The development marks a significant shift away from the current fragmented system where automakers and charging networks use proprietary authentication solutions and cannot communicate with each other.
These projects look to improve facilities for advanced vehicle production, make the recycling of batteries more efficient and help states modernize their manufacturing systems.
In addition to expanding EV charging infrastructure along one of the busiest corridors in the country, the four-state coalition will build a skilled workforce and develop support services to advance the adoption of zero-emission trucks along this corridor.
The Illinois EPA estimates that this funding could support the replacement of up to 40 diesel-powered transit buses with zero-emission, all-electric alternatives.
The Treasury estimates that EV owners could save between $18,000 and $24,000 over a 15-year vehicle lifespan compared to gasoline vehicles, with fuel costs being the largest contributor to these savings.