The Biden administration announced a $623 million investment to expand the US charging network for electric vehicles (EVs).

The funding will support the installation of 7,500 new charge ports, focusing on rural and low-income areas, and development of hydrogen fueling stations.

A goal is to create a national network of 500,000 publicly available chargers by 2030.

The Environmental Protection Agency has also announced nearly $1 billion in grants to replace diesel-powered school buses with electric and lower-emitting vehicles.

The Federal Transit Authority is awarding $311 million to 36 community projects, including indigenous-led projects in Alaska and Arizona.

The grants are funded through a $2.5 billion EV allocation in the Bipartisan Infrastructure Law.

The law authorizes up to $108 billion in public transit infrastructure projects, including a $1.7 billion grant program for zero-emission and reduced-cost buses.

The Biden administration's new grant program will fund 47 EV charging and alternative-fueling infrastructure projects in 22 states and Puerto Rico, and construct 7,500 EV charging ports.