Proposed U.S. Infrastructure Bill Would Fund EV Charging, Electric Buses
June 25, 2021—A proposal for a national $1.2 trillion infrastructure framework would include $15 billion for EV charging stations and electric school and transit buses.
According to a report from Reuters based on a White House fact sheet, the funding would "accomplish the president’s goal of building 500,000 EV chargers" and "electrify thousands of school and transit buses across the country." President Joe Biden had previously proposed $174 billion for electric vehicles, including $100 billion on EV rebates, though the current bipartisan framework did not include that funding.
The current deal also dropped provisions for a per-mile fee on EVs and adjusting the federal gas tax to account for inflation.
Per the report, the fact sheet says the measure could be funded in numerous ways, including "sale of crude from the U.S. Strategic Petroleum Reserve," but an exact estimate was not provided.