Feds award $521 million in EV charger funds, but rollout remains slow

The federal government awarded another $521 million in EV charger funding today. It's the latest tranche of money to be awarded from a $7.5 billion program authorized by the 2022 Inflation Reduction Act, which aims to build out fast chargers along interstate highways as well as bringing charging infrastructure to underserved communities.

$321 million from today's announcement will be spent on 41 different projects across the country—these projects are a mix of level 2 AC chargers as well as DC fast chargers. The remaining $200 million will continue funding DC fast chargers along designated highway corridors.

The Joint Office of Energy and Transportation, which administers the federal funding, called out a $15 million project to install chargers at 53 sites in Milwaukee and a $3.9 million project to install publicly accessible chargers on the Sioux Reservation in North Dakota as examples of the latest awards.