White House Says Companies Investing $700 Million to Boost EV Charger Production

28 Jun 2022 | Abstracted from US News

"The investments include $450 million earmarked by Volkswagen unit Electrify America and more than $250 million by Siemens to expand its Grand Prairie, Texas and Ponoma, California EV charger plants...FLO, an EV charging network operator, is also investing $3 million in its first U.S. assembly plant in Auburn Hills, Michigan."

President Biden "wants to see the U.S. network of EV chargers grow to 500,000 by 2030, up from about 100,000 today."

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