Retailers are worried that government money for EV chargers may mute private investment.
Biden administration earmarked $5 billion for states with EV chargerging infrastructure plans.The Biden administration’s EV infrastructure plan aims to install half a million EV chargers in the coming years.The Biden administration has earmarked $5 billion ready to be disbursed to states with EV charging infrastructure plans in place. States are on board with the shift to EVs and are indeed making plans for charging infrastructure.
Retailers’ main worries have to do with demand charges and the option for regulated utilities to own EV chargers. According to the NACS, the charges need to be reduced or eliminated, and fair competition between regulated utilities and private businesses in EV charging needs to be ensured. One problem with that is that in some parts of the U.S., the distance between fuel stations is quite considerable, which problematizes making an economic case for EV chargers.about this earlier this year, noting states such as Utah, Wyoming, Montana, New Mexico, and Colorado, saying that the lengthy stretches of empty road in these states make the installation of EV chargers more expensive, and in some cases outright impossible.
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