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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

JULY 21, 2016

During past eight years the number of plug-in electric vehicle models has increased from one to more than 20, battery costs have decreased 70%, and the number of electric vehicle charging stations has increased from less than 500 in 2008 to more than 16,000 today—a 40-fold increase. Electric vehicle coalition.

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Obama Charging Financing DC 150
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DOE announces more than $65M in public and private funding to commercialize promising energy technologies

Green Car Congress

JUNE 26, 2021

The TCF was created by the Energy Policy Act of 2005 to help catalyze the agency’s research, development, demonstration, and deployment efforts into affordable, market-ready energy solutions, by strengthening partnerships between DOE’s National Labs and American entrepreneurs. Array Technologies (Albuquerque, New Mexico).

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