The Biden administration announced final new rules shaping the electric vehicle (EV) landscape Wednesday, with a $7.4 billion investment in EV charging, while EV maker Tesla is opening up proprietary charging stations to all.
The White House announced in a press release that $7.4 billion of the federal budget will be allocated for EV charging and hydrogen corridor infrastructure across 23 states, with the goal being making long-distance traveling and charging an electrical vehicle easier.
Hydrogen might be referring to internal combustion engine cars running on hydrogen, an alternative to the electrical motor.
Companies like Tesla and EVgo will try to get their share of the $7.4 billion funding that will be given to local and state governments….