U.S. will spend $900 million to build electric car charging stations

U.S. President Joe Biden announced $900 million to build a network of electric vehicle charging stations in 35 states.

This is part of his administration’s ambitious program to have 50 percent of cars sold in the U.S. run on electricity by 2030.

“The great American ride will be all-electric,” Biden said, speaking at the North American International Auto Show in Detroit, Mich.

The money will come from $7.5 billion allocated under the Infrastructure Development Act of 2021, which would build a national network of 500,000 electric vehicle charging stations.

The law also provides $7 billion to maintain a network of critical minerals supplies for electric vehicle batteries and $10 billion for clean passenger and school buses.