President Joe Biden will announce the approval of the first $900 million in infrastructure funding to build electric vehicle chargers across 53,000 miles of the national highway system and across 35 states, the White House said.
President Biden hits the Detroit Auto Show Wednesday, where the classic Corvette owner will surely slide behind a few wheels, and more importantly for an industry shifting ever closer to electric vehicle adoption, he’ll announce the first allotment of federal dollars for expanding the EV charger network.
Biden will announce the approval of the first $900 million in infrastructure funding to build EV chargers across 53,000 miles of the national highway system and across 35 states, the White House said. Biden will also stress that the CHIPS and Science Act he signed this summer will help the auto industry. It is intended to ease supply chain challenges in promoting domestic production of semiconductor chips AMD, +0.43% INTC, -0.05% and other technology necessary as cars, trucks and SUVs become more like computers and much less mechanical.
Biden is expected to talk to union workers, CEOs and local leaders at the auto show, who will all play a role as the administration positions “the United States to lead the electric vehicle future — creating more jobs and making more in America all while fighting climate change,” the White House said in a statement.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden to announce $900 million electric vehicle infrastructure overhaul at Detroit auto showPresident Joe Biden will head to Detroit on Wednesday for the North American International Auto Show (NAIAS), where he will meet with auto company CEOs, unions and local leaders.
Read more »
Biden to announce $900 million for electric vehicle chargers at Detroit auto showThe president will showcase his administration's efforts to promote electric vehicles during a visit to the Detroit auto show.
Read more »
Biden names first ARPA-H chief amid debates over agency’s identityBiologist Renee Wegrzyn will take the reins at the new health innovations agency as lawmakers battle over its culture and priorities.
Read more »
First on CNN: Biden to nominate new ambassador to Russia | CNN PoliticsPresident Joe Biden plans to nominate Lynne Tracy, a career diplomat currently serving in Armenia, as the next US ambassador to Russia, according to three sources familiar with the matter.
Read more »
First lady says she and Biden haven't talked about running in 2024First lady Jill Biden indicated Tuesday that she and President Joe Biden have not held a family discussion about him seeking a second term in the White House but thinks he should run anyway.
Read more »