© Reuters. Tennessee Aims to Distribute $88M to Build EV Charging Stations
By Michael Elkins
In Tennessee, a proposal submitted to the federal Joint Office of Energy and Transportation before August 1st outlines plans to spend $88.3 million over 5 years towards charging station grants. The project is part of the National Electric Vehicle Infrastructure Formula Program (NEVI) and the Bipartisan Infrastructure Law (BIL), which includes $7.5 billion nationally being spent on electric vehicle charging station infrastructure.
The state hopes to have approval for the plan by the end of September and aims to finalize the award process by March and then award those grants by June 30.
Grantees will need to pay for 20% of any electric charging station project that receives a grant. Applicants that fit the requirements and are the furthest away from current charging stations could be prioritized.
The grantees will also be required to maintain the stations for a yet-to-be-determined amount of time.