Atlas Public Policy research shows that to achieve 100 percent passenger electric vehicle sales by 2035 and put the nation on the path to full electrification, over $87 billion in investments in charging infrastructure will be needed over the next decade, including $39 billion for public charging.
The need for consistent charging access throughout the country is essential to enable widespread electric vehicle adoption. Public charging infrastructure investments have emerged as a critical gap, however, since the direct revenue from providing these services often does not cover the costs of installation and operation of the equipment. The Atlas analysis demonstrates what would be required to fully fund public charging infrastructure (see figure below). The analysis also found that achieving 100 percent passenger electric vehicle sales by 2035 will require installation of an estimated 495,000 public and workplace charging ports, a finding similar to the 500,000 EV chargers called for in the American Jobs Plan.
