New York City Administration Invests $ 750 Million in Electric Vehicle Infrastructure

New York City Administration Invests $ 750 Million in Electric Vehicle Infrastructure

July 18, 2020 0 By autotimesnews

This was announced today by the Governor of the city Andrew Cuomo.

The New York City Administration is set to provide a $ 750 million investment to equip 50,000 electric car charging stations throughout New York City. At the same time, about 700 million will be allocated by municipal companies, and the rest of the funds will be provided by Volkswagen as part of a fine for “diesel gate”.

It is worth noting that this time New York followed Florida, where it had previously allocated $ 9 million to expand charging stations. And while electric vehicle sales account for only 2% of total cars, the US government hopes that the developed infrastructure will spur motorists to buy green vehicles.

By the way, a small power reserve from one charge is almost the main disadvantage of buying an electric car. Tesla has just recently updated its software, bringing the range to 600 kilometers.