A $7.5 Billion Flop? Biden’s EV Charging Plan Is Running On Empty—Especially After Pete B. Does THIS!

By Javier Sanchez | Wednesday, 27 November 2024 11:10 PM
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Image Credit : Fox Business Network

In a bold pledge, President Joe Biden and Secretary of Transportation Pete Buttigieg committed to the construction of 500,000 electric vehicle charging stations across the United States by the year 2030.

However, despite a hefty investment of $7.5 billion, the administration has only managed to erect eight operational stations.

As reported by The Post Millennial, the Bipartisan Infrastructure Law, which President Biden signed into law in November 2021, earmarked $7.5 billion for electric vehicle charging. Of this sum, $5 billion was specifically allocated to the creation of a network of charging stations along major highways, a project known as the National Electric Vehicle Infrastructure program.

Despite the significant financial backing, a mere eight EV charging stations are currently operational, spread across just four states. This stark reality raises questions about the efficiency and effectiveness of the administration's approach to this ambitious project.

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Earlier this year, CBSNews'Face the Nation host Margaret Brennan questioned Buttigieg on the slow progress. She asked, "The Federal Highway Administration says only seven or eight charging stations have been produced with a $7.5 billion investment that taxpayers made back in 2021. Why isn't that happening more quickly?"

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In response, Buttigieg stated, "So the President's goal is to have half a million chargers up by the end of this decade. Now, in order to do a charger, it's more than just plunking a small device into the ground. There's utility work. And this is also really a new category of federal investment. But we've been working with each of the 50 states. Every one of them is getting ... dollars to do this work... Again, by 2030, 500,000 chargers and the very first handful of chargers are now already being physically built."

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However, the Federal Highway Administration reported that only seven operational charging stations with 38 charging spots were in existence at the time of Buttigieg's interview. Furthermore, an analysis by Atlas Public Policy suggested that the funding should have facilitated the creation of 20,000 charging spots or approximately 5,000 stations. The only operational stations are located in Hawaii, New York, Ohio, and Pennsylvania, with additional stations under construction in four other states.

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While twelve states have secured construction contracts, 17 states have yet to submit proposals for the project. This raises further concerns about the administration's ability to meet its ambitious goal, and whether the substantial investment of taxpayer dollars will yield the promised results.

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