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Yes, that is a neat trick. > As of July 2024, eight states had opened their first NEVI-funded stations, totaling 61 ports, and powered thousands of charging se
by LooseMarmoset 2y ago
Yes, that is a neat trick.
> As of July 2024, eight states had opened their first NEVI-funded stations, totaling 61 ports, and powered thousands of charging sessions.
As of FY 2024, $2.385 billion had been allocated from the funding. For 61 ports across 4 (four) charging locations. $39M PER PORT.
This, per NEVI's own numbers: https://driveelectric.gov/files/nevi-annual-report-2023-2024.pdf https://driveelectric.gov/files/nevi-annual-report-2023-2024...
I would sure like to see a breakdown in how that 2.3B was spent.
- Dylan16807 2y agoHas it been spent? Allocation is not spending.
- LooseMarmoset 2y agoallocated == money handed out in accounting rules, it's spent money. the notes say that 61 ports have been built from that allocated money. like I said, I would love to see the cost breakdown. is all that allocated money spent? are some projects still being constructed? three years seems like a long time to get 61 ports when you allocated $2B.
- Dylan16807 2y agoI'm more concerned with whether the entities that were handed the money have themselves spent it yet.
- Huppie 2y agoI'll be honest and tell you I didn't look into the specifics of this project. My guess would be that the money is also allocated for an X amount of sites / charging ports still in progress. Or do they only allocate the money after the site is fully operational? If that's the case, I think saying '2B spent for 61 ports' is disingenuous at best.
- Huppie 2y agoYou don't think a (probably significant) portion of that money is allocated to sites that were 'in progress' on July 2024? From what I can tell from the newsletter I get from a big European charging infrastructure provider the lead time of a new charging location tends to be 1 - 2 years depending on the specific location. While I do agree these numbers are disingenuous, looking at politics I definitely see the next administration counting the chargers that will come up past January 2025 to their win list. Oh well, I guess that's politics.