The Biden administration on Wednesday announced a new program under the Bipartisan Infrastructure Law that aims to expand the infrastructure needed to keep electric vehicles charged.
Here are some of the biggest takeaways:
The White House also highlighted actions from several companies to help expand access to EV chargers, including Tesla's decision to open at least 7,500 stations in its U.S. Supercharger and Destination Charger network to non-Tesla vehicles by the end of 2024.
"All EV drivers will be able to access these stations using the Tesla app or website," the White House said in a statement. "Additionally, Tesla will more than double its full nationwide network of Superchargers, manufactured in Buffalo, New York."
Hertz and bp, meanwhile, plan to build a national network of fast-charging stations designed to serve rideshare, tax drivers, car rental customers, and the general public near "high-demand locations, such as airports."
The White House also championed efforts by companies such as General Motors, Mercedes-Benz, Volvo Cars, and Starbucks to expand the EV charging network.
The administration said all of these initiatives support President Joe Biden's goal of making electric vehicles 50 percent of all auto sales by 2030. In 2022, they made up about 10 percent of all sales.
A recent survey from DKC shows that Gen Alpha has strong spending power and is actually teaching their parents new ways to be consumers in today's world.
As robots become more prevalent, humans are wondering…what’s next for us? Serve Robotics is focused on creating new opportunities for humans alongside robots.
Just one round of IVF can cost an eye-watering $20,000. Home testing company Proov wants to give users a fuller picture of fertility before pricy interventions.
Kore.AI CEO, Raj Koneru, sits down with Kristen Scholer at the New York Stock Exchange to discuss his company and the future of artificial intelligence.