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Sorry, But Joe Biden Can't Build Your EV Charger.

Authors :
Gongloff, Mark
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