Grants from the EVC-RAA (“Electric Vehicle Charger Reliability and Accessibility”) program will go to 24 recipients in 20 states and will be used to upgrade 4,500 existing charging ports. According to the Federal Highway Administration (FHWA), the $150 million allocated is part of a new NEVI subprogram. In a little while.
First to the US capital Washington DC, where the implementation phase of the project has just begun. An example of a financing approach is the development of a charging station: according to the Joint Office of Energy and Transportation, the device is out of service and can independently charge a vehicle with a maximum capacity of 50 kW. Thanks to a grant from the EVC-RAA program, the charging station will be upgraded so that at least 150 kW of each vehicle can be charged simultaneously.
The new “targeted investments” add to tens of billions of dollars pledged by the federal government and the private sector to build a national electric vehicle charging network in the United States. Improving existing charging infrastructure is intended to contribute to the goal of bringing online at least 500,000 public charging stations for electric vehicles in the United States by the end of the decade. This score is basically achieved through two programs: NEVI and CFI. While the NEVI program focuses on fast charging stations on highways, the CFI program focuses on building charging stations and alternative fuel infrastructure (hydrogen and gas) in cities and rural areas, especially in disadvantaged and disadvantaged communities.
The final requirements for the National Electric Vehicle Infrastructure (NEVI) Formula Program were set in February 2023, with a budget of five billion US dollars to be invested in developing charging infrastructure as intelligently as possible. The $2.5 billion CFI program recently released the $623 million authorized last March, after the first $700 million for the 2022 and 2023 fiscal years.
The CFI program's total budget of $2.5 billion is divided equally into two main areas: The “Community Program” grants subsidies for charging stations, hydrogen, propane or natural gas tank infrastructure in communities that arise on public or semi-public land. The “corridor program” promotes charging stations, hydrogen, propane or natural gas refueling infrastructure along “designated corridors for alternative fuels.”
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