Obama Administration Announces Federal and Private Sector Actions to Accelerate Electric Vehicle Adoption in the United States

Following the US Government's first ever Sustainable Transport Summit, the White House announced series of actions from Federal and state governments and the private sector, and a new framework for cooperation between vehicle manufacturers and power providers.

The most interesting action is to allow electric vehicle charging facilities (including both hardware and software) to access $4.5bn in loan guarantees from the Department of Energy's Loan Program Office.

As an outgoing President, Barack Obama seems to be pressing forward on a number of different fronts, perhaps to secure his legacy. If the turnover of US Presidents was higher perhaps they'd be in a rush to get more done!

That is why, today, on the heels of the United States Department of Energy’s (DOE) first-ever Sustainable Transportation Summit, the Administration is announcing an unprecedented set of actions from the Federal government, private sector, and states, as well as a new framework for collaboration for vehicle manufacturers, electric utilities, electric vehicle charging companies, and states, all geared towards accelerating the deployment of electric vehicle charging infrastructure and putting more electric vehicles on the road.