Building a National Network of EV Chargers: Progress and Challenges
The National Electric Vehicle Infrastructure Formula Program (NEVI Program) under the Infrastructure Investment and Jobs Act aims to establish a nationwide network of electric vehicle (EV) charging stations. State departments of transportation are working on plans to administer the $5 billion funding to build 500,000 EV chargers along 75,000 miles of U.S. highways. Key requirements include station placement along approved corridors, proximity to off/exit ramps, non-proprietary charging solutions, and adequate power capacity. As applications are being reviewed and accepted, challenges remain in providing amenities, ensuring convenience for travelers, and accommodating future growth.
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The U.S. Treasury Department recently updated the rules for electric vehicle (EV) tax credits under the 2022 Inflation Reduction Act, stirring up a bit of a storm.