[Washington Examiner] The Biden administration heavily pushed electric vehicle adoption and incentives this year, but some reports have sounded the alarm on a slowing demand as customers are hesitant to make the transition to a greener alternative.
Potential EV buyers often cite high costs and the lack of charging stations coupled with range anxiety as reasons not to make the switch.
According to a recent survey by S&P Global Mobility, 44% of respondents were concerned about the availability of charging stations.
President Joe Biden and the agencies focused on quickening the EV transition are working to ease those fears and build up the nation’s charging infrastructure.
Under the Bipartisan Infrastructure Law, states were allocated $7.5 billion to expand EV charging networks across the United States. Funds are expected to go toward projects that build more stations in cities, along highways, and in other public locations, hoping to place the chargers no more than 50 miles apart.
A Federal Highway Administration spokesperson told the Washington Examiner the agency has made $2.4 billion from the National Electric Vehicle Infrastructure, or NEVI, Formula Program available to all 50 states and the District of Columbia and Puerto Rico.
As of December, 11 contracts through the NEVI program have been awarded to states, including Colorado, Alaska, Hawaii, Kentucky, Maine, New York, Ohio, Pennsylvania, Rhode Island, Utah, and Vermont.
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