Accelerating EV rollout
US EVs to receive diminished funding
Biden administration may still have options to increase funding pot, including reconciliation
Joe Biden’s $157bn plan to supercharge the US electric vehicle (EV) sector was chopped down severely to $15bn in the final version of the bipartisan infrastructure bill, with federal vehicle fleets and school buses no longer to be electrified and just $7.5bn provided to achieve the administration's target of having 500,000 EV charging points. But the Democrats hope to make more funding available eventually, and some rollout may also happen without government support. “We really see this as a downpayment,” says Alex Laska, transportation adviser at thinktank Third Way Energy in Washington, DC. “If all $7.5bn went to EV charging we could get to 500,000 stations or more, depending on the way it
Also in this section
18 February 2025
Demand for CCS to abate new gas-fired plants is rising as datacentres seek low-carbon power, Frederik Majkut, SVP of industrial decarbonisation, tells Carbon Economist
11 February 2025
Rising prices have added to concerns over CBAM impact on the competitiveness of EU manufacturing
7 February 2025
Norwegian energy company slashes spending on low-carbon sectors as transition decelerates
30 January 2025
The UAE’s oil and gas company puts its faith in technologies including CCS and AI to deliver its emission-reduction goals
