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'Chargers Everywhere': Biden Maps $174 Billion Path for EV Boom


(Bloomberg)
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Chargers Everywhere : Biden Maps $174 Billion Path for EV Boom Back to video
The U.S. auto industry sees President Joe Biden’s infrastructure package as accelerating a global shift toward electric vehicles, thanks to the $174 billion proposed for charging stations, planned consumer rebates for American-made EVs and a pledge to electrify the government’s fleet.
The proposal, which requires congressional approval, is likely to be targeted by progressives as too little in scope and by Republicans as unfairly using taxpayer funds to help the alternative energy sector while harming others, such as the oil industry. Market researchers, oil-energy advocates and other critics warn that it may not be enough to make a dent in the sale of gas guzzlers in the U.S. any time soon. ....

United States , White House , District Of Columbia , Keith Laing , Donald Trump , Genevieve Cullen , Michelle Krebs , Scott Sklar , Nancy Pelosi , Joe Biden , Tom Pyle , John Bozzella , Katherine Garcia , Debbie Stabenow , Dan Kildee , Senate Majority Leader Chuck Schumer , Ford Motor Co , Toyota Motor Corp , Us Postal Service , Evgo Services , Tesla Inc , Workhorse Group , Sierra Club Clean Transportation For , Nikola Corp , Lordstown Motors Corp , American Energy Alliance ,

Biden maps $174B path for EV boom


The U.S. auto industry sees President Joe Biden’s infrastructure package as accelerating a global shift toward electric vehicles, thanks to the $174 billion proposed for charging stations, planned consumer rebates for American-made EVs and a pledge to electrify the government’s fleet.
The proposal, which requires congressional approval, is likely to be targeted by progressives as too little in scope and by Republicans as unfairly using taxpayer funds to help the alternative energy sector while harming others, such as the oil industry. Market researchers, oil-energy advocates and other critics warn that it may not be enough to make a dent in the sale of gas guzzlers in the U.S. any time soon. ....

United States , White House , District Of Columbia , Donald Trump , Genevieve Cullen , Michelle Krebs , Scott Sklar , Nancy Pelosi , Joe Biden , Tom Pyle , John Bozzella , Katherine Garcia , Debbie Stabenow , Dan Kildee , Senate Majority Leader Chuck Schumer , Ford Motor Co , Toyota Motor Corp , Us Postal Service , Evgo Services , Tesla Inc , Workhorse Group , Sierra Club Clean Transportation For , Nikola Corp , Lordstown Motors Corp , American Energy Alliance , George Washington University Environment Energy Management Institute ,

Biden plan may aid gas-electric shift - The Lima News


Biden plan may aid gas-electric shift
By Keith Laing and Ari Natter - Bloomberg News
A charging cable is plugged into a Volvo electric vehicle Nov. 18, 2020, in a parking bay reserved for electric vehicles in London.
The U.S. auto industry sees President Joe Biden’s infrastructure package as accelerating a global shift toward electric vehicles, thanks to the $174 billion proposed for charging stations, planned consumer rebates for American-made EVs and a pledge to electrify the government’s fleet.
The proposal, which requires congressional approval, is likely to be targeted by progressives as too little in scope and by Republicans as unfairly using taxpayer funds to help the alternative energy sector while harming others, such as the oil industry. Market researchers, oil-energy advocates and other critics warn that it may not be enough to make a dent in the sale of gas guzzlers in the U.S. any time soon. ....

United States , City Of , United Kingdom , White House , District Of Columbia , Donald Trump , Genevieve Cullen , Michelle Krebs , Scott Sklar , Nancy Pelosi , Joe Biden , Tom Pyle , John Bozzella , Katherine Garcia , Debbie Stabenow , Dan Kildee , Senate Majority Leader Chuck Schumer , Ford Motor Co , Toyota Motor Corp , Us Postal Service , Evgo Services , Workhorse Group , Sierra Club Clean Transportation For , Nikola Corp , Lordstown Motors Corp , American Energy Alliance ,