New York to invest $750 million to expand EV infrastructure

The government of New York has announced an investment program of $750 million to build charging stations and other electric vehicle (EV) infrastructure as part of the state’s long-term goal to reduce emissions.

The measure is set to create more than 50,000 charging stations and will largely be funded by the state’s investor-owned utility companies, with the total budget capped at $701 million through 2025. According to the US Department of Energy, while EV sales have gradually increased over the past few years, they still made up less than 2 per cent of all US vehicle sales in 2019.