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Electric vehicle update

August 15, 2022

They may not be getting lots of attention, but electric vehicles are gearing up to take a significant bite out of market share in the years ahead.

PennDOT reports that there are now more than 31,000 EVs registered in Pennsylvania, three times the number that were registered in March 2019.

Last month, PennDOT submitted its plan to the federal government for building a network of charging ports across the state. The plan (which can be found at this link) calls for at least 5,000 EV charging ports at 2,000 sites in Pennsylvania by 2028.

PennDOT counts 2,800 public charging ports at more than 1,200 locations across Pennsylvania at present.

The plan was required in order to receive $171.5 million in National Electric Vehicle Infrastructure funds over the next five years. An additional $2.5 billion in grant funding is available as well.

Also tied to the funding is something called the EV Equity Guiding Principles, which states are obliged to follow. They include making EVs more affordable and charging more accessible; investing in fleet electrification; investing in traditionally underserved, low-income, persons of color and otherwise vulnerable population areas; and increasing EV awareness, education and technical capacity.

Vehicle manufacturers across the globe have expressed strong interest in growing the EV market, and advances in battery and charging technology have piqued consumer interest. Prices will become more competitive as the market grows and as environmental standards tighten.

Pennsylvania also must settle in on a system to assure that all vehicle users make a fair contribution to bridge and road construction and maintenance. Currently, EV users do not contribute to paying for the wear and tear on the transportation system.

 

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