Mercedes-Benz selects Wolfspeed’s silicon carbide devices to power future EVs
Wolfspeed CEO Gregg Lowe discusses the company’s partnership with Mercedes-Benz and the future of the electric vehicle market on ‘The Claman Countdown.’
The Biden administration announced $2.5 billion in new grants on Tuesday toward the construction of electric vehicle charging stations and alternative fueling infrastructure.
The move was aimed, in part, at increasing access in underserved neighborhoods and communities. The grants also have an emphasis on highway chargers.
Under the Charging and Fueling Infrastructure Discretionary Grant Program, the money will be given over a five-year period.
The Department of Transportation said it was a "key step" toward President Biden's goals of building a national network of 500,000 public EV charging stations and reducing national greenhouse gas emissions by 50%–52% by 2030.
HONDA ACCORD MOVING OUT OF OHIO HOME AFTER 4 DECADES TO MAKE ROOM FOR EVS