The investment will add 90,000 new EV chargers across the state, more than double the 80,000 chargers already installed.
The government of California has approved a $2.9 billion investment plant to accelerate the state’s electric vehicle charging and hydrogen refueling targets for 2025.
According to the plan approved by the California Energy Commission on December 14, the investment will add 90,000 new EV chargers across the state, more than double the 80,000 chargers already installed. The energy commission estimates that combined with funding from utilities and other programs, these investments are expected to ensure the state achieves its goal to deploy 250,000 chargers by 2025.
The agency said the funds will support the deployment of thousands of zero-emission trucks, school buses and transit buses “to communities hit hardest by the impacts of pollution from medium- and heavy-duty vehicles.”
Funding for the CEC’s Clean Transportation Program is increased by 30 times compared to 2019 with an additional $2.4 billion from the recent state budget that will be spent over the next four years. At least 50 percent of it will be targeted to benefit priority populations.