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The Obama administration released a plan to accelerate electric vehicle adoption in the U.S., including providing up to $4.5 billion in loan guarantees to support commercial-scale innovative EV-charging facilities.
The plan centers on deployment of electric vehicles and charging infrastructure and will involve both federal and private sector entities. Participants include a group of nearly 50 electric utilities, car manufacturers and the state of California, among other stakeholders.
"By working together across the federal government and with the private sector, we can ensure that electric vehicle drivers have access to charging stations at home, at work, and on the road -- creating a new way of thinking about...