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What are the investment opportunities in the Alternative Fuel Corridor Program?

Setec Powerr

As more and more major highways are designated as Alternative Fuel Corridors, while electric vehicle charging networks are being accelerated with funding stimulated by bipartisan infrastructure laws. Alternative Fuel Corridor. Impacts and Benefits to Existing Fuel Retailers.

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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. Puerto Rico. NEVI Formula Program. 11,738,801. 11,320,762. California. 56,789,406.

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See the Latest on NEVI 2023

EV Connect

The ambitious program aims to ensure that EV drivers have access to fast charging along the most frequently-traveled routes, which stretch for 75,000 miles along the nation’s Alternative Fuel Corridors (AFCs). Under the NEVI program, all states (as well as the District of Columbia and Puerto Rico) have access to NEVI formula funding.

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50 U.S. states submit EV infrastructure plans for Biden Administration’s $5B fund

Teslarati

Departments of Transportation and Energy (Joint Office) announced that all 50 states, the District of Columbia, and Puerto Rico submitted EV infrastructure deployment plans for President Biden’s $5 billion fund. Once approved, state departments of transportation can deploy EV charging infrastructure with the funds available. “We

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Biden Administration opens applications for $2.5B program funding the growth of EV charging infrastructure

Teslarati

billion program, funding the expansion of battery electric vehicle charging stations and alternative fuel infrastructure in the United States. Department of Transportation is the “Charging and Fueling Infrastructure (CFI) Discretionary Grant Program. Transportation Secretary Pete Buttigieg.

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Where to Start with EV Charging for Convenience Stores & Truck Stops

Blink Charging

To help facilitate this goal, the Department of Transportation is building a network of 500,000 EV chargers to connect the country along its network of interstate highways by 2030. Not located in a designated AFC? The US federal government wants at least 50% of new vehicle sales in the US to be electric by 2030.

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Three Major Sources of Funding for EV Charging at Convenience Stores and Truck Stops

Blink Charging

. $5 billion is allocated for the NEVI program, which will be used by the states for the establishment of an interconnected national network of direct current fast chargers (DCFCs) along designated Alternative Fuel Corridors. Eligible funding amounts : Projects located in alternative fuel corridors: $1,000,000 – no maximum.

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