fbpx
Tuesday, 25 January 2022 10:58

National EV Charging Initiative Holds Summit to Discuss Future of Charging Stations

Index

Share This:

 

The National EV Charging Initiative, launched in August to guide the deployment of a national charging ecosystem, held the National EV Charging Summit in January.

The summit featured a variety of stakeholders, including automakers, power providers, electric vehicle and charging industry leaders, and labor and public interest groups.

 

During the summit, panelists discussed the future of electric vehicle charging, the Bipartisan Infrastructure Law and the deployment of electric vehicles. 

 

The Bipartisan Infrastructure Law, passed in 2021, provides the largest investment to date in electric vehicle infrastructure. This legislation allocates $7.5 billion in funding for the construction of a national network of 500,000 new electric vehicle charging stations. The money is split into $5 billion in funding for states and $2.5 billion in grants for communities and corridors to establish electric vehicle charging stations, especially in underserved and rural communities. 

 

One of the speakers at the summit was Jigar Shah, director of the Loan Programs Office at the U.S. Department of Energy. During his panel, Shah said public money, rather than being the sole source of money for EV charging stations, should become a “catalyst” that proves the business model to support robust private and utility investment. 

 

Other summit participants spoke to this point as well, emphasizing the opportunity electric vehicle charging stations present as a profitable industry for private investment. 

 

“It’s important that independent automotive repair shops be included in the conversation about EV infrastructure,” said Fred Hules Jr., chairman of the Automotive Service Association (ASA). “In addition to accessibility of EV charging stations, shops must have access to training, data and the tools necessary for the repair of these vehicles. ASA is focused on our members being prepared as the U.S. vehicle fleet transitions to EVs and other technologies.”

 

In addition to the $7.5 billion in funding, the Bipartisan Infrastructure Law also authorized the creation of...


Previous Page Continue reading »