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Ocasio-Cortez Offers Long-Shot Charging Measure; Tesla Rises
- Proposal backed by Levin seeks charging network in 5 years
- Tesla shares rise on plan in wild week for Musk’s carmaker
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The Democratic congresswoman who pushed the Green New Deal to prominence aims to build a national network of high-speed chargers for electric cars under legislation unveiled on Thursday. Tesla Inc. shares rose.
Representatives Alexandria Ocasio-Cortez of New York and Andy Levin, a Michigan Democrat, said the bill -- dubbed the EV Freedom Act -- would establish a network of chargers along public highways within five years. The measure is unlikely to pass in an election year with Republicans controlling the Senate.