New York Governor Andrew Cuomo on Thursday announced an investment program that would allocate $750 million to build charging stations and other electric-vehicle infrastructure as part of the state’s long-term goal to reduce emissions.

The measure is set to create more than 50,000 charging stations and will largely be funded by the state’s investor-owned utility companies, with the total budget capped at $701 million through 2025.

An additional $48.8 million is allocated from a 2017 settlement with German carmaker Volkswagen AG (VOWG_p.DE) over its diesel emissions cheating scandal to fund electric school and transit buses, as well as charging stations.

New York’s announcement comes on the heels of a similar measure by Florida, which on July 10 announced an $8.6 million investment to expand charging stations.
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