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Thursday, February 1, 2024

$960 Million in Funding to Enhance Transportation Electrification, EV Charging, & Battery Innovation

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This month, $960 million in whole funding for initiatives to broaden equitable clear transportation, deploy EV charging infrastructure, speed up EV battery analysis, and enhance the battery provide chain crucial to supporting the following section of widespread EV commercialization had been introduced. Get particulars of the January mission funding picks.

DOE Broadcasts $131 Million to Enhance America’s Battery Provide Chain and Supercharge Electrical Automobile Innovation

On January 18, 2024, DOE introduced greater than $131 million whole for initiatives to advance analysis and improvement (R&D) in electrical car (EV) batteries and charging programs, and funding for a consortium to handle crucial priorities for the following section of wide-scale EV commercialization. DOE introduced 27 initiatives for $71 million in funding for the Automobile Applied sciences Workplace’s (VTO) fiscal yr 2023 R&D mission picks. Study extra about the chosen initiatives. DOE additionally introduced $60 million in funding for a battery analysis consortium for pre-competitive, vehicle-related superior battery R&D that addresses crucial priorities for the following section of wide-scale EV commercialization. Study extra in regards to the battery R&D consortium.

Joint Workplace of Vitality and Transportation Broadcasts Over $46 Million to Improve EV Charging Reliability and Workforce Growth

On January 19, 2024, the Joint Workplace of Vitality and Transportation (JOET) introduced $46.5 million in Bipartisan Infrastructure Legislation funding for 30 initiatives in 16 states and Washington, D.C. to spice up EV charging efficiency, resiliency, and reliability; help equitable entry to wash transportation options; and develop the clear vitality workforce. Study extra in regards to the chosen initiatives on driveelectric.gov.

Development begins on the primary NEVI-funded electrical car charging station. Photograph from Ohio Division of Transportation.

Practically $150 Million In Grant Funding Will Bolster Present U.S. EV Charging Infrastructure 

The Biden-Harris Administration introduced on January 18, 2024 almost $150 million in grants awarded to 24 recipients throughout 20 states to enhance current EV infrastructure. The JOET will help this effort by providing Technical Help to the various recipients of this funding. Extra details about this thrilling announcement, together with the total record of grant recipients, is on the market at driveelectric.gov.

Extra Than $600 Million in New Charging and Fueling Infrastructure (CFI) Funding to Bolster American EV Charging

On January 11, 2024, the Biden-Harris Administration introduced $623 million in grants made doable by the Bipartisan Infrastructure Legislation’s Charging and Fueling Infrastructure (CFI) Discretionary Grant Program. These grants will fund 47 EV charging and alternative-fueling infrastructure initiatives in 22 states and Puerto Rico—together with the development of roughly 7,500 EV charging ports—accelerating President Biden’s purpose of constructing a nationwide community of 500,000 EV chargers. Study extra in regards to the grant recipients on driveelectric.gov.

DOE Broadcasts $32.5 Million in Funding to Advance Transportation Electrification

DOE introduced on January 8, 2024 the collection of 16 initiatives totaling $32.5 million to advance expertise integration in areas crucial to reaching net-zero greenhouse gasoline emissions within the transportation sector. Funded via VTO, the initiatives are anticipated to scale back EV infrastructure gentle prices throughout the county, enhance client familiarity with EVs and their advantages, and display and deploy novel transportation options. Study extra in regards to the chosen initiatives.

Courtesy of U.S. Division of Vitality

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