EV Sales Growth Slows, Funding Challenges
This is a NEVI news story, published by CNBC, that relates primarily to Level 3 news.
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Science
Trump's war on Biden's climate policy is creating a new form of EV range anxiety

83% Informative
Ownership of electric vehicles continues to rise in the U.S. , with nearly six million battery electric vehicles and plug-in hybrids currently on the road.
There are 68,000 public and private Level 3 (fastest) and Level 2 EV charging stations across the country, each with one or more individual ports, for a total of around 266,000 ports.
Federal Highway Administration suspends NEVI program.
The NEVI freeze created confusion among state DOTs, especially as to whether the approved funds will be allocated.
A federal judge blocked the president's hold on congressionally approved funds obligated to state agencies and governments.
For EV charging companies, all of the EV companies' shares have been under considerable pressure.
ChargePoint , EVgo and Blink say they don't rely on NEVI funding.
Tesla is the second -largest recipient of NEVI funds, granted more than $41 million for 99 sites.
Several companies have declared bankruptcy or gone out of business this year .
The fate of the EV charging companies remains to be seen.
VR Score
85
Informative language
84
Neutral language
53
Article tone
formal
Language
English
Language complexity
61
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
5
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