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The Biden-Harris Administration's $623 Million EV Push · Elon Musk Podcast

• 0:01
  Hey everybody, welcome back to the Elon Musk podcast.
• 0:05
  This is a show. Where we?
• 0:06
  Discuss. The critical crossroads, the
• 0:08
  shape. SpaceX, Tesla X, The Boring
• 0:11
  Company, and Neuralink, and I'm. Your host.
• 0:14
  Will Walden if you want uninterrupted episodes of the
• 0:18
  Elon Musk podcast. Please go to.
• 0:20
  Clubelon.supercast.com to find out how there's a link in the
• 0:26
  show notes. There's a massive move in the US
• 0:29
  towards electric vehicles or EVs in the Biden Harris
• 0:32
  administration has announced A substantial $623 million in
• 0:36
  grants, and this move is aimed at expanding the EV charging
• 0:39
  network across the nation, a step that promises to create
• 0:43
  numerous thousands of American jobs and ensure wider
• 0:46
  accessibility to EV charging facilities for the rest of us to
• 0:50
  drive EVs. Now, under President Biden's
• 0:53
  watch, EV sales have seen a dramatic increase, quadrupling
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  in numbers publicly available. Charging ports have expanded by
• 1:01
  nearly 70%, with over 4 million E VS now cruising on American
• 1:05
  roads. This surge is largely attributed
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  to the administration's historic investments prompting private
• 1:11
  sector commitments exceeding $155 billion in the EV and
• 1:16
  battery supply chain. Now the grants come from the
• 1:19
  bipartisan infrastructure laws $2.5 billion Charging and
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  Fueling Infrastructure Discretionary Grant Program.
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  This program aims to fund EV charging and alternative fueling
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  infrastructure projects in 22 States and Puerto Rico,
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  including about 7500 new EV charging ports.
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  It's a part of a broader strategy to establish a reliable
• 1:40
  and high speed EV charging network along most US highways.
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  Now the US Transportation Secretary Pete Buttigieg
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  highlighted this historical significance of this move.
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  He said America led the arrival of the automotive era and now we
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  have a chance to lead the world in the EV revolution, securing
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  jobs, savings and benefits for Americans in the process.
• 2:03
  Now this funding will focus on making EV chargers widely
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  accessible and also dependable. Now, the Federal Highway
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  Administration is allocating $311 million to 36 community
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  projects, including two Indian tribes in Alaska and also in
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  Arizona. These projects concentrate on EV
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  charging and hydrogen fueling infrastructure in various
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  locations like schools, parks and libraries, enhancing the
• 2:26
  accessibility in both urban and also rural communities.
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  An additional $312 million is designated for 11 corridor
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  projects situated along alternative fuel corridors.
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  This funding is set to address gaps in the national charging
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  and alternative fueling network, ensuring widespread availability
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  along major roadways. And a significant aspect of
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  these grants is there alignment with President Biden's Justice
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  40 initiative aiming for 40% of the benefits from federal
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  investments to reach disadvantaged communities.
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  Notably, more than 70% of the CFI funding announced will
• 3:01
  support projects in these areas. US Secretary of Energy Jennifer
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  Granholm emphasize the inclusive nature of this initiative.
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  Every community across the nation deserves access to
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  convenient and reliable clean transportation, she stated.
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  This initiative is a major step in reducing carbon emissions in
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  addressing the climate crisis that we face, and the US
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  Transportation Deputy Secretary Polly Trottenberg highlighted
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  the different needs for EV charging in communities compared
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  to highways. They said USDOT is proud to make
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  an investment that will provide Americans with convenient,
• 3:35
  straightforward charging options in their communities.
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  At Federal Highway Administrator Shell and BAT expressed
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  enthusiasm about the grants, too.
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  They said these investments to the CFI program will grow our
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  national EV charging network, support President Biden's goals
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  of achieving net 0 emissions for the nation by 2050 and promote
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  opportunity for all Americans to enjoy the benefits of EV
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  charging. Now the project selected in this
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  run of grants are diverse. For instance, the New Jersey
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  Department of Environmental Protection receives $10 million
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  to build EV charging stations and disadvantaged communities in
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  rural areas focusing on multi family housing and transit
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  stations. Maryland's Clean Energy Center
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  is granted 15,000,000 to established 87 EV charging
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  stations across the state, including at Coppin State
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  University and HBCU in Baltimore and in 34 disadvantaged
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  communities. This project includes workforce
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  development programs aimed at providing good paying jobs and
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  apprenticeships. In Texas, a significant $70
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  million is allocated to the North Central Texas Council of
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  Governments to establish a hydrogen fueling corridor,
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  including up to five stations for medium and heavy duty
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  freight trucks in major cities like Dallas, Houston and San
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  Antonio. Now, California's Contra Costa
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  County receives about $15 million to build 52 fast
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  charging stations and 60 Level 2 chargers at various County
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  Library branches. Similarly, Energy Northwest in
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  Washington state is funded to install 40 fast chargers and 12
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  Level 2 chargers, focusing on rural and disadvantaged
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  communities. In the city of Mesa, AZ is
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  another recipient, getting $12 million to build 48 electric
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  vehicle chargers for various vehicle sizes, charging docks
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  for E bikes and E scooters, and solar canomies for electricity
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  generation at these stations. Now, all EV charges constructed
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  with CFI funds must meet the same minimum standards as those
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  funded by an EVI, including requirements that they are made
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  in America. This ensures A consistent and
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  high quality charging experience across the nation.
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  In the current US, landscape has over 148,000 public charging
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  ports spread across approximately 56,000 charging
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  stations. The ambitious goal is to triple
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  these numbers by 20-30 with the new grant money kick starting
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  this initiative now. This initiative reflects a
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  transformative step in EU s s approach to transportation and
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  by investing in EV infrastructure and focusing on
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  accessibility, the Biden Harris administration is responding to
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  environmental concerns but also fostering economic growth
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  inequality. It's a significant move towards
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  a cleaner, more inclusive future in the United States for
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  transportation. Hey, thank you so much for
• 6:26
  listening today. I really do appreciate your
• 6:28
  support. If you could take a second and
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  Com slash stage zero and please take care of yourselves and each
• 6:54
  other and I'll see you tomorrow.