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EVgo Applauds LADWP Commercial Electric Vehicle Charging Rates and Streamlined Development Processes and Accelerates Construction of New Fast Charging Stations Within LADWP Territory
EVgo working with Los Angeles Department of Water and Power to expand existing network of 140+ stations in LA region and expedite infrastructure development
About this update from Evgo Inc.
[{"type":"text","content":"\nEVgo working with Los Angeles Department of Water and Power to expand existing network of 140+ stations in LA region and expedite infrastructure development\n\n LOS ANGELES--(BUSINESS WIRE)--\nEVgo Inc. (NASDAQ: EVGO), a first mover in fleet electrification and owner and operator of the nation’s largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, will accelerate construction of new EV charging sites — in addition to the 18 sites already live within LADWP’s territory — further solidifying its place as the largest network of public fast charging stations in Los Angeles.\n\nEVgo’s expanded site pipeline builds on recent major efforts by the Los Angeles Department of Water and Power (LADWP) to streamline and accelerate installation and commissioning of EV charging stations in order to support the transition to EVs and meet the state’s ambitious policy goals. This effort, adopted through a motion by the Department’s Commissioners at the October 12th Board Meeting and introduced by Board President Cynthia McClain-Hill, comes on the heels of the department’s introduction of a pilot commercial EV charging rate designed to incentivize charging infrastructure development just weeks prior.\n\n“We can see the EV future in our rearview mirrors, and it’s coming up fast. L.A. must be ready, and that means we must ensure that there’s a fast-charging infrastructure that’s built to meet the needs of everyday motorists and business commercial fleets,” said Cynthia McClain-Hill, LADWP Board of Commissioners President. “Some say we have less than a decade to get this job done. Our public hearing with EV industry leaders was an incredible opportunity for us to gain from a deep-dive, holistic review of the state of LADWP’s transportation electrification initiatives; to understand our successes and pain-points and to comprehend what needs to happen, and when, to dramatically decarbonize our local transportation sector through the broad use of EVs.”\n\nAccording to the California Energy Commission (CEC), the state of California will need 1.2 million electric vehicle chargers for passenger cars by 2030, as well as an additional 150,000 chargers to support electric-powered buses and trucks. The new pilot commercial EV charging rate introduced by LADWP will help meet these ambitious state goal...