft from BETA Technologies for regional flights

EcoFlow DELTA 2 Max bundle with 500W panel $1,405, Bluetti AC180P station at new exclusive $461 low, Aiper, EGO, Greenworks, more

We also have seen a huge investment in renewable energy like wind and solar, and billions allocated toward bringing EV battery production out of China and onto US soil. Currently, the US is using $13 billion in Federal funding to help bolster the nation’s electrical grid, preparing for the paradigm shift toward electrification that is already underway.

To complement this shift, the White House and Congress, alongside the Federal Highway Administration, have enacted the National Electric Vehicle Infrastructure (NEVI) Formula Program, offering up to $5 billion to States to deploy EV infrastructure.

But what about those existing chargers that are perhaps already dated or are currently out of commission? Today, the White House has presented a solution that should afford technicians to repair virtually all nonoperational EV chargers in the country.

Electrify America pricing

US to repair chargers, make EV network more reliable

According to a press release from the Federal Highway Administration (FHWA) today, the Biden-Harris Administration has opened applications for what is being called the Electric Vehicle Charger Reliability and Accessibility Accelerator.

The US DOT cites the NEVI program and states that this latest $100 million will come out of its first round of funding in order to repair and replace existing EV chargers while the government and private sector work to bolster the US network with brand new charging stations.

According to the US Department of Energy’s Alternative Fuels Data Center, 4.1% (6,261) of public charging ports are temporarily unavailable as of September 11, 2023. Based on estimates utilizing such data, the FHWA anticipates that today’s announcement of $100 million will be able to cover the costs to repair or replace virtually all eligible EV chargers through the program’s “streamlined application process.”

The FHWA also said the new program will be extended to both publicly and privately owned chargers as long as those private piles are still available to the public without restriction. US Transportation Secretary Pete Buttigieg spoke to today’s funding announcement:

Under President Biden’s leadership, America is leading the electric vehicle revolution. This funding represents the latest step toward building a convenient, affordable, reliable charging network that reaches every corner of our nation.

Applications for the new program to repair EV chargers are now open and will remain so through November 13, 2023.

FTC: We use income earning auto affiliate links. More.



Source link

Share30Tweet19
Previous Post

47% of Americans say achieving retirement security will take a miracle. Why inflation is to blame

Next Post

Google to allow NFT game ads, metaverse ‘hot’ in Asia: Nifty Newsletter

Robert Frost

Robert Frost

Jutawantoto Jutawantoto Jutawantoto Jutawantoto Berita Terbaru Hari

Recommended For You

This electric pickup is taking Korea by storm, now it’s going global on a ‘full-scale conquest’
Industries

This electric pickup is taking Korea by storm, now it’s going global on a ‘full-scale conquest’

June 16, 2025
Republic Airways to evaluate an electric aircraft from BETA Technologies for regional flights
Industries

Republic Airways to evaluate an electric aircraft from BETA Technologies for regional flights

June 16, 2025
EcoFlow DELTA 2 Max bundle with 500W panel ,405, Bluetti AC180P station at new exclusive 1 low, Aiper, EGO, Greenworks, more
Industries

EcoFlow DELTA 2 Max bundle with 500W panel $1,405, Bluetti AC180P station at new exclusive $461 low, Aiper, EGO, Greenworks, more

June 16, 2025
Justin Sun’s Tron to go public through reverse merger in deal led by Trump-linked bank
Industries

Justin Sun’s Tron to go public through reverse merger in deal led by Trump-linked bank

June 16, 2025
Next Post
Google to allow NFT game ads, metaverse ‘hot’ in Asia: Nifty Newsletter

Google to allow NFT game ads, metaverse ‘hot’ in Asia: Nifty Newsletter

Related News

Spain vs England: Euro 2024 final prediction, kick-off time, team news, odds, h2h

Spain vs England: Euro 2024 final prediction, kick-off time, team news, odds, h2h

July 13, 2024
DLUHC slammed for failing to invest £1.9bn of budget as ‘nothing to spend it on’ – London Wallet

DLUHC slammed for failing to invest £1.9bn of budget as ‘nothing to spend it on’ – London Wallet

July 13, 2023
What will Bitcoin price be if gold hits K?

What will Bitcoin price be if gold hits $5K?

May 5, 2025

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • jutawantoto
  • lingtogel77
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?