Jonathan Lesser writes in The Hill about the folly of EV mandates.
- Despite allocating $7.5 billion for EV charging stations in the Inflation Reduction Act, the federal government has only built eight.
- The Biden administration’s goal is to build 500,000 public EV charging stations by 2030.
- Building sufficient EV infrastructure involves not just installing charging stations, but also upgrading the nation’s electrical grid by adding new transmission lines and replacing millions of transformers, both of which have significant logistical challenges.
- Mandating the adoption of EVs before the market is ready and adequate infrastructure is developed is an expensive and unrealistic policy.
“Perhaps EVs are the future of transportation. If so, consumers will adopt them by choice over time, and the necessary infrastructure will be developed in due course, just as it was for automobiles a century ago. But putting the mandated EV cart before the charging infrastructure horse is a prescription for an expensive policy that is doomed to fail.”
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.