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US Unlocks $5B for EV Charging Points After Court Ruling

The US is finally rolling out $5 billion for EV charging points. A federal court's ruling cleared the way, and states are now accessing their shares.

This is a presentation and here we can see vehicles on the road and we can see some text written.
This is a presentation and here we can see vehicles on the road and we can see some text written.

US Unlocks $5B for EV Charging Points After Court Ruling

Electric vehicle (EV) drivers will soon have more charging points across the United States. The federal government has unlocked $5 billion for EV charger installations, following a federal court's ruling against the Trump administration's attempt to halt the program.

In June 2022, a federal court ruled that President Trump's freeze on the EV charger funding was illegal. This decision cleared the way for the Biden administration to release the $5 billion for states to build a nationwide network of charging stations.

Over 40 states, including Texas and Montana, are now accessing their shares of the funding. At least 32 states have received approval from Washington, with California, New York, and Colorado among the first to release their portions. The program's survival reflects the growing number of EVs expected on the road in the coming years.

The administration did not appeal the federal court's decision, allowing the program to proceed. This comes as the $7,500 federal tax credit for EVs officially ended on Wednesday, potentially making charging infrastructure even more crucial for EV adoption.

With the federal court's ruling and the administration's decision not to appeal, the EV charger funding program is moving forward. States are unlocking their shares, paving the way for a nationwide network of charging stations. This development aligns with the increasing number of electric vehicles expected on US roads in the coming years.

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