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EVgo Receives First Shipment of Build America, Buy America 350kW High-Power Fast Chargers from Delta Electronics
EVgo and Delta’s shared commitment to onshoring the supply chain for high-power DC fast charging resulted in expedited delivery of National Electric Vehicle
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[{"type":"text","content":"\nEVgo and Delta’s shared commitment to onshoring the supply chain for high-power DC fast charging resulted in expedited delivery of National Electric Vehicle Infrastructure-eligible equipment\n\n\n LOS ANGELES--(BUSINESS WIRE)--\nEVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that it received the first-ever shipment of 350kW fast chargers from Delta Electronics that are manufactured according to Build America, Buy America Act (BABA) standards. Delivered from Delta Electronics’ recently opened factory in Plano, Texas, this first shipment marks a milestone in developing the robust domestic supply chain needed to support the rapid growth in EV adoption across the U.S. and unlock funding through the National Electric Vehicle Infrastructure (NEVI) Formula Program. Delta has delivered 10 chargers to date, and EVgo expects to receive additional 350kW BABA-compliant chargers from Delta Electronics later this year.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230911483041/en/EVgo Receives First Shipment of 350kW Chargers from Delta Electronics Built to Build America, Buy America Act Standards (Photo: Business Wire)\nThrough close collaboration, EVgo and Delta accelerated the manufacturing timeline for the domestically produced 350kW fast charger, resulting in the first delivery months ahead of the originally scheduled date. The Bipartisan Infrastructure Law, signed into law by President Biden in 2021, created $7.5 billion in funding for EV charging stations. This 350kW equipment is manufactured to meet BABA standards issued by the Federal Highway Administration, which is required for any charging stations that receive federal funding. To date, EVgo and its eXtend partners have been selected for millions in preliminary awards from NEVI programs in Ohio, Colorado, and Pennsylvania.\n\n\n“As states award their initial round of NEVI funding, the arrival of EVgo’s first batch of BABA fast chargers—with incredible speed for onshoring—signals both a tremendous moment for domestic charger manufacturing and for additional public funding opportunities as more states announce their awards,” said Dennis Kish, COO of EVgo. “EVgo and Delta share a commitment to developing a resi...