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Challenges Loom in Colorado as President Biden's Electric Vehicle Targets Face Slow Implementation

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President Biden's vision of achieving a minimum of 50 percent electric vehicle (EV) sales by 2030 encounters hurdles as the installation of EV chargers lags behind ambitious goals. To meet this target, substantial investment in EV infrastructure is crucial. In 2021, Congress allocated $7.5 billion for EV charging station development under the Infrastructure Investment and Jobs Act.

Despite Biden's aim to establish a "national network of 500,000 electric vehicle chargers along America’s highways and in our communities" within two years, not a single charger has been installed, presenting a notable challenge.

The National Renewable Energy Laboratory estimates that around 1.2 million public chargers will be needed in the U.S. by 2030. Currently, there are only about 180,000 chargers, as reported by the Energy Department.

An anonymous Biden official acknowledged the slow progress, attributing it to the administration's commitment to constructing a “convenient, affordable, reliable, made-in-America equitable network.” The official clarified that while installing chargers is a straightforward task, building an interconnected network poses distinct challenges.

As hundreds of thousands more electric vehicles are expected on Colorado highways in the next few years, many power grids are unprepared to handle the added power demands for charging these vehicles.

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Industry officials emphasize that upgrading power grids in time to meet Colorado’s projections for 2030 will be nothing short of a miracle.

Achieving this ambitious goal requires changes at the State legislative level, including expanded financial incentives, perfecting permitting processes, and incentivizing the expansion of the electric vehicle charger workforce. The slow implementation raises questions about the feasibility of President Biden's target.

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