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Sorry, But Joe Biden Can't Build Your EV Charger.
- Source :
- Bloomberg Opinion; 4/4/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- President Joe Biden's plan to build 500,000 electric vehicle (EV) chargers across the US by 2030 has faced significant challenges, with only seven chargers currently operational. Building a nationwide EV charging network is complex and costly, as it requires ensuring compatibility with different EV models and meeting high standards of reliability and user-friendliness. Additionally, the majority of chargers will be on private property, with only a small number being public fast chargers. Therefore, the most effective approach may be to incentivize the installation of private chargers through tax breaks and subsidies, as has been done in China. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg Opinion
- Publication Type :
- Periodical
- Accession number :
- 176430809