The Bipartisan Infrastructure Law – Investments in Electric Vehicle Charging Infrastructure
The Infrastructure Investments and Jobs Act (IIJA), enacted on November 15, 2021, brings new opportunities for states and local government units to invest in electric vehicle charging infrastructure. The new $5 billion National Electric Vehicle Infrastructure (NEVI) Formula Program was established. The program provides funding to States to help with the strategic deployment of a national network of 500,000 EV charging stations by 2030. Funds are being distributed to the States on a formula basis.
Click here for full PDF: The Bipartisan Infrastructure Law – Investments in Electric Vehicle Charging Infrastructure
The law also establishes a discretionary grant program for Charging and Fueling Infrastructure (Charging and Fueling Infrastructure Program) to deploy publicly accessible EV infrastructure throughout the country, including rural and underserved communities, at locations that are accessible to all. There will be a high interest in using these funding opportunities to promote equity via these programs.