Congress Passes Biden’s Infrastructure Bill

November 16, 2021 09:35:10

President Joe Biden recently scored his first major win in the White House after the U.S. House of Representatives passed his gargantuan $1.2 trillion infrastructure bill. The historic bill, which allocates billions of dollars to electric vehicles (“EVs”) and public charging infrastructure, passed the Senate in August and is now headed to Biden’s desk for his signature.

The nascent electric vehicle industry and ancillary sectors will be major beneficiaries, with the bill earmarking $7.5 billion for the development of a nationwide network of charging stations. Furthermore, $65 billion will be invested in clean energy and renewables…

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