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EVgo Opens First Fast Charging Stations Deployed Through Toyota’s “Empact” Vision

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EVgo (NASDAQ: EVGO) and Toyota Motor North America have announced the opening of their first DC fast charging stations in Baldwin Park and Sacramento, California, as part of Toyota's 'Empact' vision. The new co-branded stations feature 350kW fast chargers and can serve up to eight vehicles simultaneously.

The initiative, first announced in April 2023, is part of Toyota's strategy to support underserved communities in transitioning to electrified vehicle transport. The collaboration focuses on three key areas: charging access, affordable mobility solutions, and carbon emission reduction.

The stations are strategically located near amenities like grocery stores, restaurants, and shopping malls. Additionally, EVgo has extended its charging program with Toyota, offering one year of complimentary charging for 2025 Toyota bZ4X battery EV buyers or lessees.

EVgo (NASDAQ: EVGO) e Toyota Motor North America hanno annunciato l'apertura delle loro prime stazioni di ricarica rapida DC a Baldwin Park e Sacramento, in California, come parte della visione 'Empact' di Toyota. Le nuove stazioni co-branded dispongono di caricabatterie rapidi da 350 kW e possono servire fino a otto veicoli contemporaneamente.

L'iniziativa, annunciata per la prima volta nell'aprile 2023, fa parte della strategia di Toyota per supportare le comunità svantaggiate nella transizione verso il trasporto veicolare elettrificato. La collaborazione si concentra su tre aree chiave: accesso alla ricarica, soluzioni di mobilità accessibili e riduzione delle emissioni di carbonio.

Le stazioni sono strategicamente situate vicino a servizi come supermercati, ristoranti e centri commerciali. Inoltre, EVgo ha ampliato il suo programma di ricarica con Toyota, offrendo un anno di ricarica gratuita per gli acquirenti o locatari della Toyota bZ4X elettrica del 2025.

EVgo (NASDAQ: EVGO) y Toyota Motor North America han anunciado la apertura de sus primeras estaciones de carga rápida DC en Baldwin Park y Sacramento, California, como parte de la visión 'Empact' de Toyota. Las nuevas estaciones co-branded cuentan con cargadores rápidos de 350 kW y pueden atender hasta ocho vehículos simultáneamente.

La iniciativa, anunciada por primera vez en abril de 2023, es parte de la estrategia de Toyota para apoyar a las comunidades desatendidas en la transición hacia el transporte de vehículos electrificados. La colaboración se centra en tres áreas clave: acceso a la carga, soluciones de movilidad asequibles y reducción de emisiones de carbono.

Las estaciones están estratégicamente ubicadas cerca de servicios como supermercados, restaurantes y centros comerciales. Además, EVgo ha ampliado su programa de carga con Toyota, ofreciendo un año de carga gratuita para los compradores o arrendatarios del Toyota bZ4X eléctrico de 2025.

EVgo (NASDAQ: EVGO)와 Toyota Motor North America는 캘리포니아의 Baldwin Park와 Sacramento에 첫 번째 DC 고속 충전소를 개설했다고 발표했습니다. 이는 Toyota의 'Empact' 비전의 일환입니다. 새로운 공동 브랜드 충전소는 350kW 고속 충전기를 갖추고 있으며 최대 8대의 차량을 동시에 충전할 수 있습니다.

이 이니셔티브는 2023년 4월에 처음 발표되었으며, 전기차 운송으로의 전환을 지원하기 위한 Toyota의 전략의 일환입니다. 이 협력은 세 가지 주요 분야에 중점을 두고 있습니다: 충전 접근성, 저렴한 이동 수단 솔루션, 탄소 배출 감소.

충전소는 슈퍼마켓, 식당, 쇼핑몰과 같은 편의 시설 근처에 전략적으로 위치해 있습니다. 또한, EVgo는 Toyota와의 충전 프로그램을 확대하여 2025년 Toyota bZ4X 배터리 전기차 구매자 또는 임차인에게 1년 무료 충전을 제공합니다.

EVgo (NASDAQ: EVGO) et Toyota Motor North America ont annoncé l'ouverture de leurs premières stations de recharge rapide DC à Baldwin Park et Sacramento, en Californie, dans le cadre de la vision 'Empact' de Toyota. Les nouvelles stations co-brandées disposent de chargeurs rapides de 350 kW et peuvent servir jusqu'à huit véhicules simultanément.

L'initiative, annoncée pour la première fois en avril 2023, fait partie de la stratégie de Toyota pour soutenir les communautés mal desservies dans la transition vers le transport de véhicules électrifiés. La collaboration se concentre sur trois domaines clés : l'accès à la recharge, des solutions de mobilité abordables et la réduction des émissions de carbone.

Les stations sont stratégiquement situées près d'équipements tels que des supermarchés, des restaurants et des centres commerciaux. De plus, EVgo a élargi son programme de recharge avec Toyota, offrant une année de recharge gratuite pour les acheteurs ou locataires de la Toyota bZ4X électrique de 2025.

EVgo (NASDAQ: EVGO) und Toyota Motor North America haben die Eröffnung ihrer ersten DC-Schnellladestationen in Baldwin Park und Sacramento, Kalifornien, im Rahmen von Toyotas 'Empact'-Vision angekündigt. Die neuen co-branded Stationen verfügen über 350 kW Schnellladegeräte und können bis zu acht Fahrzeuge gleichzeitig bedienen.

Die Initiative, die erstmals im April 2023 angekündigt wurde, ist Teil von Toyotas Strategie, benachteiligte Gemeinschaften beim Übergang zu elektrifizierten Fahrzeugtransporten zu unterstützen. Die Zusammenarbeit konzentriert sich auf drei Schlüsselbereiche: Zugang zu Ladeinfrastruktur, erschwingliche Mobilitätslösungen und Reduzierung der Kohlenstoffemissionen.

Die Stationen befinden sich strategisch in der Nähe von Annehmlichkeiten wie Lebensmittelgeschäften, Restaurants und Einkaufszentren. Darüber hinaus hat EVgo sein Ladeprogramm mit Toyota erweitert und bietet ein Jahr kostenloses Laden für Käufer oder Leasingnehmer des 2025 Toyota bZ4X Batterie-Elektrofahrzeugs an.

Positive
  • Strategic expansion of high-power charging infrastructure with 350kW fast chargers
  • Partnership with major automaker Toyota enhances market presence
  • Revenue potential from new charging stations in high-traffic locations
  • Additional revenue stream from Toyota bZ4X charging program
Negative
  • Significant capital investment required for infrastructure deployment
  • Potential competition from other charging networks in California markets

The companies collaborated on high-power DC fast charger deployment in key markets to increase public charging infrastructure

LOS ANGELES--(BUSINESS WIRE)-- EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest providers of public fast charging infrastructure for electric vehicles (EVs), and Toyota Motor North America, Inc. (“Toyota”) today announced the opening of the first DC fast charging (DCFC) stations in Baldwin Park and Sacramento, California, built through Toyota’s “Empact” vision. The new co-branded stations, owned and operated by EVgo, each serve up to eight vehicles simultaneously and exclusively feature 350kW fast chargers.

EVgo fast charging station in Baldwin Park, CA built through Toyota’s “Empact” vision (Photo: Business Wire)

EVgo fast charging station in Baldwin Park, CA built through Toyota’s “Empact” vision (Photo: Business Wire)

“Availability of charging is essential as consumers consider buying or leasing an EV. As automakers offer more electric vehicle choices, EVgo will continue deploying fast chargers for current and prospective EV drivers,” said Executive Vice President of Growth at EVgo, Scott Levitan. “Collaboration with automakers has been core to our expansion over the last several years, and EVgo is grateful for the continued support from Toyota.”

First announced in April 2023, Toyota’s “Empact” vision aims to aid the transition of underserved communities to a future of electrified vehicle transport as part of Toyota’s broader mission of providing “mobility for all.” The strategy centers on three fundamental areas: access to charging, providing affordable mobility solutions, and reducing carbon emissions. The newly opened stations will help provide convenient access to EV charging for members of the surrounding communities.

“Together with EVgo, we are supporting broader access to charging infrastructure for all battery EV drivers, including those driving Toyota and Lexus BEVs. We aim to ensure that customers find the newly opened stations both convenient and efficient for their charging needs,” said Toyota Motor North America’s General Manager of EV Charging Solutions, James George.

The new stations are located in amenity-rich areas featuring convenient access to grocery stores, restaurants, shopping malls and other activities. In addition to the infrastructure collaboration, EVgo also recently extended its charging program with Toyota that provides one year of complimentary charging for drivers who buy or lease the 2025 Toyota bZ4X battery EV compact crossover sport utility vehicle. Customers can use the Toyota App on their mobile device, which will also help them locate EVgo stations and initiate the complimentary charging offer.

“Toyota and EVgo’s action to bring advanced fast chargers to Sacramento is an important milestone,” said State Senator Angelique Ashby, D-Sacramento. “Fast charging stations provide critical infrastructure that will amplify the use of clean energy transportation across Senate District 8. This initiative is a win for our environment and for the future of sustainable mobility in Sacramento.”

“We are excited to receive a new, EV fast charging station in Baldwin Park, which will support our city’s residents and visitors,” said State Assemblywoman Blanca Rubio, D-Baldwin Park. “Infrastructure investments like this are extremely beneficial to those in the region needing a place to charge their vehicle and a positive step in air quality clean up.”

For more information about the EVgo network, visit www.evgo.com. For more information on Toyota’s electrified vehicle offerings, please visit www.Toyota.com/electrified.

About EVgo

EVgo (Nasdaq: EVGO) is one of the nation’s leading public fast charging providers. With more than 1,100 fast charging stations across over 40 states, EVgo strategically deploys localized and accessible charging infrastructure by partnering with leading businesses across the U.S., including retailers, grocery stores, restaurants, shopping centers, gas stations, rideshare operators, and autonomous vehicle companies. At its dedicated Innovation Lab, EVgo performs extensive interoperability testing and has ongoing technical collaborations with leading automakers and industry partners to advance the EV charging industry and deliver a seamless charging experience.

About Toyota

Toyota (NYSE:TM) has been a part of the cultural fabric in North America for nearly 70 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our more than 1,800 dealerships.

Toyota directly employs nearly 64,000 people in North America who have contributed to the design, engineering, and assembly of nearly 49 million cars and trucks at our 14 manufacturing plants. In spring 2025, Toyota’s plant in North Carolina will begin to manufacture automotive batteries for electrified vehicles. With more electrified vehicles on the road than any other automaker, Toyota currently offers 31 electrified options.

For more information about Toyota, visit www.ToyotaNewsroom.com.

EVgo Contacts

For Investors:

investors@evgo.com

For Media:

press@evgo.com

Toyota Media Contact

Jacob Brown

jacob.brown@toyota.com

Source: EVgo

FAQ

What charging capacity do the new EVgo-Toyota stations offer in California?

The new stations feature 350kW fast chargers and can serve up to eight vehicles simultaneously.

Where are the first EVgo charging stations under Toyota's Empact vision located?

The first stations are located in Baldwin Park and Sacramento, California.

What complimentary charging benefit does EVgo offer for Toyota bZ4X owners?

EVgo offers one year of complimentary charging for customers who buy or lease the 2025 Toyota bZ4X battery EV.

What are the three main focus areas of Toyota's Empact vision?

The vision focuses on access to charging, providing affordable mobility solutions, and reducing carbon emissions.
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