U.S. approves 50 states' EV charging plans
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DA Davidson on Legislative Forces Strengthening EV Charging Infrastructure
September 28, 2022 10:50 AM EDT(Updated - September 28, 2022 10:53 AM EDT)
DA Davidson analyst, Matt Summerville analyzed legislative forces following the Inflation Reduction Act, as-well-as electric vehicle charging infrastructure names in response to positive catalysts that have been recently observed.
Summerville wrote in a note: We provide an update on legislative forces driven by the Infrastructure Investment and Jobs Act (IIJA) and the associated National Electric Vehicle Infrastructure (NEVI) Formula Program, incrementally favorable catalysts set into motion by the recently-passed Inflation Reduction Act, and their respective impacts to our five (of six) U.S.- operating EV charging companies under coverage: BUY-rated ADS-TEC... More
USDOT Approves 50 State EV Charging Plans
September 27, 2022 11:36 AM EDTThe U.S. Transportation Department (USDOT) announced Tuesday that they have approved electric vehicle charging station plans for all 50 state, Washington D.C. and Puerto Rico, covering about 75,000 miles of highway.
It has yet to be announced how many charging stations the plan will cover. However, the $1 trillion... More
