“The 2021 Infrastructure Investment and Jobs Act apportioned more than $1 trillion to a wide variety of projects deemed “infrastructure,” including $550 billion toward “‘new’ investments and programs.” Among its line items, the law included $7.5 billion to build electric vehicle (E.V.) chargers across the country.
The rollout was uninspiring. Under the National Electric Vehicle Infrastructure (NEVI) program, which controls $5 billion of the $7.5 billion total, only 183 chargers have come online at 44 stations across the country, more than three years after Biden signed the bill into law. (Under federal rules, each station funded by the law is required to have at least four charging ports.)
In fairness, not all of the cash has been spent: The NEVI has only allocated $2.4 billion and awarded $520 million, as of press time.
Still, it’s a dispiriting result from an administration that came into office with big promises to “build a national network of 500,000 charging stations.”
Similarly, the 2021 infrastructure law included the Broadband Equity, Access, and Deployment (BEAD) program, with $42 billion to expand broadband internet access across the country. In his speech at the 2024 Democratic National Convention, Biden equated it with the New Deal, calling the broadband expansion “not unlike what Roosevelt did with electricity.”
But three years after its creation, the program has disbursed no money and supplied broadband to zero households. “Thanks to a federal affordability requirement that telecommunications companies say is too tight, many states have sparred with Washington over their funding applications, delaying the rollout,” Politico wrote in September.”
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“Biden’s supporters would counter that while the initial rollout was underwhelming, much of this spending is designed to pay off over time: NEVI, for example, is apportioned $1 billion per year through FY 2026 when the program’s funding runs out.”
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“it’s clear by this point that Biden’s big-spending dreams were hamstrung by bureaucracy and red tape, much of which was included in the bills themselves or in administration guidelines.”