Vermont Gets $9M Federal Funding to Expand EV Charging

The road to widespread electric vehicle (EV) adoption depends on more than car sales it requires a reliable charging network. Vermont, after briefly losing access to federal funds, has now successfully reinstated $9 million in National Electric Vehicle Infrastructure (NEVI) program funding. This funding is aimed at building high-speed chargers in key communities, reinforcing the state’s push toward clean transportation.

What Happened

• Vermont reapplied and regained eligibility for $9 million in NEVI funds.

• The funds will support EV charger buildouts across 11 communities identified as strategic for accessibility and equity.

• NEVI is part of a nationwide program to accelerate public EV charging infrastructure, especially along major travel corridors.

• The reinstatement follows a temporary setback where Vermont was flagged for compliance issues, delaying disbursement.

  
  

Why It Matters

1. Federal-State Synergy: This reinstatement shows how closely state-level progress depends on federal funding streams.

2. Market Stability: Businesses investing in EV fleets, dealerships, and charging providers gain confidence that infrastructure will keep pace with consumer adoption.

3. Equity and Access: Vermont’s focus on 11 communities highlights efforts to avoid “charging deserts” and ensure broad access to EV infrastructure.

4. Planning Urgency: With the federal EV tax credit ending September 30, 2025, infrastructure expansion becomes even more critical to sustain adoption momentum.

   
   

Implications for CPAs and Businesses

• Fleet Operators: Companies planning EV transitions can better model fueling costs with confirmed charging investments.

• Developers and Investors: The NEVI program provides incentives for public-private partnerships in charging infrastructure.

• Advisors: CPAs should help clients evaluate whether new state or federal credits tied to EV infrastructure investments can be layered onto NEVI benefits.

  
  

Looking Ahead

As federal incentives shrink in some areas (like the expiring EV purchase credit), infrastructure funding becomes even more important for sustaining adoption. Vermont’s reinstated $9 million is a modest amount compared to larger states, but it signals the federal government’s commitment to national network expansion. More states may follow suit in seeking additional NEVI allocations.

Stay Ahead of Federal and State IncentivesF

rom purchase credits to infrastructure funding, EV-related tax policies are evolving quickly.

👉 Try Bizora today to track real-time tax updates and help your clients make smarter investment decisions.