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Revel nabs $60M in New York state funding to build more EV chargers

As President Donald Trump attempts to freeze funding for a $5 billion federal EV charging infrastructure program, some states are stepping up. EV charging

The fund’s involvement is a signal both that NY is committed to electric vehicles, and that debt lenders are beginning to see EV charging infrastructure as a returnable investment. “In support of the transition to a clean energy economy, it is critical that we continue to build electric vehicle infrastructure to ease the shift to EV ownership for more New Yorkers, especially those in urban areas,” New York Governor Kathy Hochul said in a statement. Previously, she covered social media for Forbes.com, and her work has appeared in Bloomberg CityLab, The Atlantic, The Daily Beast, Mother Jones, i-D (Vice) and more.

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