No Electric Vehicle Charging Stations Built Despite $7.5 Billion Investment

Two years after the allocation of funds, the ambitious plan to build 500,000 public charging stations across the U.S. has yet to see a single one operational.

• Despite a $7.5 billion investment in the electric vehicle charging infrastructure in 2021, not a single charging station has been built two years later.
• More than $2 billion has been allocated to states for the construction of new charging stations, but only two states—Ohio and Pennsylvania—have actually broken ground.
• Consumer demand for electric vehicles is rising in the United States, necessitating six times as many chargers on its roads by the end of the decade, according to federal estimates.
• The slow rollout of the charging stations is attributed to the complex set of contracting requirements and minimum operating standards for the federally-funded chargers.
• The Biden administration has mandated that by 2030, half of all vehicles sold in the U.S. must be electric, a goal that will be difficult to achieve without a reliable and extensive charging network.

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