Distributed Energy Resources - September 28, 2022
White House Approves EV Deployment Plan
The Biden-Harris Administration announced it has approved Electric Vehicle Infrastructure Deployment Plans for all 50 States, the District of Columbia and Puerto Rico ahead of schedule under the National Electric Vehicle Infrastructure (NEVI) Formula Program, established and funded by President Biden’s Bipartisan Infrastructure Law.
Now all states now have access to all FY22 and FY23 NEVI formula funding, totaling more than $1.5 billion to help build EV chargers covering approximately 75,000 miles of highway across the country.
The NEVI formula funding under the Bipartisan Infrastructure Law, which makes $5 billion available over five years, will help build a convenient, reliable, and affordable EV charging network across the country.
“America led the original automotive revolution in the last century, and today, thanks to the historic resources in the President’s Bipartisan Infrastructure Law, we’re poised to lead in the 21st century with electric vehicles,” said U.S. Transportation Secretary Pete Buttigieg in a statement.
President Biden has set an ambitious goal for half of all new vehicles sold in 2030 to be zero-emission. The statement notes that transitioning America’s cars to EVs is an important pathway to achieving the President’s goal of reducing our emissions by 50-52% below 2005 levels by 2030, and a robust network of public chargers is an important tool to support this transition.
State Departments of Transportation (DOTs) were able to leverage technical assistance available through the Joint Office of Energy and Transportation and begin staffing and activities directly related to the development of their plans prior to approval. Each State, Territory, or District can be reimbursed for those costs and now have a wide range of options to use their NEVI Formula funding for projects directly related to the charging of a vehicle.