GOP plan calls for nearly $1 trillion over eight years EV concession is a fraction of Biden’s $174 billion plan Plug-in EVs hit record 3.6% market share in US in March US Senate Republicans have made a small concession allowing some spending for electric vehicles as part of the massive infrastructure package, but their $4 billion EV proposal is only 2% of what the Biden administration wants to spend to electrify transportation. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Accelerating EV adoption would curb the largest US source of greenhouse gas emissions and cut US gasoline demand, which the Energy Information Administration projects will average 8.7 million b/d in 2021. The latest GOP counteroffer, announced May 27, calls for $928 billion in spending over eight years, up from $568 billion over five years in their first proposal. The EV concession and $14 billion […]