• 7 hours ago
The Biden administration has allocated $635 million in electric vehicle charger grants just days before Donald Trump takes office. The move leaves $700,000 unspent from the $2.5 billion in the 2021 Bipartisan Infrastructure Law. The grants will fund projects to deploy over 11,000 EV charging ports and alternative fuel infrastructure across twenty-seven states, four tribes, and the District of Columbia. Transportation Secretary Pete Buttigieg stated that EV charger investments aim to make finding a charge as convenient as refueling at a gas station.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02The Biden administration has allocated $635 million in electric vehicle charger grants
00:07just days before Donald Trump takes office. The move leaves $700,000 unspent from the $2.5
00:13billion in the 2021 bipartisan infrastructure law. The grants will fund projects to deploy over
00:1911,000 EV charging ports and alternative fuel infrastructure across 27 states,
00:24four tribes and the District of Columbia. Transportation Secretary Pete Buttigieg stated
00:29that EV charger investments aim to make finding a charge as convenient as refueling at a gas station.

Recommended