EVgo Awarded Grant Funding by State of Pennsylvania to Expand Availability of DC Fast Charging Stations
November 08 2021 - 7:00AM
Business Wire
EVgo expands footprint with leading site hosts
brands in PA including Wawa and Sheetz for convenient high power
fast charging for 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 it was awarded
several grants from the Pennsylvania Department of Environmental
Protection (DEP) to install new high powered 350 kW DC fast
charging stations. These projects are supported by the latest
funding from the Pennsylvania DEP’s Driving PA Forward initiative
and add to the 3 stations and 10 DCFC chargers EVgo has already
energized.
“EVgo is rapidly expanding our network, including in the
Keystone state, thanks in part to the support of the Pennsylvania
DEP through its Driving PA Forward program,” said Jonathan Levy,
Chief Commercial Officer at EVgo. “Locations matter massively when
it comes to charging, and EVgo’s commitment to siting fast charging
where drivers want to stop and shop continues whether you prefer to
get your hoagies at Wawa or your MTOs at Sheetz.”
To date, EVgo has a total of 8 site host partners with
operational stations in Pennsylvania, with host types from retail
centers to pharmacies. EVgo has opened 3 new sites in Pennsylvania
this year alone, with 3 more expected to be operational before the
end of the year, for a total of 20 DCFC chargers. As of November
2021, EVgo’s customer accounts in PA have grown by 140% since 2020,
highlighting the rapid growth of EV adoption in the state. As the
demand for EV charging infrastructure increases, EVgo is prepared
to expand its footprint for all EVs on the market.
Pennsylvania’s Driving PA Forward initiative aims to improve air
quality in Pennsylvania and drive transformation from older,
high-polluting diesel engines to clean transportation technologies.
New engine technologies, like electric, will help significantly
reduce greenhouse gas emissions in the state, and EVgo’s fast
charging network provides the reliable and convenient charging
infrastructure necessary to support the mass adoption of EVs. The
grants were awarded through the Fast Charging and Hydrogen Fueling
Grant Program.
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 68
metropolitan areas across 35 states and more than 300,000 customer
accounts. 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211108005425/en/
For Investors: Ted Brooks, VP of Investor Relations
investors@evgo.com 310-954-2943
For Media: press@evgo.com
EVgo (NASDAQ:EVGO)
Historical Stock Chart
From Jun 2024 to Jul 2024
EVgo (NASDAQ:EVGO)
Historical Stock Chart
From Jul 2023 to Jul 2024