{"id":2089828,"date":"2023-11-04T04:20:01","date_gmt":"2023-11-04T08:20:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/where-electric-vehicle-projects-from-the-infrastructure-investment-and-jobs-act-stand\/"},"modified":"2023-11-04T04:26:14","modified_gmt":"2023-11-04T08:26:14","slug":"where-electric-vehicle-projects-from-the-infrastructure-investment-and-jobs-act-stand","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/where-electric-vehicle-projects-from-the-infrastructure-investment-and-jobs-act-stand\/","title":{"rendered":"Status of electric vehicle projects in the Infrastructure Investment and Jobs Act."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fwhere-electric-vehicle-projects-from-the-infrastructure-investment-and-jobs-act-stand%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2089828&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Expanding Electric Vehicles: \u2063A Closer Look at Infrastructure Investments<\/h2>\n<p>Nearly two years after President \u2062Joe Biden signed the\u2062 bipartisan Infrastructure Investment and Jobs Act into law, significant funds have been allocated toward \u2064various infrastructure projects to push an expansion of\u200d electric vehicles.<\/p>\n<p>Also known as \u2062the Bipartisan Infrastructure Law, the legislation couples\u200b with investments from the Inflation \u200cReduction Act, the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/where-electric-vehicle-projects-from-the-infrastructure-investment-and-jobs-act-stand\/\" title=\"Status of electric vehicle projects in the Infrastructure Investment and Jobs Act.\">massive clean energy \u200bbill signed<\/a> into law in August 2022.<\/p>\n<h3>Gavin Newsom Endorses Lateefah Simon in Race \u200bto Fill \u2062Barbara Lee&#8217;s House \u200dSeat<\/h3>\n<p>According to an August \u2063report from \u2063the Environmental Defense Fund, a nonprofit environmental advocacy group, <\/p>\n<blockquote><p>\u201c56% of announced EV investments have occurred in the last 12 months since passage of the IRA and 80% have occurred in\u2064 the last 21 months since passage of \u2063the Bipartisan Infrastructure\u2062 Law.\u201d<\/p><\/blockquote>\n<p>Below is a snapshot of where\u200d these investments stand.<\/p>\n<h3>Charging Infrastructure<\/h3>\n<p>Under the legislation, states were allocated\u200c $7.5 billion to expand EV charging networks across the nation. Funds were expected \u2064to go toward projects that build more stations in cities along highways, and \u200dother public locations, hoping to \u200cplace\u2063 the chargers no more than 50 miles \u2063apart.<\/p>\n<p>The overall funding directs $5 billion to the National\u2064 Electric Vehicle \u2064Infrastructure Formula Program and $2.5 billion to the Charging and Fueling Infrastructure Program.<\/p>\n<p>\u201cTo date, the\u200b Federal\u2063 Highway Administration has made available\u2063 $2.38 billion in \u200dNational Electric Vehicle Infrastructure Formula funding to help all 50\u2063 states, the District of Columbia and Puerto Rico build a national network of EV chargers,\u201d an FHWA official told the Washington Examiner.<\/p>\n<p>NEVI, created under the bill, is overseen by the Department of Transportation and provides grants to state and\u2063 local\u200c governments for\u200d EV infrastructure.<\/p>\n<p>California and Texas have \u2064been issued \u200dthe most funding from the\u2064 national \u2064EV charging infrastructure network. In September 2022, the states \u2063were two of 35 total whose plans were approved to roll \u200dout additional charging stations over 53,000 miles \u2063of highway across the U.S. over \u2062the next five years. From fiscal 2022 through fiscal 2024, California\u2063 has seen $220,231,162 in NEVI funding, while \u200dTexas\u200c is leading with $234,065,268, according to \u2063data from the\u2062 Joint\u2063 Office of Energy and Transportation.<\/p>\n<p>In February, the Biden administration announced that all EV charging stations funded by\u200d the bill must be built\u2062 in the U.S., and by July 2024, at least 55% of the price of all components \u200bmust be manufactured domestically, too.<\/p>\n<h3>Battery Manufacturing<\/h3>\n<p>The law allocated $7 \u200dbillion \u200dfor EV battery components including critical minerals and materials needed to produce the power system.<\/p>\n<p>In October 2022, the Biden administration announced that 20 companies received \u200d$2.8 billion for battery production, supporting domestic manufacturers who need critical minerals that are located in just a handful\u2062 of countries, risking depletion in the states.<\/p>\n<p>In \u2063September, the Department of \u200bEnergy&#8217;s Office of Manufacturing and Energy Supply Chains filed a notice of intent to\u200d provide $3.5 billion in new awards through the bill to expand battery manufacturers and improve domestic supply chains.<\/p>\n<p>\u201cIt is a\u200d priority of the\u2063 Administration to retain and increase good-paying jobs across the entire battery supply chain, including mineral processing, battery manufacturing for vehicles and storage, and \u200drecycling,\u201d the notice from \u2063MESC said.<\/p>\n<p>Enough batteries were made to power 224,700 vehicles in 2021 and increased \u2064to \u2062more \u200dthan a million vehicles in 2022, according to the Environmental Defense Fund\u2019s report. The environmental group predicts by 2027, domestic manufacturing capacity \u2062will increase to more than 12 million vehicles.<\/p>\n<h3>Development in Jobs<\/h3>\n<p>This legislation is estimated to create more than 50,000 jobs connected to electric vehicle \u200bcomponent and assembly plants, with many focused \u200bin California and Michigan.<\/p>\n<p>According to the Environmental Defense Fund, 143,000\u2063 new jobs have\u2063 been created in the last eight years in the electric vehicle sector \u200d\u2014 with 66%, or more than 94,000, \u2064created\u2062 since Biden passed the\u200b legislation.<\/p>\n<p>Among \u200dthe\u200b jobs documented by the \u2063Department\u2062 of Energy, thousands of jobs have been \u2063created in the EV sector, including at \u200dGeneral Motors and the Ford Motor Company. The department\u2064 tracks jobs created\u200b from funds under the Inflation\u2063 Reduction Act \u2064and Infrastructure Investment and Jobs Act. Thousands of EV jobs are focused in Northern\u200c California, varying in companies \u2064such as Tesla and Ryvid.<\/p>\n<p>In April, the Biden administration revealed strict rules to accelerate the country&#8217;s transition to EVs. \u2063In the most ambitious plan, the president outlined his goals of having 100% of medium- and heavy-duty EVs by 2035.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/\">CLICK \u200dHERE TO READ MORE \u2062FROM THE WASHINGTON EXAMINER<\/a><\/p>\n<p> <\/p>\n<h2> How do the investments in \u200bcharging infrastructure, battery manufacturing, and workforce development contribute to a cleaner and\u2062 more\u2063 sustainable transportation system in the U.S.<\/h2>\n<p><span>  Of \u200bsupply.<\/p>\n<p>\u201cThe ability to mass-produce advanced batteries in the \u200cU.S.\u200d is\u200c a matter\u2062 of national security \u200band economic competitiveness,\u201d said Secretary of\u2062 Energy Jennifer Granholm in \u2062a statement.<\/p>\n<p>These investments aim to expand domestic battery manufacturing capability \u200cand reduce reliance on foreign sources. By investing in battery \u200ctechnology, the U.S. can secure a\u200c <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-supply-chain-advisor-is-a-world-economic-forum-climate-change-activist-who-worked-at-hunter-bidens-think-tank\/\" title=\"White House Supply Chain Advisor Is a World Economic Forum Climate Change Activist Who Worked at Hunter Biden\u2019s Think Tank\">sustainable supply chain<\/a>\u200c and maintain a competitive edge in the global EV market.<\/p>\n<h3>Workforce \u200bDevelopment<\/h3>\n<p>The infrastructure bill also focuses on workforce development in\u200d the EV industry. $5 billion\u2064 has been allocated to\u200c support training programs and apprenticeships for\u2062 jobs in\u200c the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/treasury-pushes-for-huge-tax-credits-for-clean-energy-companies\/\" title=\"Treasury advocates substantial tax credits for clean energy firms.\">clean \u2063energy\u200d sector<\/a>.<\/p>\n<p>These funds aim to develop a skilled workforce that \u2064can support the growing EV industry, from manufacturing\u2063 to installation and maintenance of charging infrastructure. The goal is \u200cto create employment opportunities and prepare\u2063 workers for the emerging clean energy economy.<\/p>\n<p>Furthermore, the legislation also includes provisions for\u200d equity \u2063and inclusivity, ensuring that\u200c underrepresented communities have access to the economic benefits and job\u2063 opportunities in the EV\u2062 industry.<\/p>\n<h3>Conclusion<\/h3>\n<p>The bipartisan\u200c infrastructure bill \u200cand the related \u200binvestments have provided a \u200dsignificant boost to the expansion of electric vehicles in the U.S. With\u2064 funding \u2063for charging\u2064 infrastructure, battery manufacturing, and workforce development, the nation \u2064is taking crucial steps towards a cleaner and more sustainable transportation system.<\/p>\n<p>These investments not only bolster the EV industry but also contribute to \u200bnational security, economic competitiveness, and\u2063 environmental goals. As\u2063 more charging stations are built, domestic battery production\u2063 increases, and a \u2063skilled workforce emerges, the U.S. is poised to lead in the global\u200d transition to electric\u2062 vehicles.<\/p>\n<p>Through infrastructure investments,\u2062 the \u200bU.S.\u200c is not only upgrading\u200b its physical transportation network but \u200balso laying the \u2063foundation for\u2062 a greener future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Signed by President Joe Biden nearly two years ago, the bipartisan Infrastructure Investment and Jobs Act has allocated substantial funds for infrastructure projects, particularly aimed at promoting the growth of electric vehicles. This legislation, also referred to as the Bipartisan Infrastructure Law, is complemented by investments from the Inflation Reduction Act, a comprehensive clean energy bill.<\/p>\n","protected":false},"author":1,"featured_media":2089829,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2089828","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2089828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2089828"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2089828\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2089829"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2089828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2089828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2089828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}