The White House announced more than $700 million in investments from the private sector that will increase domestic capacity to manufacture more than 250,000 new electric vehicle (EV) chargers yearly, add at least 2,000 good-paying jobs, and make EV charging more affordable, accessible, and equitable. This comes on the heels of the Federal Highway Administration (FHWA) announcing a Notice of Proposed Rulemaking (NPRM) on proposed minimum standards and requirements for projects funded under the National Electric Vehicle Infrastructure (NEVI) Formula Program.
KEY INDUSTRY INVESTMENTS
- Electrify America, a leading network of fast chargers, today announced a new investment of $450 million into its charging network by Siemens, a global technology and electrification leader, and Volkswagen Group. These investments will support the rapid deployment of up to 10,000 ultra-fast chargers at 1,800 charging stations, more than the number of high-power chargers available in the United States today.
- Siemens is on track to build one million EV chargers over the next four years by investing more than $250 million in the U.S. in the past six months, including expansions of its Grand Prairie, TX and Pomona, CA manufacturing sites. Siemens has created 500 new, good-quality, union manufacturing jobs across the U.S to support critical power and EV charging infrastructure. And, they announced a $25 million minority stake investment in a US-based wireless charging company. Siemens has a new manufacturing facility coming online later this year and is introducing a new Buy America-compliant AC charger this fall.
ADDITIONAL INDUSTRY ACTIONS
- ABB E-mobility is adding 125 jobs across its operations this year alone, including at two new facilities. In Sugarland, Texas, they are opening a training center where ABB will provide authorized service partners with hands on training for servicing and maintaining EV chargers. In Southern California, ABB E-mobility is opening a product development and research facility where it will design, develop, and test EV chargers for the U.S. market.
- ChargePoint, a leading EV charging network, is expanding its partnership with SMTC Corporation to expand DCFC production, establish a manufacturing line for Level 2 chargers at their Milpitas, CA, facility, and create approximately 250 new manufacturing jobs. The expanded facility will be able to produce 10,000 DCFC dispensers and 10,000 Level 2 chargers by 2026.
- FLO, a North American EV charging network operator and smart charging solutions provider, announced a $3 million investment in its first U.S. assembly facility located in Auburn Hills, Michigan earlier this month. By 2028, the facility will produce upwards of 30,000 Buy America compliant charging stations and fast chargers annually, create upwards of 730 jobs, and bolster Michigan’s economy by $76 million.
- Tesla is making investments at its Gigafactory in Buffalo, New York to support the deployment of new fast charging stations to add to its fast-charging network. More than 1,600 employees work at Giga New York producing the Tesla Solar Roof and Supercharger stations, which are capable of charging vehicles up to 250 kW. Tesla is expanding production capacity of power electronics components that convert alternating current to direct current, charging cabinets, posts and cables. Later this year, Tesla will begin production of new Supercharger equipment that will enable non-Tesla EV drivers in North America to use Tesla Superchargers.
- Tritium, who previously announced a Tennessee EV charger manufacturing facility at a White House event with President Biden, is accelerating its production schedule to manufacture DC fast chargers in the third quarter of 2022. They also plan to build their first Buy America chargers in early 2023. This facility will create more than 500 local jobs and will be capable of producing up to 30,000 fast charger units per year.