Biden has designated billions of taxpayer dollars to build EV chargers, but lagging market demand and government red tape are getting in the way.
DAILY CALLER
The Biden administration has designated billions of taxpayer dollars to build electric vehicle (EV) chargers, but lagging market demand and government red tape are getting in the way, according to experts who spoke with the Daily Caller News Foundation.
The Federal Highway Administration (FHWA) announced Thursday that it was awarding $150 million to upgrade existing public EV chargers, just one week after announcing another $623 million in subsidies to states to bolster EV charger construction. The grants from the FHWA are part of two EV charger programs established by the Biden administration in the November 2021 Bipartisan Infrastructure Law, the National Electric Vehicle Infrastructure (NEVI) Formula Program and the Charging and Fueling Infrastructure (CFI) Discretionary Grant Program, which were designated collectively $7.5 billion for charger construction and upgrades.
However, there have only two stations have been built due to NEVI as of December, according to the Department of Transportation, with experts telling the DCNF that lack of demand, regulations and union requirements are stalling construction.