Biden-Harris Administration Advances EV Affordability and Charging Network Expansion

President Biden's administration is unveiling new measures to further promote electric vehicle (EV) adoption and infrastructure development in the United States. Since Biden took office, EV sales have surged, with over four and a half million EVs now on the road. The initiatives are part of Biden's Investing in America agenda and aim to make EV ownership more affordable and convenient.

The Department of Treasury and the Department of Energy are introducing proposed definitions for eligible census tracts, ensuring the availability of the Inflation Reduction Act’s 30C EV charging tax credit to approximately two-thirds of Americans. This credit, offering up to 30% off charger costs, targets low-income communities and non-urban areas, expanding access to EV charging.

Additionally, $325 million in new investments will enhance the reliability and resilience of public chargers, advance EV technologies, and support workforce development for charging deployment and maintenance. The investments follow a recent announcement of $623 million to deploy public charging in communities and fill gaps in the national network.

President Biden's efforts have already attracted over $25 billion in private sector investments for the U.S. EV charging network. The administration's commitment to EV technology has resulted in the establishment of at least 40 U.S.-based EV charger factories, showcasing a thriving domestic manufacturing sector. Despite these achievements, the administration faces opposition from Republicans in Congress seeking to eliminate federal manufacturing standards for EV chargers. President Biden has pledged to veto any such resolution, emphasizing the importance of supporting American workers and maintaining domestic manufacturing standards.