The Biden administration is set to release a federal strategy Monday to implement an ambitious plan to build 500,000 charging stations for electric vehicles across the country and ultimately transform the U.S. auto industry.
The $1 trillion infrastructure law President Joe Biden signed last month authorizes the charging stations and sets aside $5 billion for states, with a goal to build a national charging network. The law also provides an additional $2.5 billion for local grants to support charging stations in rural areas and in disadvantaged communities.
