Biden’s $1.2 trillion infrastructure bill passes US House with billions for EV sector (CNET)

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    Biden’s $1.2 trillion infrastructure bill passes US House with billions for EV sector – By Sean Szymkowski (CNET) / Nov 6 2021

    The bill includes billions of dollars to repair roads, invest in clean energy and build a nationwide network of EV charging stations.

    The US House of Representatives passed a $1.2 trillion bipartisan infrastructure bill Friday night, earmarking billions of dollars for electric vehicles and clean energy and handing President Joe Biden a win after months of negotiations among Democrats. The bill passed the Senate in August and now heads to Biden’s desk to be signed into law.

    The bill sets aside $7.5 billion to create a nationwide network of EV charging stations and expedite the adoption of electric cars this decade. Another $65 billion will fund an investment in clean energy and renewables for the nation’s electricity grid, and promises to create a more resilient system. Funds will also funnel to various clean energy technology projects.

    In a statement, Biden called the bill “a once-in-generation bipartisan infrastructure bill that will create millions of jobs, turn the climate crisis into an opportunity, and put us on a path to win the economic competition for the 21st Century.”

    CONTINUE > https://www.cnet.com/roadshow/news/biden-bipartisan-infrastructure-bill-ev-charging-us-house/

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