Electric Vehicle Agenda Suffers Blow Under Biden

By Daniel Walker | May 25, 2024

Driving range

President Biden has set a goal of installing 500,000 public electric vehicle chargers by 2030 as part of his climate agenda. However, few states have obligated funds from the $5 billion EV infrastructure program.

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Concerns about the driving range of EVs, commonly referred to as “range anxiety,” persist among consumers. The need to enhance battery range and charging efficiency is imperative in overcoming this psychological barrier to EV adoption.

1.2 million chargers

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Experts say 1.2 million chargers will be needed by 2030 to meet climate goals, far more than the current 175,000.