Monday, May 30, 2022

Charging Stations, GMC's EV Hummer -- May 30, 2022

Disruptive:

From The WSJ today: where are all the EV charging stations? 

Electric-vehicle sales are accelerating, but U.S. efforts to build a national network of charging stations are moving slowly as states figure out how to fairly dole out public funding to kick-start a new service industry
As the Biden administration prepares to give states $7.5 billion for new charging stations, a similar recent effort suggests a difficult path is ahead. 
States received $424 million that could be used for charging stations as part of a $2.8 billion settlement by Volkswagen AG to resolve allegations that it cheated on diesel emissions tests. 
So far, more than four years later, they have spent about 48% of those charging dollars. Six states including Illinois and Connecticut that say they plan to use VW settlement money on chargers have yet to disburse any funds
Four states say they plan to use the money for other projects such as lower-emissions bus fleets. 
Thirty states have distributed most of their available charging money, including Hawaii, New Mexico, South Dakota and New York.

Hummer, GMC, EV: starting at $108,700. 

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