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US House Democrats seek at least US$160 billion in new EV funding

US House Democrats seek at least US$160 billion in new EV funding

An Ionity electric vehicle charging station is pictured near Dresden, Germany, Aug 27, 2019. (Photo: REUTERS/Annegret Hilse)

WASHINGTON: A group of 29 US House Democrats want congressional leaders to include at least US$160 billion in additional funding for electric vehicles as part of a US$3.5 trillion spending measure, according to a letter seen by Reuters.

A bipartisan US$1 trillion infrastructure bill includes US$7.5 billion for electric vehicle charging stations and some other EV-related funding estimated at US$2.5 billion to US$5.5 billion.

President Joe Biden in March called for US$174 billion in total spending on electric vehicles, including US$100 billion in consumer incentives and US$15 billion to build 500,000 EV charging stations.

The previously unreported letter dated Wednesday to House Speaker Nancy Pelosi and Senate Democratic Leader Chuck Schumer said Congress should ensure at least US$174 billion in total EV funding "including light-duty consumer incentives, EV charging infrastructure funding, EV manufacturing incentives, federal EV procurement requirements, and incentives to electrify heavy-duty commercial fleets."

They also want "no less than 40 per cent of the investments go to disadvantaged communities."

Representative Doris Matsui, who helped lead the letter, cited a UN climate panel report this week that found global warming is dangerously close to spiralling out of control.

"Robust EV investments are critical to meet the challenges of the climate crisis, and we must be willing to take bold steps to build a better future. The push for vehicle electrification has far reaching effects, helping us ensure clean air for American families and create healthier, more resilient communities," she said.

On Tuesday, a separate group of Democratic lawmakers said they wanted US$85 billion for electric vehicle charging efforts.

Source: Reuters

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