Electric cars just got a huge boost from the federal government

Sean Gallup/Getty Images
The Obama administration said 28 states, utilities, vehicle manufactures, and electric vehicle charging firms have agreed to work together to jump start the additional electric vehicle charging stations. General Motors, BMW, and Nissan are among the vehicle manufacturers helping lead the initiative.
Charging corridors are typically spaced approximately 50 miles apart along highways in locations with access to restaurants, rest stops, or shopping centers.
The initiative comes at a time where competition in the electric car space is mounting. Tesla will release its Model 3 by the end of 2017, adding to its existing electric car line of the Model S and Model X. The Chevy Bolt will also hit dealerships before the end of this year.
BMW is planning to release an electric car in 2021, and Audi and Hyundai are both planning on rolling out an all-electric SUV by 2018. Volkswagen is planning to roll out five electric vehicles by 2020, and Volvo aims to offer at least two all-electric vehicles by 2019.
Mercedes-Benz showed off its electric SUV concept, the EQ, at the Paris Motor Show, with plans to release a production version of the car in 2019.
That doesn't even tap into other segments of the EV space, like electric buses and electric trucks.
There are currently 14,673 electric charging stations in the United States.
NOW WATCH: Everything we know about the Tesla Model 3
A top AI researcher reportedly left Google for OpenAI after sharing concerns the company was training Bard on ChatGPT data
An AI researcher who has been warning about the technology for over 20 years says we should 'shut it all down,' and issue an 'indefinite and worldwide' ban
What is an indictment? What it means for someone to be indicted by a grand jury and why Trump was charged
Amul hikes milk price by ₹2/ltr in Gujarat
GST mop-up rises 13% to ₹1.6 lakh crore in March, second highest collection ever
White House refuses to pay for Twitter's Blue verification: Report
Italy bans ChatGPT, orders investigation over privacy breach
IISc researchers design tiny supercapacitor capable of storing large amount of electric charge