Technology

Key Takeaways From US's New Standards for National EV Charging Network

Key Takeaways From US's New Standards for National EV Charging Network

The U.S. Transportation Department (USDOT) proposed minimum standards and requirements for electric vehicle (EV) charging projects funded under a $5 billion government program. The government sought 50% of all new vehicles sold to be electric or plug-in hybrid electric models and 500,000 new EV charging stations by 2030, which could serve as a significant breakthrough for EV makers like Tesla, Inc (NASDAQ: TSLA) and others.

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