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EVgo Selected by State of California for Proposed Awards of $1.7M in Grant Funding for 38 New DC Fast Charging Stalls at 5 Locations

Public-private partnership supporting expanded EVgo deployments across the State, including a new large charging hub in LA LOS ANGELES--(BUSINESS WIRE)--

articleEvgo Inc.December 7, 20214/company/evgo-inc/news/evgo-selected-by-state-of-california-for-proposed-awards-of-dollar17m-in-grant-funding
EVgo Selected by State of California for Proposed Awards of $1.7M in Grant Funding for 38 New DC Fast Charging Stalls at 5 Locations

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[{"type":"text","content":"\nPublic-private partnership supporting expanded EVgo deployments across the State, including a new large charging hub in LA\n\n 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 it was selected for proposed awards for various grants from the California Air Resources Board (CARB) through the Bay Area Air Quality Management District (BAAQMD) to install new high powered direct current fast chargers (DCFC) to help the state meet its transportation electrification goals. The five proposed awards are funded by the California Volkswagen Mitigation Environmental Trust and support the state’s ZEV Action Plan.\n\nPublic funding helps accelerate the deployment of infrastructure to support EV adoption. EVgo currently has more than 330 sites and 820 fast charging stalls across California. This new set of sites will add 5 more fast charging locations, 38 charging stalls, including one large site in Los Angeles with 18 charging stalls enabling more retail drivers and fleets around the city to make the transition to electric vehicles. All of these sites will include power-sharing and power-routing 350kW fast chargers, capable of charging most vehicles up to 80% in 15 to 45 minutes*.\n\n“As a home state company, EVgo thanks CARB and BAAQMD for their leadership in supporting EV adoption and for selecting EVgo for these proposed funding awards,” said Jonathan Levy, Chief Commercial Officer at EVgo. “EVgo has a long track record of successfully partnering with public sector agencies to deploy fast charging, and these new sites will help enable Californians across neighborhoods and income levels take advantage of the benefits of driving electric.”\n\nThe California Volkswagen Mitigation Environmental Trust, which resulted from the dieselgate scandal, allocated $5 million to fund light duty zero-emission infrastructure. A minimum of 50% of the funds are directed to disadvantaged and low-income communities to expand EV charging access across the state. EVgo has a long history of working to install charging infrastructure across California, including the first chargers in Compton and Inglewood, California, and continues to work with local community-based organizations to ensure equal access to EV c...

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