The Biden-Harris Administration announced that there will be $51 million being allocated to the Ride and Drive Electric funds. The Ride and Drive program was created to provide equitable opportunities for EV charging in communities. This includes making EV charging stations more reliable, distributing charging stations in underserved communities, expanding the electrification of fleets and workforce development. EV charging stations across the country are not distributed equally resulting in charging deserts, others are EV charging stations are not reliable and drivers experience maintenance issues that put the stations out of order.
This has been one of many steps the federal government has taken in order to ease the country away from fossil fuels. Billions of dollars in funding are being devoted to EV charging infrastructure and ensuring it is accessible to drivers across America. Numerous programs have been created by President Biden to administer funds to the states that are used in various electric vehicle initiatives. These include having EV charging stations installed on major highways throughout the country, and helping businesses electrify their fleets.
Some programs offered are used to provide tax credits for electric vehicles and EV charging infrastructure. One tax credit is allocated to drivers that purchase specific electric vehicles. These vehicles must have a specific number of American made auto parts built in them. Other credits and financial incentives are devoted to helping businesses install and offset the costs of EV charging stations. These incentives are offered through state, local or utility companies.