The Biden administration has announced a $5 billion plan to help states build half a million EV charging stations by 2030..
The Biden administration has announced a $5 billion plan to help states build half a million EV charging stations by 2030 — five times the current number. The goal is to allow EV owners to find a charging port anywhere within 50 miles of their location across all 50 states, the District of Columbia and Puerto Rico. "It's going to help ensure that America leads the world on electric vehicles," Biden said. The idea is to build on the "Alternative Fuel Corridor" created by 40 states along interstate highways across the country. To oversee the effort, the White House recently unveiled a new agency called the Joint Office of Energy and Transportation. The $5 billion will come from the new National Electric Vehicle Infrastructure (NEVI) Formula Program, which will also distribute an additional $2.5…