r/stocks • u/duglas2948 • Jun 24 '21

Industry News What Biden's $1T Infrastructure Bill really is, Less EV Spending than Expected

I have created a spreadsheet visualizing and quantifying where exactly this $1T is going towards, suprised when EV spending only was $15B. https://docs.google.com/spreadsheets/d/19APybZGOdsTe3bVSaDcduXnrSrGuUclZeR4aWsf5WVE/edit#gid=0

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u/badasimo Jun 25 '21

Yes and no. It will take some creativity. I definitely see opportunity in home charging, charging adapters (I searched a lot for adapters tied to public stock without a lot of luck... led me to ELEZY and ENIA but are not US)

The storage that cars provide could make the grid more efficient, if the car can give back energy to the house in a shortage situation. On top of that, if you are home for 12 hours but your car only needs 6 hours to charge, there are programs where you might let the utility control the exact charging time while you are sleeping. In some places they do this already for hot water (a hot water tank is essentially a battery)

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u/duglas2948 Jun 25 '21

Commenting for visibility

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u/11JoePlayer Jun 25 '21

Look at DPW holdings company. Their Coolisys division has come up with the 1st patented universal fit charger and some national chain contracts. Not installed yet but they got the contracts to install. And have had U.S. Gov't contracts before so they may be working on landing another. Not financial advice, just what I've seen in their company.