US EV goals will require up to $127B to install 28M chargers by 2030: NREL

55 - 127 is the range given.<p>For public charging they estimate that current commitments are on track:<p>&gt; Existing announcements put the United States on a path to meet 2030 investment needs. This report estimates that a $31–$55-billion cumulative capital investment in publicly accessible charging infrastructure is necessary to support a mid-adoption scenario of 33 million PEVs on the road by 2030. As of March 2023, we estimate $23.7 billion of capital has been announced for publicly accessible light-duty PEV charging infrastructure through the end of the decade,8 including from private firms, the public sector (including federal, state, and local governments), and electric utilities.

$127B on chargers...<p>China can build high speed rail at $20M per mile. If we actually built the lines instead of just political graft we could build 6350 miles of high speed rail for that price. That is coast to coast rail 2.5 times.<p>EVs also increase road wear and tear by a large factor, since they are so heavy. Trains have much lower wear and tear maintenance costs.<p>If you couple this with some densification by removing zoning, the health savings alone from people walking more would pay for high speed rail.<p>But no we will build 28M electric chargers for cars instead.

For a comparable figure, in 2022, Congress approved $113B in aid to Ukraine.

$4,500 per charger+install isn&#x27;t too bad, considering the material and labor costs.

That&#x27;s only $21B a year until 2030. Pretty cheap, considering you can wipe a good chunk of carbon emissions and get cleaner air in the bargain. Plus less dependency on foreign energy sources.

The Apollo space program cost $200B (in today&#x27;s dollars)

This is good opportunity for do business on chargers or on installation.<p>So for right person, right question, how to defend investments.

i think that for such a noble cause we can easily afford two weeks of fed money printing

The miracle of capitalism is that if there&#x27;s a mass demand for something, it somehow just appears. I&#x27;m sure private investors can pony up $127 billion within a few years if there&#x27;s profit to be made.