EVgo Expansion in Los Angeles Recognized with 1st Place Leadership Award by Largest Municipal Utility in the Nation

Rhea-AI Summary

EVgo Inc. (NASDAQ: EVGO) won the 1st Place Leadership Award for Level 3 Electric Vehicle Charging from the Los Angeles Department of Water & Power (LADWP) for its DC fast charging expansion in Los Angeles. The company's network grew by 90% in the metro area, showcasing its commitment to supporting California's climate goals.

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• EVgo recognized with 1st Place Leadership Award for Level 3 Electric Vehicle Charging by LADWP, highlighting its commitment to transportation electrification in Los Angeles

• EVgo's network footprint in the Los Angeles metro area expanded by nearly 90% from 2020 to over 550 DC fast charging stalls today, indicating strong growth and support for EV infrastructure

• Collaboration with LADWP and city agencies to streamline EV charging infrastructure deployments in Los Angeles, showcasing a commitment to public access to charging resources

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• None.

Los Angeles Department of Water & Power (LADWP) honored EVgo for its expansion in the Los Angeles area, commitment to transportation electrification at utility’s 9^th Annual Sustainability Awards

LOS ANGELES--(BUSINESS WIRE)-- EVgo Inc. (NASDAQ: EVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that the company was recognized with a first place Leadership Award for Level 3 Electric Vehicle Charging – also known as DC fast charging – by the Los Angeles Department of Water & Power (LADWP). EVgo was honored as part of LADWP’s “Electrification of Transportation” category for its success deploying DC fast charging infrastructure in the Los Angeles metro area, expanding access to public charging in support of the state’s nation-leading climate goals.

EVgo fast charging station in Los Angeles, CA. (Photo: Business Wire)

EVgo’s network footprint has grown by nearly 90% in the Los Angeles metro area, one of the nation’s top markets for electric vehicles, from 293 fast charging stalls at the end of 2020 to over 550 DC fast charging stalls today. Access to public infrastructure is critical for urban areas such as Los Angeles, where, according to a study by UCLA’s Luskin Center, EV drivers residing in multifamily dwellings are more likely to rely on public charging. EVgo has a long history of collaboration with LADWP, including ongoing efforts with the utility and city agencies to streamline deployments of accessible EV charging infrastructure in Los Angeles through permitting and zoning reforms.

“Receiving this recognition from LADWP is a testament to the value and importance of EVgo’s ongoing collaborations with utilities and other entities within the broader EV charging ecosystem,” said Sandeep Jayaram, Executive Vice President of Operations at EVgo. “We look forward to our continued partnership with LADWP to advance the deployment of public EV charging infrastructure and provide access to the much-needed charging resources for EV drivers in the Los Angeles metro region.”

LADWP’s 9^th Annual Sustainability Awards recognized the utility’s customers and partners for their positive environmental impacts achieved throughout 2023. The event celebrated organizations across four categories including Energy Efficiency, Water Conservation, Electrification of Transportation, and Demand Response. Awards were distributed to organizations with first, second, and third place rankings across each category.

To learn more about EVgo’s best practices for EV charging infrastructure deployment, visit www.evgo.com/connect-the-watts. For more information about the EVgo charging network, please visit www.evgo.com.

About EVgo

EVgo (NASDAQ: EVGO) is a leader in charging solutions, building and operating the infrastructure and tools needed to expedite the mass adoption of electric vehicles for individual drivers, rideshare and commercial fleets, and businesses. EVgo is one of the nation’s largest public fast charging providers, featuring over 950 fast charging locations across more than 35 states, including stations built through EVgo eXtend™, its white label service offering. EVgo is accelerating transportation electrification through partnerships with automakers, fleet and rideshare operators, retail hosts such as grocery stores, shopping centers, and gas stations, policy leaders, and other organizations. With a rapidly growing network and unique service offerings for drivers and partners including EVgo Optima™, EVgo Inside™, EVgo Rewards™, and Autocharge+, EVgo enables a world-class charging experience where drivers live, work, travel, and play.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240501120294/en/

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Source: EVgo

FAQ

What award did EVgo receive from LADWP?

EVgo received the 1st Place Leadership Award for Level 3 Electric Vehicle Charging from LADWP.

How much did EVgo's network footprint grow in the Los Angeles metro area?

EVgo's network grew by nearly 90% from 2020 to over 550 DC fast charging stalls.

What collaboration did EVgo have with LADWP and city agencies?

EVgo collaborated with LADWP and city agencies to streamline EV charging infrastructure deployments in Los Angeles.