Biden to spend another $5B on infrastructure — after last multibillion-dollar effort only set up 7 EV charging stations: report
Story by Josh Christenson • 17h
President Biden OKed another $5 billion in infrastructure projects as he heads out the door — even after his last big-money investment went bust over EV charging stations.
Biden’s Transportation Department announced the details of his final major infrastructure investment Friday evening, shelling out $5 billion for 560 projects across all 50 states, Washington, DC, and other US territories.
The money, which is coming from the $1.2 trillion bipartisan infrastructure package Biden signed into law in 2021, will go toward rail safety and other improvements to intercity rail transit, roads, bridges, airports — and more EV charging depots, Semafor first reported.
At least $1.1 billion will be set aside for passenger and freight rail safety, $1.3 billion for bridges, roads and other surface projects, $332 million for airport infrastructure grants and $635 million for more than 11,500 EV charging ports, as well as hydrogen and natural gas stations.
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