Climate bid faces tricky path over money for electric cars

cuts in half President Joe Biden’s call for $15 billion to build 500,000 electric vehicle charging outlets, raising the stakes as the administration seeks to win auto industry cooperation on anti-pollution rules to curb climate change.provides $7.5 billion in federal grants to build a national network of charging outlets, an amount that analysts say is a good start but isn't enough to spur widespread electric vehicle adoption.

Currently there are just over 43,000 charging stations in the U.S. with more than 106,000 outlets, according to the Department of Energy. Fully electric vehicles represented just 2.2% of U.S. new vehicle sales during the first half of this year, or about 1.1 million vehicles on the road. While Ford CEO Jim Farley announced Wednesday that he expects 40% of the company's sales to be fully electric vehicles by 2030, other companies are still weighing whether to endorse that figure. Stellantis, for instance, has has committed to a 40% U.S. sales figure, but counts “low-emission vehicles" such as gas-electric hybrids in its mix.

“If a reconciliation bill emerges with 10 digits of guaranteed EV rebate money, that will go a long way towards reassuring automakers that they can ramp up production,” said Jeff Davis, a senior fellow at Eno Center for Transportation. According to a Consumer Reports survey last December, anxiety about limited range and the availability of charging stations were among the top concerns consumers had about owning an EV.

Straight down the middle. No hook, no spin, no fuss. Anything more and this becomes figure skating.

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