EVgo and MHX, LLC Partner to Power Class 8 Electric Truck Fleet
October 27 2022 - 7:00AM
Business Wire
First partnership between the companies will
provide MHX with charging infrastructure, on-site fleet management
and 24/7 support via EVgo Optima™ and EVgold™ at site in
California
EVgo Inc. (NASDAQ: EVGO) (EVgo), a leader in fleet
electrification and owner and operator of the nation’s largest
public fast charging network for electric vehicles (EVs), today
announced a partnership with MHX, LLC, a full-service logistics
operator in California, providing a unique transload and
transportation service which partners in moving product via truck,
rail, or ocean vessel, to support MHX’s first-ever fleet
electrification project. The collaboration will begin with the
deployment of EVgo fast charging infrastructure at MHX’s location
in Fontana, California, which will be backed by 24/7 customer
support as well as innovative fleet charging and management
capabilities through EVgo Optima™ and EVgold™ solutions. The
project will feature high-power 350kW fast chargers, capable of
serving six vehicles simultaneously.
MHX has a fleet of 60+ flatbed trucks, which complement their
strategically placed facilities throughout California, and will
soon add 10 new Kenworth T680E Class 8 electric heavy-duty trucks.
The new fleet of electric trucks will charge at the company’s
Fontana, CA location, supporting its local clients in addition to
operations at their Carson, CA facility offering Port Services out
of the Port of Los Angeles/Long Beach, where they handle local dray
for break bulk commodities along with devanning and heavy weight
corridor access for container movements. This project is partially
funded by the California Energy Commission’s (CEC) Energy
Infrastructure Incentives for Zero-Emission Commercial Vehicles
(Energiize) grant program and the South Coast Air Quality
Management District-Mobile Source Air Pollution Reduction Review
Committee (SCAQMD-MSRC) grant program.
“As we explored bringing electric trucks into our fleet, we knew
how important charging was to make that conversion a reality, and
that an experienced partner was needed to help us navigate both the
short- and long-term considerations to ensure a successful
transition,” said Alex Nicholas, VP of Operations at MHX. “Our
collaboration with EVgo goes beyond access to charging stations but
rather a full suite of technology solutions and tools to empower
MHX to streamline our transition to an electrified fleet.”
EVgo Optima™, a smart cloud-based fleet charging software, is
designed to allow fleet partners like MHX to effectively manage
time of use (TOU) rates to mitigate peak demand charges while
simultaneously ensuring their vehicles are sufficiently charged and
operational when needed. Through EVgold™, MHX can also take
advantage of EVgo’s premiere operations and maintenance service
offering, featuring a service level agreement-based uptime
guarantee, ongoing monitoring, and 24/7 customer support.
“Fleet electrification is a complex undertaking, especially for
Class 8 trucks, and EVgo has pioneered value-adding technologies
like EVgo Optima to help fleet partners make the switch to save
money and the environment,” said Jonathan Levy, Chief Commercial
Officer at EVgo. “We look forward to powering MHX’s first foray
into clean transportation and demonstrating why our combination of
charging solutions make EVgo a partner-of-choice for fleets across
the country.”
The Advanced Clean Truck (ACT) rule, which requires truck makers
to sell an increasing number of zero-emission trucks, has been
adopted by six states to date – California, Massachusetts, New
Jersey, New York, Oregon, and Washington – with more expected to
adopt sales requirements in the next year. As fleets transition to
zero-emission vehicles to meet ACT requirements, EVgo’s turnkey
solutions can provide fleet managers with the tools to operate
electrified medium-and heavy-duty fleets.
For more information about EVgo fleet charging solutions, visit
www.evgo.com/charging-solutions/evgo-fleet-solutions/.
About EVgo
EVgo (Nasdaq: EVGO) is a leader in charging solutions, building
and operating the infrastructure and tools needed to expedite the
mass adoption of electric vehicles for individual drivers,
rideshare and commercial fleets, and businesses. Since its founding
in 2010, EVgo has led the way to a cleaner transportation future
and its network has been powered by 100% renewable energy since
2019 through renewable energy certificates. As the nation’s largest
public fast charging network, EVgo’s owned and operated charging
network features over 850 fast charging locations – currently
serving over 60 metropolitan areas across more than 30 states – and
continues to add more DC fast charging locations through EVgo
eXtend™, its white label service offering. EVgo is accelerating
transportation electrification through partnerships with
automakers, fleet and rideshare operators, retail hosts such as
grocery stores, shopping centers, and gas stations, policy leaders,
and other organizations. With a rapidly growing network, robust
software products and unique service offerings for drivers and
partners including EVgo Optima™, EVgo Inside™, EVgo Rewards™, and
Autocharge+, EVgo enables world-class charging experience where
drivers live, work, travel and play.
Forward-Looking Statements
This press release contains “forward-looking statements” within
the meaning of the "safe harbor" provisions of the United States
Private Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as
"estimate," "plan," "project," "forecast," "intend," "will,"
"expect," "anticipate," "believe," "seek," "target" or other
similar expressions that predict or indicate future events or
trends or that are not statements of historical matters. These
forward-looking statements are based on management’s current
expectations or beliefs and are subject to numerous assumptions,
risks and uncertainties that could cause actual results to differ
materially from those described in the forward-looking statements.
These forward-looking statements include, but are not limited to,
express or implied statements regarding EVgo’s future financial
performance, increased EV adoption, and the deployment of chargers
in connection with and the anticipated benefits of the
collaboration with MHX, LLC. These statements are based on various
assumptions, whether or not identified in this press release, and
on the current expectations of EVgo’s management and are not
predictions of actual performance. There are a significant number
of factors that could cause actual results to differ materially
from the statements made in this press release. See “Risk Factors”
in EVgo’s Annual Report on Form 10-K filed with the SEC on March
24, 2022, as well as its other filings with the SEC, copies of
which are available on EVgo’s website at investors.evgo.com, and on
the SEC’s website at www.sec.gov. All forward-looking statements in
this press release are based on information available to EVgo as of
the date hereof, and EVgo does do not assume any obligation to
update the forward-looking statements provided to reflect events
that occur or circumstances that exist after the date on which they
were made, except as required by applicable law.
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