TeraWatt Infrastructure’s I-10 electric corridor project application, in partnership with the New Mexico Department of Transportation (NMDOT), will receive a $63.8 million federal grant through the U.S. Department of Transportation's Charging and Fueling Infrastructure Grant program, created by the Bipartisan Infrastructure Law and administered by the U.S. Department of Transportation and Federal Highway Administration (FHWA).
"This grant award is one of many actions taken by the Biden Administration to accelerate the transition to zero-emission transportation and will enable an accelerated buildout of the I-10 corridor to meet growing demand for charging,” said Neha Palmer, TeraWatt's CEO and Co-Founder.
TeraWatt's I-10 electric corridor project, from the Port of Long Beach in Los Angeles, California, to El Paso, Texas, will help construct two EV charging centers for medium and heavy-duty commercial electric vehicles in Lordsburg and Vado, New Mexico.
Each site will have nine pull-through stalls and serve as crucial links within TeraWatt's I-10 corridor project. The sites will be able to provide about 300 truck charges per day upon completion.
While TeraWatt's award is explicitly for the New Mexico region, the FHWA awarded a total of 47 projects nationwide with approximately $623 million in funding to accelerate the transition to zero-emission vehicles across light-, medium-, and heavy-duty vehicle segments.
"These investments through the CFI Program will grow our national EV charging network, support President Biden's goals of achieving net-zero emissions for the nation by 2050, and promote opportunity for all Americans to enjoy the benefits of EV charging,” said Federal Highway Administrator, Shailen Bhatt.