U.S. President Joe Biden announces the release of 1 million barrels of oil per day for the next six months from the U.S. Strategic Petroleum Reserve, as part of administration efforts to lower gasoline prices, during remarks in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, U.S., March 31, 2022. REUTERS/Kevin LamarqueU.S. President Joe Biden announces the release of 1 million barrels of oil per day for the next six months from the U.S. Strategic Petroleum Reserve, as part of administration efforts to lower gasoline prices, during remarks in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, March 31, 2022.

The Biden administration wants to build a network of 500,000 electric vehicle charging stations by the year 2030.

The proposal on minimum standards will help establish the groundwork for states to build charging station projects that are accessible to all drivers regardless of the location, EV brand or charging company.

The transportation sector is one of the biggest contributors to US greenhouse gas emissions. The administration wants 50% of electric vehicle sales to be sold in the US by the year 2030.

The White House has a plan to allocate $5 billion to states to fund EV charging stations. $7.5 billion was included in the bipartisan infrastructure legislation to build a national network of EV charging stations.

Pete Buttigieg, transportation secretary, said during a call with reporters on Wednesday that everyone deserves a chance to benefit from electric vehicles.

Buttigieg said that they are paying attention to the quality of the EV charging stations. Everyone should be able to find a charging station that works.

The standards will ensure a unified network of charging points with similar payment systems. Real time information on station pricing and location is mandated by the rule. Stations would have to have a minimum number of charging points.

The Energy Secretary said that they are tackling range anxiety and vehicle charging deserts by making sure that charging stations are easy to access.

The U.S. is the third largest market for electric vehicles. According to a 2020 Consumer Reports study, drivers of electric vehicles spend less on fuel each year.

The White House wants to give more money to consumers who bought electric vehicles built by unionized workers. The federal fleet of 600,000 cars and trucks will be transitioned to electric power by the end of the 20th century.

The proposed rule is going to be published in the Federal Register.

There's a tech that allows drivers to charge their cars.