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2024

$7.5 Billion Bipartisan Investment Nets Only 7 EV Charging Stations

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When people gripe about paying taxes and the government being a poor the absolute worst possible capital allocator, this is what they are talking about: $7.5 billion in investments for electric vehicles has - in two years - produced just 7 charging stations across four states.  The Bipartisan Infrastructure Law, signed by Biden in November 2021, allocated $7.5 billion for EV charging, the Washington Post writes. Of this amount, $5 billion went to states as "formula funding" for the National Electric Vehicle Infrastructure program to establish…