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EVgo Selected by California Energy Commission for Proposed Awards of $3.6M in Grant Funding to Build More Fast Charging Infrastructure for Multi-Family Housing Residents
LOS ANGELES--(BUSINESS WIRE)-- EVgo Inc. (NASDAQ: EVGO), the nation’s largest public fast charging network for electric vehicles (EVs) and first powered by
About this update from Evgo Inc.
[{"type":"text","content":" LOS ANGELES--(BUSINESS WIRE)--\nEVgo 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 the company was selected for proposed awards for two new California Energy Commission (CEC) Reliable, Equitable, and Accessible Charging for multi-family Housing (REACH) grants totaling $3.6M. These funds will be used to deploy new high-powered direct current fast chargers (DCFC) near multi-family housing (MFH) units. In addition, local community residents will be eligible for discounted EVgo rates as part of the project.\n\n“EVgo is thrilled to work with the California Energy Commission to keep making it easier for more drivers to go electric with wider access to convenient, reliable and affordable EV charging solutions,” said Cathy Zoi, CEO at EVgo. “There are more than 6 million Californians1 like me who live in apartment buildings, and fast charging nearby is key for us to drive EVs. By partnering with the state on these grants, we can go even further to pair infrastructure for everyone with incentives for nearby residents of underserved and impacted communities – ensuring equitable access to these resources for all.”\n\nIn November 2021, the CEC released a grant solicitation and application package entitled “Reliable, Equitable, and Accessible Charging for multi-family Housing (REACH)” as part of its Clean Transportation Program. The solicitation was an offer to demonstrate replicable and scalable business and technology models for large-scale deployment of electric vehicle (EV) charging infrastructure capable of maximizing access and EV travel for multi-family housing (MFH) residents, from DCFC nearby those residents to level 2 (L2) chargers in and around the residential buildings themselves. The solicitation defined MFH as residential properties with multiple dwelling units, but excluded single-family dwellings (detached), duplexes, triplexes, townhomes, and mobile homes. Projects under the REACH grant must include charger installations that will benefit and be used by MFH residents within disadvantaged communities, low-income communities, or a combination of both.\n\n“Forth is excited to partner with EVgo in providing outreach and education to communities in California to help increase awareness and understanding of t...