Business
EVgo Selected by California Energy Commission for Two Regional Project Proposed Awards to Support CA Rideshare Electrification
Uber and Cruise supported the applications and grants to fund development of 72 new charging stalls in California, enhancing infrastructure access and

About this update from Evgo Inc.
[{"type":"text","content":"\nUber 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\n\n LOS ANGELES--(BUSINESS WIRE)--\nEVgo 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.\n\nIn 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.\n\n“EVgo has long been a leader in fleet ...