Tesla to be eligible for $ 7.5 billion electric vehicle recharging fund as Senate passes infrastructure bill
Tesla is currently taking steps that will make it eligible for Biden’s bipartisan infrastructure bill’s $ 7.5 billion fund, allocated to building electric vehicle charging stations. President Joe Biden’s bipartisan infrastructure bill, HR 3684, passed the Senate on Tuesday by a 69-30 margin.
“This bill will also put the workers of the IBEW – the electrical workers – to work to install a true national network of electric vehicle charging stations that will transform the way we travel and do business,” he said. President Biden said during a White House briefing in the East Room. .
âAnd, by the way, around these charging stations you will see – just like around – we are installing gas stations on our national highways – you will see other industries developing. We have the advantage of considerably reducing pollution from vehicles on our roads, âhe noted.
Tesla could be eligible to apply for the bill’s EV infrastructure fund once the Supercharger network opens up to non-Tesla cars.
The bill lists two provisions that businesses must comply with to be eligible for the $ 1 billion fund allocated specifically to electric vehicle charging stations. First, companies must provide non-proprietary charging connectors that meet industry safety standards. Second, businesses must provide open access to payment methods that all members of the public can use.
Before the Senate passed HR 3684, Tesla CEO Elon Musk announced that the Supercharger network would soon be open to non-Tesla vehicles. On TSLA’s latest earnings conference call, Musk and other Tesla executives spoke about how its open network of superchargers will work.
Musk noted that the Tesla app would be open to non-Tesla owners, providing them with a convenient way to access the Supercharger network. While he believes Tesla uses the best connector for EV charging, Musk also noted that Tesla will offer an EV adapter that other EV owners could purchase to use the Supercharger network.
By opening the Tesla app to other electric vehicle owners and an adapter, Tesla could meet the requirements to apply for the $ 7.5 billion infrastructure bill fund. âYes. Obviously, for that to be – for the compressor to be useful for the cars of other automakers, we have to grow the network faster than the production of vehicles, which is not easy. Vehicle production at a breakneck pace, so compressors have to grow faster than vehicle production, ânoted Elon Musk in the latest call for results.
âIt’s a lot of work for the Superchargers team, but it’s only useful in the grand scheme of things. Only useful to the public if we are able to grow faster than the production of Tesla vehicles. So it is. our goal, âhe added.
Read the Biden administration’s bipartisan infrastructure bill below.
Tesla Supercharger Network 75b Biden Infrastructure Bill by Maria Merano on Scribd
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