This despite DHS Secretary Alejandro Mayorkas saying FEMA is broke.

Shares of EVgo Inc. surged the most in more than three years after the electric vehicle charging company received a conditional loan guarantee of up to $1.05 billion from the US Department of Energy to expand its network.

The financing would allow the Los Angeles-based company to build out about 7,500 additional fast charging stalls across the US in states including Arizona, California, Florida, Georgia and Illinois, EVgo said in a statement Thursday.

The Biden administration has pushed to build a 500,000-strong national electric vehicle charging network by 2030. Getting low-cost financing for the build-out of charging infrastructure across the country is considered key to helping increase the adoption of EVs.

Despite Hurricane Helene victims suffering, the Biden-Harris White House continues to push electric vehicles that Americans do not need nor want. The Biden-Harris policy is Ukraine, illegal immigrants, and now electric vehicle company’s needs or wants comes before the lives of Americans.