US Department of Energy had announced on wednesday that it is release sum of $5 Million to install EV charging stations at the San Francisco Bay Area for charging Electrical Vehicles.
The $5 million will cover the installation of 50 fast-charging EV stations along highways, 2,000 public stations for public parking lots and participating company-owned parking lots, and 3,000 residential charging stations.
Approval for the funds came through last week from the Bay Area Air Quality Management District Board of Directors, a panel that oversees air quality concerns for the nine counties that make up the Bay Area. The funds will be distributed as grant money as part of its "Spare the Air" program.
"In the Bay Area, the transportation sector accounts for more than 50 percent of air pollution. Significant emission reductions from the transportation sector will help the Bay Area attain and maintain state and national air quality standards," the board said in a statement.