Infrastructure Funding Electrifies EV Charging Stocks
From www.barrons.com
2021-11-08 15:53:00
Excerpt:
Electric-vehicle stocks were charged up Monday, riding a wave of optimism after Congress passed a $1 trillion infrastructure package that provides billions of dollars of funding for the EV industry.
The measure passed by the House Friday evening provides $7.5 billion for building a network of electric-vehicle chargers over five years, with the potential for additional funding.
The bill allocates $5 billion to expand EV-charging stations along highways and an additional $2.5…