An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
EVgo Selected by California Energy Commission for Proposed Awards of $3.6M in Grant Funding to Build More Fast Charging Infrastructure for Multi-Family Housing Residents
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
EVgo Inc. has been selected for proposed awards totaling $3.6M from the California Energy Commission for the REACH grants, aimed at deploying new high-powered fast chargers near multi-family housing. This initiative will provide discounted rates for local residents and enhance access to EV charging for underserved communities. The project addresses the needs of over 6 million Californians living in apartment buildings, promoting adoption of electric vehicles. EVgo aims to increase infrastructure access for low-income individuals and communities with fewer charging options.
Positive
Secured proposed awards for $3.6M from the California Energy Commission.
Expansion of high-powered fast chargers will enhance EV access for multi-family housing residents.
Discounted charging rates for local community residents support affordability.
Addresses the needs of over 6 million Californians living in apartments.
Negative
None.
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 the company was selected for proposed awards for two new California Energy Commission (CEC) Reliable, Equitable, and Accessible Charging for multi-family Housing (REACH) grants totaling $3.6M. These funds will be used to deploy new high-powered direct current fast chargers (DCFC) near multi-family housing (MFH) units. In addition, local community residents will be eligible for discounted EVgo rates as part of the project.
“EVgo is thrilled to work with the California Energy Commission to keep making it easier for more drivers to go electric with wider access to convenient, reliable and affordable EV charging solutions,” said Cathy Zoi, CEO at EVgo. “There are more than 6 million Californians1 like me who live in apartment buildings, and fast charging nearby is key for us to drive EVs. By partnering with the state on these grants, we can go even further to pair infrastructure for everyone with incentives for nearby residents of underserved and impacted communities – ensuring equitable access to these resources for all.”
In November 2021, the CEC released a grant solicitation and application package entitled “Reliable, Equitable, and Accessible Charging for multi-family Housing (REACH)” as part of its Clean Transportation Program. The solicitation was an offer to demonstrate replicable and scalable business and technology models for large-scale deployment of electric vehicle (EV) charging infrastructure capable of maximizing access and EV travel for multi-family housing (MFH) residents, from DCFC nearby those residents to level 2 (L2) chargers in and around the residential buildings themselves. The solicitation defined MFH as residential properties with multiple dwelling units, but excluded single-family dwellings (detached), duplexes, triplexes, townhomes, and mobile homes. Projects under the REACH grant must include charger installations that will benefit and be used by MFH residents within disadvantaged communities, low-income communities, or a combination of both.
“Forth is excited to partner with EVgo in providing outreach and education to communities in California to help increase awareness and understanding of the benefits and availability of electric transportation solutions in their neighborhoods,” commented Jeff Allen, Executive Director, Forth. “Equitable and convenient access to charging infrastructure is a key element of expanding widespread adoption of electric transportation and is a central tenet of our work.”
As part of EVgo’s commitment to Electric for All, EVgo integrates the EPA’s EJ Screening Tool – an environmental justice mapping and screening tool based on nationally consistent data -- to identify potential site locations that can increase infrastructure access for low-income individuals, people of color and underserved communities, as these communities tend to have the fewest charging options while experiencing greater impacts of pollution. Public charging options, and fast charging in particular, can help mitigate this disconnect while fueling the transition to electric by servicing more densely populated areas. In 2021, EVgo achieved its goal to increase such access to charging each quarter and reached a PM2.5 EJScreen demographic score of 51% for its chargers – meaning a majority are within a ten-minute drive of areas with high particulate matter (PM2.5) levels in the air. Today, the company is developing new benchmarking strategies to improve equity and access to its solutions.
For more information around the locations of fast charger’s within EVgo’s charging network, visit www.evgo.com.
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. As of the end of the first quarter 2022, with more than 850 charging locations, EVgo’s owned and operated charging network serves over 60 metropolitan areas across more than 30 states and approximately 375,000 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.
