Hyperdrive

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

  • Auto sector sees infrastructure, tax credits helping adoption
  • Critics call Biden EV plan a ‘pipe dream’ over cost and scope
Charging stations in San Mateo, California, U.S.Photographer: David Paul Morris/Bloomberg
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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.