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$7.5 Billion in Government Cash Only Built 8 E.V. Chargers in 2.5 Years

Joe Lancaster of Reason reports on government failures to build EV chargers.

The C3 Take
  • Despite the Infrastructure Investment and Jobs Act allocating $7.5 billion to build 500,000 public EV charging stations, only eight have been completed in 2.5 years due to slow federal implementation and extensive regulations and requirements.
  • In contrast, the private sector, led by companies like Tesla and Rivian, has rapidly expanded the public EV charging network, with Tesla building 357 new stations in the fourth quarter of 2023 alone.
  • If the U.S. wants to rapidly expand EV charging infrastructure, it should turn to private sector innovation and leadership.

“While proponents of the federal regulations may defend the amount of red tape involved in the federal program, with demands on where a charging station can be placed and the types of licenses people need to build one, the fact is that the private sector is already building out a nationwide E.V. charging network that will be available to most drivers.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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