U.S. to invest $325 million into EV charger reliability and

lowering cost

The U.S. Departments of Transportation and Energy have announced $325 million in new investments going toward improving electric vehicle (EV) charger reliability and cutting costs in the industry.

In a press release shared on Friday, the White House announced three programs to repair and replace existing, non-operational chargers across the country, to reduce costs for deploying charging in underserved communities, and to cut battery costs. Part of the funding includes almost $149 million in grants dedicated to fixing non-working charging equipment, expected to help bring 4,500 broken public chargers back into operation.

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• Good news! Thanks for sharing! -xeeyaa- ♀ (0 bytes) () 01/22/2024 postreply 11:57:18