California Secures $379M to Enhance EV Charging Infrastructure
A U.S. District Court for the Western District of Washington has issued a final ruling against the Trump Administration in a multistate lawsuit concerning the withholding of funds designated for electric vehicle charging infrastructure. This decision marks a significant victory for states advocating for the expansion of electric vehicle (EV) resources.
The U.S. Federal Highway Administration has now approved nearly all of the funding allocated to California under the National Electric Vehicle Infrastructure (NEVI) Formula Program. California Attorney General Rob Bonta successfully obtained an early court order in June that blocked the Administration’s attempts to withhold these crucial funds.
Related: Newsom Seeks $200 Million to Replace EV Tax Credits Cut by Trump
With the recent court order issued on Friday, Bonta, alongside California Governor Gavin Newsom, the California Department of Transportation, and the California Energy Commission, can now access a substantial $379 million in funding. This financial support is aimed at bolstering the state’s electric vehicle charging infrastructure, a critical component in promoting EV adoption and reducing carbon emissions.
In 2021, Congress passed the Infrastructure Investment and Jobs Act (IIJA), commonly referred to as the Bipartisan Infrastructure Law. A key provision of this legislation allocated $5 billion specifically for the National Electric Vehicle Infrastructure formula program, which aims to establish a comprehensive network of electric vehicle charging stations across the United States. However, during his presidency, Donald Trump issued an executive order that directed federal agencies to halt the release of certain funds appropriated through the IIJA, including the $5 billion earmarked for electric vehicle charging stations under the NEVI program.
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A U.S. District Court for the Western District of Washington has issued a final ruling against the Trump Administration in a multistate lawsuit concerning the withholding of funds designated for electric vehicle charging infrastructure. This decision marks a significant victory for states advocating for the expansion of electric vehicle (EV) resources.
The U.S. Federal Highway Administration has now approved nearly all of the funding allocated to California under the National Electric Vehicle Infrastructure (NEVI) Formula Program. California Attorney General Rob Bonta successfully obtained an early court order in June that blocked the Administration’s attempts to withhold these crucial funds.
Related: Newsom Seeks $200 Million to Replace EV Tax Credits Cut by Trump
With the recent court order issued on Friday, Bonta, alongside California Governor Gavin Newsom, the California Department of Transportation, and the California Energy Commission, can now access a substantial $379 million in funding. This financial support is aimed at bolstering the state’s electric vehicle charging infrastructure, a critical component in promoting EV adoption and reducing carbon emissions.
In 2021, Congress passed the Infrastructure Investment and Jobs Act (IIJA), commonly referred to as the Bipartisan Infrastructure Law. A key provision of this legislation allocated $5 billion specifically for the National Electric Vehicle Infrastructure formula program, which aims to establish a comprehensive network of electric vehicle charging stations across the United States. However, during his presidency, Donald Trump issued an executive order that directed federal agencies to halt the release of certain funds appropriated through the IIJA, including the $5 billion earmarked for electric vehicle charging stations under the NEVI program.
Topics
Mergers & Acquisitions
California
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