Major new financing for charging stations, key to the growth of electric vehicles

The electric vehicle charging station is located in the airport parking lot and is used several times a week by area residents, visitors and others who are just passing through and need a quick charge, Timmerman said.

“As battery technology increases and electric vehicles become more popular, the demand for charging stations has increased and will continue to increase,” he said.

Springfield has no plans to use federal funds to add electric charging stations in the city. However, the airport has received federal funding through the Federal Aviation Administration – known as the Zero Emission Vehicle Grant – which helps airports purchase electric vehicles as well as infrastructure and charging equipment. to help reduce air emissions, Timmerman said.

Springfield-Beckley was the first general aviation airport in the nation to receive a ZEV grant through the FAA in 2021. The funding was not used during the installation of BETA Technologies charging stations, a he declared.

Of the $140 million in federal funding coming to Ohio for electric vehicle charging, about 40% will be dedicated to clean energy infrastructure in underserved communities, in line with the Justice40 initiative, according to advice from Clean Fuels Ohio. States must submit an “electric vehicle infrastructure deployment plan” to the federal government by August 1, detailing how they intend to allocate formula funding in a way that ensures “affordable access, reliable and equitable charging of electric vehicles for all users”.

ExploreThe Dayton, Ohio area charged with electric vehicles

Drive Electric Dayton Chapter President Tim Benford charges his electric car at his home in Oakwood. MARSHALL GORBY\STAFF

Credit:

Credit:

Drive Electric Dayton Chapter President Tim Benford charges his electric car at his home in Oakwood. MARSHALL GORBY\STAFF

Credit:

Credit:

The establishment of charging stations along major highways is essential to enable long-distance travel. Benford, who drives a Tesla Model 3, primarily charges his car at his Oakwood home for daily driving, but used freeway-side EV chargers on a recent trip to New Orleans. The Model 3 has a range of around 300 miles.

“That’s the only time you really have to think about charging, the rest of the time you’re plugging in at home,” he said.

However, not being an owner can be a barrier to owning an electric car. Although they can install chargers in apartments, some landlords won’t.

“It’s a lot of trouble, it’s costing them money,” Benford said. “They probably don’t think it’s necessary. But owners need to be prepared, if we want to encourage people to drive and buy electric vehicles, the infrastructure will have to be built in advance.

Last year, several local towns began setting up their own electric vehicle chargers with grants from the Ohio Environmental Protection Agency, mostly in public spaces. The publicly available Level 2 chargers were funded through Ohio’s $3.25 million portion of the Volkswagen Clean Air Act violation settlement, including sites such as Austin Landing, the Dayton Art Institute, Miami Valley Hospital, District of Oregon, Caesar Creek State Park, and Rose Music Center.

AES Ohio has also made $5.1 million in electric vehicle charging rebates available to businesses, apartments, and local and state governments. Tier 2 Loaders can be installed in workplaces, apartment complexes and DC fast chargers must be installed in areas accessible to the public.

“Our smart grid modernization plan supports the adoption of electric vehicle charging,” said AES Ohio spokeswoman Mary Ann Kabel.

ExploreJanuary: Dayton adds more electric vehicle charging points

A total of $140 million is coming to Ohio to develop electric vehicle charging stations over five years. This electric vehicle charging station is located at the intersection of Monument Ave. and Patterson Blvd. JIM NOELKER/STAFF

1 credit

A total of $140 million is coming to Ohio to develop electric vehicle charging stations over five years.  This electric vehicle charging station is located at the intersection of Monument Ave.  and Patterson Blvd.  JIM NOELKER/STAFF

1 credit

A total of $140 million is coming to Ohio to develop electric vehicle charging stations over five years. This electric vehicle charging station is located at the intersection of Monument Ave. and Patterson Blvd. JIM NOELKER/STAFF

1 credit

1 credit

Autotrader.com has reviewed the pros and cons of electric vehicles. Benefits include potentially thousands of dollars in annual savings on gas, oil changes and other maintenance; reduced carbon production; and purchase tax credits. Disadvantages include the distance you can travel on a charge and the time it takes to recharge; higher purchase prices for certain models; and costly battery replacement if you keep the car for a decade.

As gas prices continue to climb, Drive Electric Dayton events have been packed, Benford said, but new consumers interested in buying electric vehicles will likely have to wait. Consumer adoption of electric vehicles has been hampered by a shortage of computer chips. An electric car typically requires twice as many semiconductors as a gasoline-powered vehicle.

Last September, auto industry consultancy AlixPartners predicted that 7.7 million vehicle production units would be lost in 2021, due to this and other supply chain issues. The forecast is up from 3.9 million in May, costing the industry $210 billion worldwide in lost revenue.

“You’re going to have to wait until November if you ordered one today,” Benford said.

Semcorp, a Shanghai-based producer of electric vehicle battery components, plans to invest $916 million in a manufacturing plant in Sidney to manufacture a release film for lithium-ion batteries.

“Ohio absolutely needs to take the lead, so we’re building and driving more electric vehicles,” Benford said.

ExploreStory 2020: Regional planners aim to add public charging stations

A total of $140 million is coming to Ohio to develop electric vehicle charging stations over five years. This electric vehicle charging station is located at the intersection of Monument Ave. and Patterson Blvd. JIM NOELKER/STAFF

1 credit

A total of $140 million is coming to Ohio to develop electric vehicle charging stations over five years.  This electric vehicle charging station is located at the intersection of Monument Ave.  and Patterson Blvd.  JIM NOELKER/STAFF

1 credit

A total of $140 million is coming to Ohio to develop electric vehicle charging stations over five years. This electric vehicle charging station is located at the intersection of Monument Ave. and Patterson Blvd. JIM NOELKER/STAFF

1 credit

1 credit


#Major #financing #charging #stations #key #growth #electric #vehicles

Add Comment