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EVgo Awarded Grant Funding by State of Pennsylvania to Expand Availability of DC Fast Charging Stations
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EVgo Inc. (NASDAQ: EVGO) has received grants from the Pennsylvania Department of Environmental Protection to install new 350 kW DC fast charging stations, expanding its network in the state. This initiative, supported by the Driving PA Forward program, adds to the existing 3 stations and 10 DCFC chargers already operational. EVgo has partnered with popular brands like Wawa and Sheetz, emphasizing convenient charging locations. Customer accounts in Pennsylvania have surged by 140% since 2020, reflecting increased EV adoption.
Positive
Awarded grants from Pennsylvania DEP for new charging stations.
Expansion of charging network in partnership with Wawa and Sheetz.
Customer accounts in Pennsylvania increased by 140% since 2020.
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EVgo expands footprint with leading site hosts brands in PA including Wawa and Sheetz for convenient high power fast charging for customers
LOS ANGELES--(BUSINESS WIRE)--
EVgo 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 awarded several grants from the Pennsylvania Department of Environmental Protection (DEP) to install new high powered 350 kW DC fast charging stations. These projects are supported by the latest funding from the Pennsylvania DEP’s Driving PA Forward initiative and add to the 3 stations and 10 DCFC chargers EVgo has already energized.
“EVgo is rapidly expanding our network, including in the Keystone state, thanks in part to the support of the Pennsylvania DEP through its Driving PA Forward program,” said Jonathan Levy, Chief Commercial Officer at EVgo. “Locations matter massively when it comes to charging, and EVgo’s commitment to siting fast charging where drivers want to stop and shop continues whether you prefer to get your hoagies at Wawa or your MTOs at Sheetz.”
To date, EVgo has a total of 8 site host partners with operational stations in Pennsylvania, with host types from retail centers to pharmacies. EVgo has opened 3 new sites in Pennsylvania this year alone, with 3 more expected to be operational before the end of the year, for a total of 20 DCFC chargers. As of November 2021, EVgo’s customer accounts in PA have grown by 140% since 2020, highlighting the rapid growth of EV adoption in the state. As the demand for EV charging infrastructure increases, EVgo is prepared to expand its footprint for all EVs on the market.
Pennsylvania’s Driving PA Forward initiative aims to improve air quality in Pennsylvania and drive transformation from older, high-polluting diesel engines to clean transportation technologies. New engine technologies, like electric, will help significantly reduce greenhouse gas emissions in the state, and EVgo’s fast charging network provides the reliable and convenient charging infrastructure necessary to support the mass adoption of EVs. The grants were awarded through the Fast Charging and Hydrogen Fueling Grant Program.
About EVgo
EVgo (Nasdaq: EVGO) is the nation’s largest public fast charging network for electric vehicles, and the first to be powered by 100% renewable energy. With more than 800 fast charging locations, EVgo’s owned and operated charging network serves over 68 metropolitan areas across 35 states and more than 300,000 customer accounts. Founded in 2010, EVgo leads the way on transportation electrification, partnering with automakers; fleet and rideshare operators; retail hosts such as hotels, shopping centers, gas stations and parking lot operators; and other stakeholders to deploy advanced charging technology to expand network availability and make it easier for drivers across the U.S. to enjoy the benefits of driving an EV. As a charging technology first mover, EVgo works closely with business and government leaders to accelerate the ubiquitous adoption of EVs by providing a reliable and convenient charging experience close to where drivers live, work and play, whether for a daily commute or a commercial fleet.
What recent developments has EVgo announced in Pennsylvania?
EVgo announced grants from the Pennsylvania Department of Environmental Protection to install new 350 kW DC fast charging stations, expanding its presence in the state.
How much has EVgo's customer base grown in Pennsylvania?
EVgo's customer accounts in Pennsylvania have increased by 140% since 2020.
What partnerships is EVgo leveraging for charging stations in Pennsylvania?
EVgo is partnering with brands like Wawa and Sheetz to enhance the convenience of its charging network.
What is the aim of Pennsylvania's Driving PA Forward initiative?
The Driving PA Forward initiative aims to improve air quality and transition from high-polluting diesel engines to clean electric technologies.
When did EVgo begin expanding its footprint in Pennsylvania?
EVgo has opened 3 new sites in Pennsylvania this year and plans to have 3 more operational by the end of the year.
