The Electric Vehicle (EV) Infrastructure Deployment Plan has been approved for all 50 states, the District of Columbia, and Puerto Rico under the National Electric Vehicle Infrastructure (NEVI) Formula Program, which was created and backed by President Biden’s Bipartisan Infrastructure Law.
Totaling over $1.5 billion to help build EV chargers, all states have access to FY22 and FY23 NEVI formula funding, covering roughly 75,000 miles of freeway countrywide.
The NEVI formula will help construct a convenient, reliable, and affordable EV charging network across the United States, making $5 billion available in the upcoming five years.
United States Transportation Secretary Pete Buttigieg said, “America led the original automotive revolution in the last century, and today, thanks to the historic resources in the President’s Bipartisan Infrastructure Law, we’re poised to lead in the 21st century with Electric Vehicles.”
President Biden aims to ensure that by 2030, half of all new vehicles sold will be zero-emission. Through a powerful network of public chargers, achieving the goal of minimizing our carbon emissions by 50 to 52 percent from 2005 levels by 2030 will be more plausible.
Prior to their approval, State Departments of Transportation (DOTs) had the ability to leverage specialized assistance available through the Joint Office of Energy and Transportation. This enabled them to start employing people and training them in specific activities related to the development of their plans. Now, those DOTs can be reimbursed for their costs and have a wide array of options to use their NEVI formula funding for EV charging projects.
State Electric Company is a leader in the electrification of the nation. Our highly educated and experienced team of professionals uses industry-leading software technology and has partnered with manufacturers to deliver affordable solutions for all your electrical needs. State Electric Co. is also an exclusive distributor for Enel X JuiceBox EV chargers for residential and commercial use. We are fully licensed, insured, and bonded to install charging stations for homes, offices, hotels, and more. With our extensive knowledge in renewable energy, our team provides customers – large or small – with efficient electrical solutions. Contact us today to learn how we can safely and affordably meet your energy needs. Written by the digital marketing team at Creative Programs & Systems: https://www.cpsmi.com/