On Wednesday, the Biden administration unveiled a brand-new initiative under the Bipartisan Infrastructure Law that intends to increase the infrastructure required to maintain the electricity supply for electric vehicles.

Here are the main takeaways:

• To ensure that “everyone can use the network, regardless of what car you drive or which state you travel in,” the Department of Transportation is preparing to provide the final requirements for EV charging stations.
• According to the Federal Highway Administration (FHWA), “final assembly and all manufacturing procedures for any iron or steel charger enclosures or housing,” including “all EV chargers supported by the Bipartisan Infrastructure Law must be constructed in the U.S.”
• The Department of Energy announced financing of $7,500,000 for seven electric vehicle charging and hydrogen projects in 23 states.

The White House also highlighted many firms’ efforts to increase access to EV chargers, including Tesla’s intention to open at least 7,500 stations in its U.S. Supercharger and Destination Charger network to vehicles other than its own by the end of 2024.

“All EV drivers will be able to utilize the Tesla app or website to access these stations,” the White House stated. In addition, Tesla will more than treble its nationwide network of Superchargers, which will be produced in Buffalo, New York.

Hertz and bp aim to construct a national network of fast-charging stations near “high-demand sites, including as airports” to assist ridesharing and taxi drivers, car rental clients, and the general public.

General Motors, Mercedes-Benz, Volvo Cars, and Starbucks, among others, were enlisted by the White House to extend the EV charging network.

According to the administration, all of these activities promote President Joe Biden’s aim of achieving 50 percent electric vehicle sales by 2030. In 2022, they accounted for almost 10% of total sales.