The billion-dollar electric vehicle charging station network in the US

Khánh Minh |

With billions of dollars in investment, the Biden administration is building a nationwide network of electric vehicle charging stations.

According to Reuters, the Biden administration has set a goal of developing a nationwide network of electric vehicle charging stations to 500,000, including a high-speed charging system - no more than 80 km apart - on about 120,000 km on the busiest expressways and federal highways in the country.

Charging stations are considered an important part of President Joe Biden's climate policy. Mr. Biden aims to have 50% of cars sold in the US be electric cars by 2030.

All electric vehicle models can connect to a federally funded charging station network and consumers will also benefit from popular payment methods.

The federally funded charging station network will be installed within a 1.6-km range from the corridor for electric vehicles designated by the states.

Reuters has reviewed dozens of state funding applications and discussed more closely with many federal, local and companies involved in the project to get a panoramic view of the new revolution.

Location of the charging system

The state's electric vehicle corridor will include some of the busiest, busiest routes in the country, from Maine to Florida (3.078 km), I-5 from Washington to California (2,209 km) and I-90 from Boston to Seattle (4.833 km).

The most frequently asked questions are where the charging stations will be located, what energy they will use, who will build and install them, what will the driver do while their vehicles are charging...

These concerns could change the fate of companies, cities and related amenities that have a strong impact globally.

No organization guarantees that they will be installed at existing major service stations. Studies conducted by states show that consumers who want to get more convenient services, such as nail salons, changing rooms, baths and dining stalls - have to wait 20 to 40 minutes for a single charge.

A state that is unlikely to find Federally funded charging stations is Wyoming. The state explained to the government that because the state is rural and has little demand, charging stations will not be deployed. Wyoming does not want to set up infrastructure because it could fail, the state added in its plan.

Federal guidelines for the electric vehicle charging station network require certain basic services, such as adequate lighting, toilets and signs.

However, states are also encouraging more options, such as building more restaurants and other services such as barber shops or nail salons.

We want to make it convenient for people through these innovations, said Preeti Choudhary, CEO of the Ohio Transportation Departments Smart Mobility division.

Investing billions of USD

In the first phase, $1.5 billion of the $7.5 billion in charging stations will be transferred to states this year. Companies such as Charge Point, EVgo and Tesla are expected to compete fiercely on financial issues.

Ohio is one of the only states to start looking for a proposal. In many cases, the ungender will have to cooperate with a number of companies to expand the scope of utility services. The state has received 167 nominations for sites from 30 different groups.

Florida, a state far behind California in electric vehicles and high-speed charging stations, said that according to the moderate growth scenario, at least 20% of the state's vehicles are expected to be electric by 2040.

The state of Florida said: Even if the electric vehicle usage rate is moderate, it is still necessary to build a solid charging infrastructure.

In Texas - a state famous for oil - officials also affirmed: "The charging station network will give drivers the confidence and flexibility to move to work, entertainment or simply explore the surrounding area, regardless of distance or weather conditions".

Khánh Minh
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