The Biden administration has introduced a new rule aimed at expanding access to electric vehicle chargers and providing tax credits for clean transportation equipment installations across the U.S. The proposed rule allows for individual tax credits of up to $1,000 and business credits up to $100,000 for the installation of clean transportation equipment. These credits will be targeted towards low-income and non-urban areas, making about two-thirds of the U.S. eligible for the incentives. Additionally, the incentives cover clean fuel infrastructure investments, including hydrogen refueling, benefiting communities exposed to vehicle pollution near warehouses. The rule builds on previous guidance by enabling tax credits per individual charging port installed, as opposed to a single credit for multi-port projects. It also includes provisions for prevailing wage, apprenticeship requirements, and treatment of multiple properties as a single project under certain conditions. Environmental advocates believe that these incentives, alongside other initiatives such as the public charger network funded by the bipartisan infrastructure law, will accelerate the transition to clean vehicles. The Biden administration has set ambitious EV goals, aiming for 50% of new car sales to be electric by 2030 and launching a 500,000-public-charger network. Public comments on the proposal will be accepted until Nov. 18, with the Department of Treasury willing to hold a public hearing upon request.