EVgo Named by GM as a Preferred Provider for EV Fleets
July 15 2021 - 1:00PM
Business Wire
EVgo will plan and deploy EV charging and
infrastructure solutions for GM fleet and BrightDrop
customers
EVgo Inc., (NASDAQ: EVGO), the nation’s largest public fast
charging network for electric vehicles (EVs) and first powered by
100% renewable electricity, today announced that General Motors
Company (GM) has named it a preferred provider for the company’s
Ultium Charge 360 fleet service. With the announcement, EVgo will
deploy comprehensive new charging and infrastructure solutions
specifically for GM fleet and BrightDrop customers; in addition,
these customers can receive program discounts at EVgo’s nationwide
network of more than 800 public fast charging locations.
Automakers around the globe have announced more than $300
billion of EV investments, and just last month, GM, announced its
plans to spend $35 billion through 2025 on EVs and AVs, an increase
of 75% from March 2020 before the COVID-19 pandemic.
Today’s news will help enable a seamless experience as EVgo can
provide one stop shopping for fleet customers looking for charging
solutions from Level 2 charging at the depot to away-from-base fast
charging options. GM’s Ultium Charge 360 fleet service will support
EV fleet electrification for rideshare, delivery, municipal,
autonomous, government and other market segments and includes a
curated, comprehensive offering for fleet customers who are
transitioning to electric vehicles. EVgo’s commitment to powering
EV fleets furthers the joint vision in achieving electrification
for all.
GM tapped EVgo as a preferred provider to leverage its
dedication to innovation and deep expertise in designing, building
and maintaining EV infrastructure across the country, including
dedicated charging services for fleets. Reliability is a key factor
for mission critical fleets, and EVgo maintains uptime of 98%1
across thousands of charging stations. EVgo can help fleet owners
realize electrification’s significant benefits, empowering them to
recognize lower total cost of ownership, meet emerging regulations
and lead on corporate sustainability.
Through the GM Ultium Charge 360 service, EVgo will offer GM
fleet and BrightDrop customers turnkey fleet solutions tailored to
meet their unique and diverse needs, from fleet transition planning
to equipment provisioning, infrastructure deployment, dedicated
depots, integrated software solutions and ongoing operations and
maintenance.
This announcement is the latest in a series of joint milestones
for the two companies. In July 2020, GM and EVgo announced plans to
accelerate widespread EV adoption by adding more than 2,700 fast
chargers in markets across the country through 2025. In April, the
companies brought the first stations online in California, Florida
and Washington.
“As fleets and fleet managers transition to an all-electric
future, empowering them with convenient and integrated charging
solutions will be critical to expanding this key market segment. GM
and EVgo are building on their relationship and will provide
solutions for on-the-go to depot charging helping to ensure drivers
have access to EVgo’s public charging network, making it easy for
fleet drivers to charge when and where they need to,” said Alex
Keros, Lead Architect, EV Infrastructure, General Motors.
“EVgo and GM both know how important it is to electrify
fleets—for the economic benefit of fleet managers and for the
planet,” said EVgo CEO Cathy Zoi. “As a preferred charging
solutions provider for GM’s new fleet program. We will continue to
provide fleet operators with the charging solutions from L2 through
350kW charging they need to go electric at scale.”
About EVgo
EVgo (NASDAQ: EVGO) is the nation’s largest public fast charging
network for electric vehicles, and the first to be powered by 100%
renewable energy. With more than 800 fast charging locations,
EVgo’s owned and operated charging network serves over 65
metropolitan areas across 34 states and more than 250,000
customers. Founded in 2010, EVgo leads the way on transportation
electrification, partnering with automakers; fleet and rideshare
operators; retail hosts such as hotels, shopping centers, gas
stations and parking lot operators; and other stakeholders to
deploy advanced charging technology to expand network availability
and make it easier for drivers across the U.S. to enjoy the
benefits of driving an EV. As a charging technology first mover,
EVgo works closely with business and government leaders to
accelerate the ubiquitous adoption of EVs by providing a reliable
and convenient charging experience close to where drivers live,
work and play, whether for a daily commute or a commercial
fleet.
_______________________________ 1 Based on EVgo network data
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of Investor Relations investors@evgo.com 310-954-2943
For Media: press@evgo.com
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