President Joe Biden signed the Infrastructure Investment and Jobs Act on Nov. 15, which allocates $ 550 billion in new spending over the next five years to improve U.S. infrastructure, including critical investments in the energy sector. These investments will cover power grid infrastructure, electric vehicles (EVs) and charging stations, renewable energy, nuclear power, hydropower, and cybersecurity with the goal to strengthen the energy industry, support emission-free power generation, and bolster emerging technologies.

COMMENTARY

The Act earmarks $ 7.5 billion to build a national network for EV charging to accelerate the adoption of electric vehicles.

Along with the funds, the Act establishes a 25-member EV working group, which will be led by the secretaries of Transportation and Energy, to provide federal guidance and strategy for the development, adoption, and integration of electric vehicles into the U.S. transportation and energy systems. As part of this group, the Secretary of Energy will conduct a study on the cradle-to-grave environmental impact of EVs and on the impact of forced labor in China on the EV supply chain.…

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