Biden Frees Up First Funds For National EV Charging Network

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Biden Frees Up First Funds For National EV Charging Network
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President Joe Biden announced the first funding towards building a national electric vehicle recharging network in conjunction with his tour of the Detroit Auto Show.

Co. and Stellantis stands on the floor of the show, which returned after a three-year pause due in large part to the Covid-19 pandemic.

Biden continued his tour looking at the 2022 Electric Ford E-Transit utility van, then greeted Stellantis CEO Carlos Tavares. He first walked up on a pedestal to look at the Grand Cherokee then slid into the driver's seat. “The core barriers to EV adoption are affordability, battery life and charging infrastructure and the administration is tackling all of them. Convenient access to charging stations is the foundation. Americans will soon see charging stations getting built with their own eyes, in their own neighborhoods which will build confidence and momentum for going electric,” wrote Painter. “EVs still cost 20%-40% more than their ICE counterpart, so affordability will need to be further contemplated.

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