President Joe Biden is allocating $105 billion to the U.S. Department of Transportation as part of his recently released $5.8 trillion budget proposal for fiscal year 2023.
This includes projects for independent vehicle repair shops related to vehicle safety, autonomous vehicles, electric vehicle deployment, and emissions reductions.
The budget also includes $49.8 million for the National Highway Traffic Safety Administration’s (NHTSA) Vehicle Safety Research program as well as advanced driver assistance systems (ADAS) and automated driving systems (ADS) research.
Biden is also allocating $1 billion in advance appropriations to the Federal Highway Administration (FHWA). To work with the newly formed Joint Office of Energy and Transportation, this funding is to implement a new National Electric Vehicle Infrastructure (NEVI) Formula Program that will assist states in creating a network of convenient, affordable, reliable, and equitable electric vehicle charging stations along the Interstate Highway System to build designated Alternative Fuel Corridors.
Of the FHWA budget, $400 million will be used to implement a Charging and Fueling Infrastructure Grants Program to further increase electric vehicle charging access throughout the country through competitive grants, and $1.3 billion for the Carbon Reduction Program to provide formula grants to states to reduce transportation emissions.
To read the U.S. Department of Transportation Budget Highlights, click here.
