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September 4, 2023
Transportation Electrification Goals Spur New Measures to Foster EV Expansion and Charging Solutions
New policies and programs aim to expand funding and incentives to support EV adoption and address gaps in charging infrastructure deployment.
Federal and state regulators are actively pursuing efforts to promote the use of electric vehicles (EVs) and expand investment in charging infrastructure. Recently, the U.S. Department of Energy (DOE) took a major step…Read the full report
Key Takeaways
- The U.S. Energy Department is offering $15.5 billion in funding and loans focused on retooling existing factories to facilitate the transition to electric vehicles.
- California has opened the application window for a $150 million funding program to support the replacement of aging buses with zero-emission technology.
- New York has reached a milestone of 150,000 passenger EVs on the road and has announced additional funding for incentive and rebate programs to further boost EV adoption.
