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While there are several anticipated barriers to electric vehicle (EV) adoption, the availability of charging stations remains a major concern for those living outside of densely populated metropolitan areas. Even drivers living in areas with strong charging station infrastructure may have concerns that they will struggle to find charging stations when making interstate trips or long-distance commutes.
To encourage electric vehicle adoption, the Biden administration incorporated the National Electric Vehicle Infrastructure (NEVI) Formula Program into its landmark infrastructure law. Signed into law on November 15, 2021, the program marks a turning point in efforts to make electric vehicles more accessible to Americans across the country.
Has EV charging infrastructure become more robust across the country since then?
What is NEVI?
NEVI is a program designed to give state governments access to $5 billion in EV infrastructure funding over five years, with $1 billion distributed annually from 2022-2026. The funding is specifically earmarked to provide electric vehicle charging stations along various highways and other busy roads across the country.
To receive funding, state governments must first submit plans to expand EV infrastructure. Up to 80% of the project costs can be funded, e.g. B. The procurement, installation and grid connection of charging stations for electric vehicles for data collection and reliable access; the functioning and maintenance of these stations and the sharing of data on them.
How much progress has been made so far?
The NEVI formula program represents a major step forward for EV accessibility, but the program is still in its infancy. The Biden administration has already approved 35 state plans, according to a White House press release dated Sept. 14, 2022. Collectively, these plans will build EV infrastructure on more than 53,000 miles of highways.
As this map from the World Economic Forum shows, densely populated areas have the highest volume of public charging stations. California is the clear leader with a 28.7% share of EV charging stations. The runners-up are New York with 5.8% of the stake, Florida with 5.4%, Texas with 4.6% and Massachusetts with 4.4%. Conversely, the Midwest and large parts of states such as Alabama, Mississippi and Arkansas have sparse electric vehicle infrastructure.
As of November 2022, there are about 140,000 public electric vehicle charging stations nationwide. For comparison: There are about three times as many filling stations as charging stations for electric vehicles.
While there is still work to be done if federal and state officials are to make EV vehicles more viable transportation options for American consumers, the NEVI formula program represents a viable way forward.
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