U.S. Department of Transportation Makes More Than $10 Million Available to Kentucky
FRANKFORT, Ky. (WTVQ) – Governor Andy Beshear today announced that Kentucky may receive up to $10,280,470 in grants from the U.S. Department of Transportation (DOT) for fiscal year 2022 to deploy charging infrastructure of electric vehicles.
The money is part of $5 billion available to states over the next five years under the new federal National Electric Vehicle Infrastructure (NEVI) formula program.
“We know electric vehicles are the way of the future, and Kentucky will be at the center of that transition,” Governor Beshear said. “Kentuckians are going to make the batteries for these cars, and that will ensure that we have the infrastructure in place that will allow Kentuckians to drive them and enjoy them.”
Governor Beshear is co-chair of the National Governor’s Association Economic Recovery and Revitalization Task Force, which recently met with auto industry leaders to discuss the growth of the electric vehicle industry and how it can drive job growth and economic development in states that adopt electric vehicle infrastructure. .
Projects eligible for funding under NEVI include:
- The acquisition and installation of EV charging infrastructure to serve as a catalyst for the deployment of such infrastructure and to connect it to a network to facilitate data collection, access and reliability;
- Proper operation and maintenance of electric vehicle charging infrastructure; and
- Sharing data on electric vehicle charging infrastructure to ensure the long-term success of investments.
States must submit an EV infrastructure deployment plan before they can access these funds. A second competitive grant program designed to further increase access to electric vehicle charging across the country, including in rural and underserved communities, will be announced later this year. The Federal Highway Administration will release guidelines on how states can apply for the funding in the coming months.
DOT has also released a Rural Electric Vehicle Charging Toolkit, which is a unique resource for rural communities to plan and implement electric vehicle charging infrastructure projects.
Kentucky is at the hot center of the electric vehicle revolution. Last September, the largest economic development project in state history was announced, with Ford Motor Co. and partner SK Innovation investing nearly $6 billion and creating $5,000 to build the park. BlueOvalSK batteries in Hardin County. The governor said we believe that when the park’s two factories are fully operational, it will be the largest producer of electric vehicle batteries in the country.
Shortly after, Toyota Motor Manufacturing Kentucky, which has been building cars for 30 years at its massive Scott County plant, made its own major electric vehicle announcement. Toyota is investing $461 million to prepare the Georgetown plant for electric vehicles and welcoming about 1,400 temporary workers into permanent, full-time positions.
“These projects are so large that they create their own gravity,” Governor Beshear said. “Companies are looking to come to Kentucky to be part of this electric vehicle revolution, to help us grow the electric vehicle supply chain.”
Last month, the governor said with Kentucky taking the lead in electric vehicles, his budget proposal includes $100 million to begin building its electric vehicle charging station infrastructure. It is using $30.5 million from the General Fund, of which $17 million will respond to state matching to unlock nearly $70 million in federal funding from the new Infrastructure Investment and Development Act. use.