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The Biden administration's goal is within the next five and a half years to produce half a million electric

vehicle charging stations across the United States. They've allocated seven and a half

billion dollars for it but they're a little behind schedule if they want

500,000 stations by 2030.

Transportation Secretary Pete Budge joined Margaret Brennan on CBS's face the nation

to discuss the abominable return on investment. the The Federal Highway Administration says only seven or eight charging stations have been produced with a seven and a half billion investment that taxpayers made back in 2021.

Why isn't that happening more quickly?

So the President's goal is to have half a million chargers up by the end of this decade.

Now in order to do a charger, it's more than just plunking a small device into the ground.

There's utility work and this is also really a new category of federal

investment. But we've been working with each of the 50 states. Every one of them is getting

formula dollars to do this work, engaging them and the first handful, again by 2030, 500,000

chargers and the very first handful of chargers are now already being physically built.

You heard that correctly. No, she didn't mean to say seven or

eight thousand. She meant seven or eight. And if you can count all of these

charging stations using your fingers, why are we unsure which it is, seven or

eight?

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