The current administration is backing a plan to support the development of 500,000 EV chargers throughout the US. The goal is to ease range anxiety and speed up charge time. Here’s a quick summary:
- The federal government has allocated 5 billion in spending to go to states to build and install EV chargers, primarily throughout interstate highways.
- The Federal Highway Administration (FHWA) and the National Electric Vehicle Infrastructure program (NEVI) is the gateway for individual states to access this money. States submit their plan of action for review, approval, and disbursement of funding.
- Each charging station must be for public use, allow open-access payment methods, include at least four DCFC plug-in units, work autonomously with all EV brands, and be within 50 miles of another charging station.
- These DCFC chargers (direct circuit, fast charge) are commercial Level 3 EV chargers that must deliver 150kW of power and charge an EV within 15-45 minutes.
Currently, the US has about 46,000 EV chargers and around 150,000 gas stations. The conditions of this plan could pose a challenge for utilities, requiring the enhancement of electrical infrastructure that possibly includes battery storage. Whatever shortfalls, this program is an excellent jumpstart to incentivize private investors.
To learn more, reference the U.S. Dept. of Energy.
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Written by the digital marketing team at Creative Programs & Systems: https://www.cpsmi.com/