EVgo Selected by California Energy Commission for Two Regional Project Proposed Awards to Support CA Rideshare Electrification
March 23 2022 - 8:01AM
Business Wire
Uber and Cruise supported the applications and
grants to fund development of 72 new charging stalls in California,
enhancing infrastructure access and increasing EVgo network
utilization amongst rideshare drivers
EVgo Inc. (NASDAQ: EVGO), a first mover in fleet electrification
and owner and operator of first electric vehicle (EV) network
powered by 100% renewable electricity, today announced that the
company was selected for proposed awards for two California Energy
Commission (CEC) Charging Access for Reliable On-Demand
Transportation Services (CARTS) grants to directly support its
partnership with Uber. Using the proposed award funds of over
$3.6M, EVgo will develop twin public fast charging hub sites
featuring 72 charging stalls -- including 38 designated for public
use -- within Los Angeles and the Bay Area. As part of this
program, all four of the new charging sites will feature fast
charging up to 350 kW, ultimately aiding EVgo and Uber in their
shared mission to electrify the rideshare industry and provide
enhanced access to public EV fast charging infrastructure in
rideshare-dense regions within California and beyond.
In August 2021, the California Energy Commission (CEC) released
a grant solicitation and application package entitled “Charging
Access for Reliable On-Demand Transportation Services (CARTS)”
under the Clean Transportation Program, designed to provide funding
for projects that support EV charging infrastructure for on-demand
transportation services including those such as ride-hailing,
taxis, and more. The proposed awarding of two CARTS grants builds
upon EVgo’s previously announced partnership with Uber, which is
designed to support the adoption of EVs in the rideshare industry
by decreasing their total cost of ownership through increasing
access to public fast charging infrastructure. With the proposed
funds from the CEC, EVgo will build 72 new fast charging stalls in
rideshare-dense and ethnically diverse areas within Los Angeles,
San Francisco and San Leandro. 38 of the new fast charging stalls
will be open for public use in high-mobility demand zones and the
balance will be dedicated to fleet vehicles, helping support more
equitable access to charging infrastructure and reducing local
pollution from high mileage vehicles.
“EVgo has long been a leader in fleet electrification through
partnership, and in partnership with the CEC, Uber, and fleets,
EVgo looks forward to continuing to build on our commitment to
delivering EV fast chargers that benefits different drivers and
communities across the country,” said Jonathan Levy, Chief
Commercial Officer at EVgo. “This direct support from the
California Energy Commission will help accelerate the deployment of
fast charging that benefits fleets and retail drivers alike, making
going electric a no brainer whether you’re operating a commercial
fleet or don’t even have a car!”
“Climate is a team sport, and these projects between EVgo, the
California Energy Commission, and Uber are a win-win-win,” said
Adam Gromis, Uber’s Head of Sustainability Policy. “Together, we’ll
increase access to more affordable urban fast-charging solutions in
the areas where drivers most need them, increase passengers’
exposure to EV technology via more all-electric rides on Uber, and
drive real emissions savings for Californians.”
As part of the company’s grant application for CARTS, EVgo
garnered letters of support from industry partners including Uber
and Cruise, an autonomous vehicle (AV) company with operations in
California. By prioritizing the electrification of rideshare
vehicles alongside access to affordable charging, EVgo, with Uber’s
support, plans to use the funds to decarbonize higher-utilization
drivers while providing greater exposure to EVs for riders. This
comes as California begins implementation of the Clean Miles
Standard, which aims for 90% of ride-hail vehicle miles traveled be
zero emissions by 2030. On EVgo’s network, high utilization drivers
inherit the benefit of 100% renewable energy powering every mile
charged, further accelerating the decarbonization of the
transportation sector. In addition, as Uber is committed to
building a zero-emissions rideshare platform in all regions of
operation by 2040, the development of new EV charging
infrastructure supports its shared mission with EVgo to further
incentivize EV purchases, increase access to EV charging
infrastructure and expedite the electrification of the rideshare
industry at scale.
For more information around the locations of fast chargers
within EVgo’s charging network, visit www.evgo.com.
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 850 charging locations, EVgo’s
owned and operated charging network serves over 60 metropolitan
areas across more than 30 states and approximately 340,000 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.
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For Investors: Ted Brooks, VP of Investor Relations
investors@evgo.com 310-954-2943
For Media: press@evgo.com
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