S. 2653: Recharge your Electric Car on the Highway to Alleviate Range Gaps Effectively Act

This bill, designated as the "Recharge your Electric Car on the Highway to Alleviate Range Gaps Effectively Act" or the "RECHARGE Act", aims to amend federal law to allow the installation and use of electric vehicle (EV) charging stations at rest areas located along the Interstate System. Here’s a breakdown of the main provisions of the bill:

1. Electric Vehicle Charging Infrastructure

The bill proposes that the Secretary of Transportation will allow electric vehicle charging infrastructure for passenger automobiles to be set up at rest areas along the Interstate system, despite current regulations that may restrict such installations.

2. Restrictions on Commercial Activities

While allowing charging stations, the bill explicitly states that no commercial activities may take place on the rights-of-way of the Interstate System, except for activities directly related to the charging of electric vehicles.

3. Amendments to Existing Law

The bill will make certain amendments to existing laws:

• Modifications will be made to the congestion mitigation and air quality improvement program to mention natural gas vehicle refueling stations instead of electric vehicle stations.
• Changes will be made in the Moving Ahead for Progress in the 21st Century Act, eliminating references to electric vehicle battery charging stations.

4. No Change in Congressional Intent

Lastly, the bill clarifies that no provision within this act suggests any change to the existing authority of the President or federal agencies regarding infrastructure management defined under current laws.

Relevant Companies

• TSLA (Tesla, Inc.): Tesla may benefit directly from the increase in electric vehicle charging infrastructure, as it is a leading EV manufacturer.
• CHPT (ChargePoint, Inc.): ChargePoint designs and operates electric vehicle charging networks, so increased access to charging stations could positively impact their business.
• BLNK (Blink Charging Co.): Similar to ChargePoint, Blink focuses on EV charging solutions, and the bill may provide more opportunities for deployment of their services at rest areas.