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  • 11 months ago
The Trump administration has ordered states to halt spending on electric vehicle charging infrastructure funded under the Biden administration’s National Electric Vehicle Infrastructure program. The directive follows Trump’s pause on billions in EV charger funding on his first day in office. The administration may require congressional approval to halt EV charger funding, but its passage is uncertain. Industry leaders believe customer demand will sustain charging network expansion despite federal funding cuts.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Trump administration has ordered states to halt spending on electric vehicle
00:06charging infrastructure funding under the Biden administration's national
00:11electrical vehicle infrastructure program.
00:14The directive follows Trump's pause on billions in EV charging funding
00:18on his first day in office.
00:20The administration may require congressional approval to halt EV charging funding,
00:24but its passage is uncertain.
00:26Industry leaders believe customer demand will sustain charging network expansion
00:30despite federal funding cuts.
00:32For all things money, visit Benzinga.com slash GSTV.
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