"Bipartisan Infrastructure Law Sparks Electric Vehicle Growth Amid Bidenomics Challenges"

1 min read
Source: Washington Examiner
"Bipartisan Infrastructure Law Sparks Electric Vehicle Growth Amid Bidenomics Challenges"
Photo: Washington Examiner
TL;DR Summary

President Joe Biden's plan to build a nationwide network of chargers for electric cars is facing challenges due to politics and the limitations of his "Bidenomics" approach. Despite pledging to install half a million chargers, not a single new charger has been installed with the allocated $7.5 billion from the infrastructure bill. Biden's insistence on quantity over quality has resulted in slower Level 2 chargers that are inadequate for road trips. Additionally, the Buy American provision in the bill and the rejection of flexibility requests have further hindered progress. The blending of politics and industry in industrial policy often derails ambitious goals, and both Democrats and Republicans have faced frustrations in implementing their corporatist approaches.

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