White House Rolls Out $5B Funding Plan for Electric Vehicle Chargers

The Biden administration has rolled out a plan to allocate $5 billion to states to fund electric vehicle chargers over five years, as part of the bipartisan infrastructure package that includes $7.5 billion to build a network of EV charging stations across the U.S., according to a report from CNBC.

The investment is part of the administration’s broader agenda to combat human-caused climate change and advance the clean energy transition and will help states build a network of EV charging stations along designated alternative fuel corridors on the national highway system, the report said.

Click here to read the full story from CNBC.