The Electric Drive Vehicle Deployment Act of 2010, introduced in Congress this week, has a simple goal to electrify half of all cars and trucks on U.S. roads by 2030, and a basic strategy: focus the might of the federal government on a small number of pilot communities around the country, subsidizing the buildout of charging infrastructure and purchase of electric vehicles.
How much will the legislation cost?
The Senate bill is estimated to have an overall cost of $7-$10 billion over five years. The House bill is estimated to cost about $11 billion over five years.
How much will the legislation cost?
The Senate bill is estimated to have an overall cost of $7-$10 billion over five years. The House bill is estimated to cost about $11 billion over five years.
How would pilot communities by selected? According to a draft of the House bill, the Secretary of Energy would choose the communities based on criteria including the level of cost sharing they propose for grant projects, whether plans are in place for deploying public charging infrastructure and updating building codes, solid partnerships with a range of stakeholders and assurances that equipment will employ open standards.