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First in sequence of charging stations leveraging accelerated deployment strategy designed to scale back set up timelines and prices
EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Firm”), one of many nation’s largest public quick charging networks for electrical autos (EVs), at this time introduced the opening of its first quick charging station deployed utilizing the Firm’s new prefabrication strategy. Situated on the Bay Colony City Heart in League Metropolis, TX, this EVgo station is the primary of a number of slated to open this 12 months leveraging prefabrication, which is anticipated to scale back station building prices by a median of 15% at eligible websites.
With EVgo community throughput rising 5 occasions quicker than the rise in EVs in operation (VIO) within the fourth quarter of 2023, the prefabrication strategy permits EVgo to scale extra rapidly to satisfy drivers’ demand for handy and dependable charging choices. Along with value financial savings, the prefabrication strategy can also be anticipated to scale back station set up timelines by as a lot as 50%.
“The opening of our first prefabricated website is a testomony to the innovation driving value reductions and accelerating deployment timelines to scale our development engine,” stated Dennis Kish, President of EVgo. “As demand for public quick charging infrastructure continues to develop, we anticipate leveraging this mannequin at eligible websites to rapidly deploy charging stations throughout the U.S.”
Exterior of Texas, EVgo plans to open prefabricated stations in Florida, Nebraska, North Carolina and California in 2024. All prefabricated stations are anticipated to incorporate 350kW high-power quick chargers, able to simultaneous charging. The prefabrication mannequin can even incorporate many options that elevate the EV driver buyer expertise, together with Wi-Fi infrastructure, lighting and safety cameras, and built-in canopies.
EVgo’s prefabricated strategy is made potential with help from companions corresponding to WB Engineers+Consultants, Miller Electrical, and others.
For extra details about the EVgo quick charging community, go to www.evgo.com.
About EVgo
EVgo (NASDAQ: EVGO) is a pacesetter in electrical automobile charging options, constructing and working the infrastructure and instruments wanted to expedite the mass adoption of electrical autos for particular person drivers, rideshare and industrial fleets, and companies. EVgo is without doubt one of the nation’s largest public quick charging suppliers, that includes over 950 quick charging areas throughout greater than 35 states, together with stations constructed via EVgo eXtend™, its white label service providing. EVgo is accelerating transportation electrification via partnerships with automakers, fleet and rideshare operators, retail hosts corresponding to grocery shops, buying facilities, and gasoline stations, coverage leaders, and different organizations. With a quickly rising community and distinctive service choices for drivers and companions together with EVgo Optima™, EVgo Inside™, EVgo Rewards™, and Autocharge+, EVgo permits a world-class charging expertise the place drivers reside, work, journey and play.
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