The Biden administration is giving $623 million in grants to create electric vehicle charging points in the United States as part of President Joe Biden’s effort to steer drivers away from gas-powered vehicles.
While EV sales have grown in recent years, accounting for 9% of all passenger vehicle sales in 2023, the funding comes after a gradual decrease in demand from consumers, with General Motors, Ford, and Tesla cutting back on their investments, the Guardian reported. Transportation Secretary Pete Buttigieg praised the investment on Thursday.
Stay informed.Stay ahead.
Join Washington Examiner for unlimited access to the news, analysis, and commentary that matter most.
See Options
Already a member? Log in
Already a print subscriber? Click here to login/register your account
