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FACT SHEET: Biden Administration Announces New Private and Public Sector Investments for Affordable Electric Vehicles

President Biden’s Investing in America Agenda is unleashing a manufacturing and clean energy boom and accelerating the production of affordable electric vehicles. © Karen Rubin/news-photos-features.com

President Biden’s Investing in America Agenda is unleashing a manufacturing and clean energy boom and accelerating the production of affordable electric vehicles. The White House provided this fact sheet: 

As part of President Biden’s goal of having 50 percent of all new vehicle sales be electric by 2030, the White House is announcing the first set of public and private commitments to support America’s historic transition to electric vehicles (EV) under the EV Acceleration Challenge. These commitments are part of President Biden’s Investing in America agenda to spur domestic manufacturing, strengthen supply chains, boost U.S. competitiveness and create good-paying jobs. Because of President Biden’s leadership and historic investments, electric vehicle sales have tripled and the number of publicly available charging ports has grown by over 40 percent since he took office. There are now more than three million EVs on the road and over 132,000 public EV chargers across the country.  
 
President Biden’s Inflation Reduction Act adds and expands tax credits for purchases of new and used EVs—helping bring the benefits of clean energy to communities across the nation. The law also provides incentives to electrify heavy-duty vehicles like clean school buses, and includes support for the installation of residential, commercial, and municipal EV charging infrastructure. These incentives complement investments from the Bipartisan Infrastructure Law and other federal initiatives that are spurring the domestic manufacturing of EVs and batteries and the development of a national EV charging network that provides access to low income and disadvantaged communities.  
 
These incentives will lower the cost of EVs and EV charging infrastructure; increase consumer demand and competition; promote equity and inclusion; and accelerate the growth of the EV market. The White House announced the EV Acceleration Challenge to bring a clean, safe, affordable, and reliable transportation future to Americans even faster.
 
Today, the Federal Government, as well as a number of companies and nonprofits including Prologis, First Student, Hertz, Amazon, Google, Rewiring America, and others, are announcing new commitments to expand EV fleets, increase consumer education, and grow the availability of EV charging.  
 
Today, the Federal Government is announcing: 

  • Federal agencies have already acquired 13,000 light- and medium-duty zero emission vehicles (ZEVs) in FY23—about four times the number of ZEVs acquired in FY22. President Biden’s Federal Sustainability Plan requires federal agencies to transition the largest fleet in the world to all electric by acquiring 100 percent light-duty ZEVs annually by 2027 and acquiring 100 percent medium- and heavy-duty ZEVs annually by 2035.  
     
  • Federal agencies are committing to deploy an additional 24,000 charging stations at Federal facilities by the next fiscal year, adding to the more than 5,000 charging stations already installed at Federal facilities nationwide. 
     
  • The Department of Energy’s Alternative Fuel Data Center is planning to add two new features to its Station Locator Tool that will help consumers charge their EVs quickly, affordably and conveniently. The tool will soon offer:
    • Charging cost: The cost to charge an EV at an individual charging station.
       
    • Charging speed: The charging speed or power output at the charger port level. 

 
ACCELERATING THE EV TRANSITION 
 
The Biden-Harris Administration’s Investing in America agenda has spurred public and private sector commitments to accelerate the transition to electric vehicles. State and local governments are also leveraging federal funds to expand electrification of their vehicle fleets. These announcements build on the EV charging network expansion and manufacturing announcements highlighted by the White House in February, which will add more than 100,000 public chargers across the country. Announcements being spotlighted today fall into four categories: Consumer Education and Support, Tools and Resources, EV Fleet Expansion, and Community Charging: Commercial and Multifamily: 
 
Fleet Expansion 

  • First Student, a major supplier of school bus services, is committing to transition 30,000 fossil fuel-powered school buses to electric school buses by 2035. 
     
  • Cirba Solutions, a battery materials and management company, is committing to process end-of-life batteries and Gigafactory manufacturing scrap, creating enough battery-materials to equip 1,000,000 EVs by 2028. 
     
  • Waymo, an autonomous driving technology company, is committing to deploy the all-electric Jaguar I-PACE across all of its ride-hailing service territories this spring and retire its previous generation platform.  
     
  • Amazon is announcing it has rolled out over 3,000 electric delivery vehicles as part of its commitment to bring 100,000 electric delivery vehicles to the road by 2030.
     
  • Trane Technologies, a company focused on efficient and sustainable climate solutions for buildings, homes and transportation, is committing to transition 100 percent of its global fleet of more than 8,000 vehicles, including service vans and trucks, to all electric vehicles by 2030. 

Community Charging: Commercial and Multifamily  

  • Prologis, a major global developer and owner of logistics real estate with more than 3,400 properties in the US, is committing to make every new eligible Prologis development ready for EV charging and transition its U.S. maintenance vehicle fleet to 100 percent alternative fuel vehicles by 2030. 
     
  • Siemens is committing to install charging stations across the U.S. at its facilities and employees’ homes to support the electric conversion of its 10,000-vehicle fleet by 2030 and to set a requirement that 10% of parking spaces include EV charging stations at all new company facility construction projects. 
     
  • CALSTART, Forth, the Electrification Coalition, EVHybridNoire and peer national implementation partners are committing to launch the Charge@Work campaign and Electric Vehicle Adoption Leadership (EVAL) certification program in Fall 2023 which will engage over 50,000 employers\workplaces, representing hundreds of thousands of employees, with the end goal of catalyzing over 100,000 electric vehicle workplace charging stations. 
     
  • SWTCH, an EV charging provider, is committing to expand equitable access to EV charging in underserved communities by deploying over 20,000 EV chargers, the majority of which will serve multi-family buildings, by 2024.  
     
  • Rocky Mountain Institute is committing to launch a multi-family charging accelerator pilot in three states to scale multi-unit dwelling charging infrastructure financing and deployment nationwide in 2024. 

Consumer Education and Support 

  • Hertz is committing to substantially increase its electric vehicle rentals this year forecasting nearly two million EV rentals in 2023, approximately five times the number of EV rentals in 2022, and extending the electric vehicle experience to leisure and business travelers and rideshare drivers across the country.  
     
  • Consumer Reports is committing to delivering expert advice and unbiased information for people who are considering whether to make the shift to an electric vehicle through its new online tool called the Electric Vehicle Savings Finder. It provides detailed, up-to-date information about federal, state, and local EV purchase incentives available to consumers, specific to where they live. 
     
  • GreenLatinos, Hip Hop Caucus, Sierra Club, Clean Energy for America, Alliance of Nurses for Healthy Environments, Electric Transportation Community Development Corporation, National Religious Partnership for the Environment, Plug in America, Public Citizen, Union of Concerned Scientists, Electric Vehicle Association, League of Conservation Voters, Coltura, and the Natural Resources Defense Council are committing to launch Route Zero in April – a cross-country, relay style campaign highlighting the investments made in EV infrastructure and EV manufacturing around the country, focusing on how equitable EV deployment helps mitigate pollution harms. 
     
  • Sierra Club, Plug in America, the Electric Vehicle Association and EVHybridNoire are committing to host more than 300 events in 2023 to celebrate the shift to electric vehicles, including the opportunity to connect with EV drivers in their own communities, ask questions, and get behind the wheel to try EVs out. 
     
  • Mercedes-Benz is committing to launch “Electric Dream Days,” a new EV marketing campaign with retail events at dealerships and EV test drives in April 2023.   

Tools and Resources 

  • Rewiring America, a non-profit organization, is committing to launch an online personal electrification planner in 2023 with the initial goal of helping 100,000 homeowners and renters create roadmaps to electrify their homes and to choose electric vehicles and home chargers. 
     
  • Google is committing to provide up-to-date information about availability and coverage of tax credits across eligible passenger vehicles, through a new Search tool that incorporates federal guidance to surface eligible EV tax credits, alongside other critical information.
     
  • Plug in America, a non-profit organization, is committing to reach 250,000 consumers over the next year with PlugStar.com, its online EV information and shopping tool. 
     
  • Wells Fargo is releasing a new tool to support business leaders transitioning to electric vehicle fleets by modeling deployment that incorporates the cost of electrification, tax credits, cost savings, and environmental benefits. 
     
  • The American Public Transportation Association and the Edison Electric Institute are committing to develop and distribute a new resource for transit agencies to streamline their efforts to electrify their bus fleets.  

The EV Acceleration Challenge is accepting submissions on a rolling basis. The White House will be highlighting additional commitments soon including many more that were already submitted.
 
Organizations can submit a commitment on the EV Acceleration Challenge landing page.