EV adoption

More than $10 billion of government funds have been awarded or are in the process of being doled out across Europe and the US toward highway electric vehicle charging. BloombergNEF has analyzed these programs and their many subplots, from Tesla’s success in winning funds to the focus on facilitating EV adoption in rural America and Eastern Europe.

If you want zero-emission vehicles to proliferate quickly, as policy dictates, infrastructure funding needs to align with the trajectory of vehicles being sold. This is a point I’ve made previously in comparing the $30 billion a year that the US spends on biofuel subsidies with the government’s $7.5 billion five-year program for EV charging infrastructure.

16A Portable Electric Vehicle Charger Type2 With Schuko Plug