Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. User Boards ›
  4. Keeping it Real Message Board

Trump Suspends $5 Billion Electric Vehicle Chargin

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 51861
(Total Views: 76)
Posted On: 02/07/2025 9:46:39 PM
Avatar
Posted By: energy_wave
Trump Suspends $5 Billion Electric Vehicle Charging Station Program

GettyImages-1662932717-640x480.jpg

Quote:
President Donald Trump’s administration halted the $5 billion Biden electric vehicle charging program, which has been criticized for its poor production of charging stations.

Emily Biondi, the associate administrator for the Office of Planning, Environment, and Realty, in a letter to the state Department of Transportation directors on Thursday, said the administration has suspended the National Electric Vehicle Infrastructure (NEVI) program.

“The new leadership of the Department of Transportation (U.S. DOT) has decided to review the policies underlying the implementation of the NEVI Formula Program. Accordingly, the current NEVI Formula Program Guidance dated June 11, 2024, and all prior versions of this guidance are rescinded,” Biondi wrote.

“As result of the rescission of the NEVI Formula Program Guidance, FHWA is also immediately suspending the approval of all State Electric Vehicle Infrastructure Deployment plans for all fiscal years. Therefore, effective immediately, no new obligations may occur under the NEVI Formula Program until the updated final NEVI Formula Program Guidance is issued and new State plans are submitted and approved,” the official continued.

Lawmakers included the $5 billion program in the $1.2 trillion so-called infrastructure bill, more formally known as the Infrastructure Investment and Jobs Act.

The program had aimed to create more than 6,000 charging stations and has served as an embarrassment for then-Transportation Secretary Pete Buttigieg.

In September 2023, Buttigieg admitted he had trouble finding an electric charging station while he was traveling on the road.

In August 2024, then-President Joe Biden claimed the administration had built 500,000 charging stations across the country, where, in reality, they had built only eight stations as of May 2024.

In May, Buttigieg was asked by CBS News’s Face the Nation to explain why only eight of the promised EV stations had been built:



Full article with video of Pete explaining everything.

https://www.breitbart.com/politics/2025/02/07...n-program/


(1)
(0)




big-wave_surfing_01.jpg




Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us