Four years after authorizing billions of dollars for taxpayer funded EV charging systems, almost none have been built.
The National Electric Vehicle Infrastructure Act was enacted on November 15, 2021.
But here were are 3 1/2 years later and just 60 charging stations have been built.
This seems to be a overwhelming argument for a Department of Government Efficiency – the lack of urgency and efficiency in government operations costs all of us and NEVI is the poster child for the problem.
According to Paren, four of the five years of NEVI funding, or $3.2 billion, has been approved for all 50 states, the District of Columbia and Puerto Rico. Yet only $616 million has been awarded by 33 states to 104 applicants for 1,000 charging stations. To date, 60 charging stations with a combined 268 ports have been built, using $33 million of NEVI funds. While the federal government has not released figures, Paren estimates that perhaps less than $25 million has actually been transferred to states to reimburse charging companies for incurred expenses.
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The entire NEVI program is mostly pointless – even if it were working, it accounted for about 10% of expected charging system installations. 90% of systems are being built by private charging networks. Whether NEVI is continued or canceled will have little impact on EV charging network infrastructure.
Thus, NEVI appears to have been a virtue signaling slush fund to funnel cash to recipients.