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DOT and DOE announce nearly $5B over 5 years for new national EV charging network; $615M in FY2022

Green Car Congress

The US Departments of Transportation and Energy announced nearly $5 billion that will be made available under the new National Electric Vehicle Infrastructure (NEVI) Formula Program to build out a national electric vehicle charging network. These corridors will be the backbone of the new national EV charging network. 11,738,801.

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Select the Right EV Charging Management Partner for your NEVI Program Project

Driivz

National Electric Vehicle Infrastructure ( NEVI ) Formula Program funds continuing in waves through 2026, there’s lots of opportunity to land funding for qualifying public EV charging projects. Chargers conform to ISO 15118 -2, -3, and -20 are Plug and Charge capable Charger-to-Charger-Network Communication.

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Electrify Your Fleet Faster With Incentives and Rebates

EV Connect

Here are just a few incentives you can seek out to lower the cost of your transition and offset the costs of installing the necessary charging infrastructure. Alternative Fuel Infrastructure Tax Credit The other major tax incentive applies to companies that install alternative fuel sources including electric vehicle charging stations.

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Inflation Reduction Act – How It Supercharges the Electric Vehicle Industry

EV Match

Department of Energy’s Alternative Fuels Data Center , “The Inflation Reduction Act of 2022 ( Public Law 117-169 ) amends the Qualified Plug-in Electric Drive Motor Vehicle Credit ( IRC 30D ), now known as the Clean Vehicle Credit, and adds a new requirement for final assembly in North America that takes effect on August 16, 2022 ” .