Summary
The Trump administration has suspended the $5 billion National Electric Vehicle Infrastructure (NEVI) program, halting state funding for EV charging stations.
The Federal Highway Administration ordered states to stop spending NEVI funds while reviewing program policies. Critics argue the move may violate federal law, as courts have previously blocked similar funding restrictions.
Trump, a vocal EV opponent, also revoked Biden’s 2030 EV sales target.
While existing projects may continue, new approvals are paused, potentially slowing the expansion of charging infrastructure across the U.S.
This is a net positive for Musk. Tesla already has an established supercharger network, preventing further investment in the Electrify America charging network means Tesla can continue to control the market and prevent competitors from entering without paying Tesla a massive amount in royalties foe the privilege to use NACS superchargers.