Electric vehicle charging

Biden on building electric vehicle charging stations

From CNN’s Ella Nilsen 

Speaking about his administration’s goal to create more clean energy jobs, Biden said IBEW workers were at work “installing 500,000 charging stations all across America” to power electric vehicles.

Facts First: This is more of a promise than a fact, but even so, it needs context. For a few reasons, it’s questionable whether the Biden administration will be able to meet its goal of installing 500,000 electric vehicle charging stations on US roads.

Installing 500,000 electric vehicle charging stations has long been one of Biden’s goals. The president initially proposed Congress spend $15 billion to make it a reality, but just half of that – $7.5 billion – passed as part of the 2021 bipartisan infrastructure law. The latest data from the Department of Energy shows the United States is still a long way from that goal; there are currently more than 180,000 EV charging ports operating at over 66,000 station locations around the US.

Though the administration has said that could be backfilled by private investment, that change in funding could hinder the administration’s ability to meet the goal. The federal government has spent the last few years sending money to states; states can now unlock more than $900 million in funding for fiscal years 2022 and 2023, which the administration estimated will “help build” chargers across approximately 53,000 miles of US highways.

Over the next five years, the full $5 billion will be spent to build out a network of EV chargers on major highways. Another pot of $2.5 billion in grant funding is also available for states to apply to; in January, $623 million in grant funding went out the door to help counties, cities and tribes around the nation install new charging stations for electric vehicles and long-haul freight trucks.

But it’s been slow going. States are still in the process of selecting companies to actually build the charging stations, meaning it could still take months or even years to fully see the impact of the money around the nation.

There is also a wide range in how much different types of chargers cost, and individual states have a lot of leeway in deciding what kinds of chargers will go on their roads. DC fast chargers can charge a car to mostly full in 20 minutes to an hour and are meant to go on major highways and roads. Another kind of charger known as an L2 charger can take hours to charge a car to full. But DC fast chargers are much more expensive, costing around $100,000 compared to around $6,000 for an L2, Ellen Hughes-Cromwick, a senior resident fellow at the think tank Third Way, has told CNN.