The Biden administration on Friday issued guidance that makes much of the country eligible for tax credits intended to offset the cost of installing electric vehicle chargers. The initiative aims to make it more affordable for Americans to deploy electric vehicle chargers, which will need to be widely available for the United States to meet the Biden administration’s goal of having electric vehicles make up half of new car sales by 2030. Before Friday’s guidance, it had been unclear which areas could qualify for the tax credit. The Treasury Department opted to make a broad set of locations eligible, covering much of the country outside of major cities. Qualified areas cover roughly two-thirds of the U.S. population, Ashley Schapitl, a Treasury Department spokeswoman, said in a statement.

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Persons: Biden, Ashley Schapitl Organizations: Biden, Treasury, Treasury Department Locations: United States