EVgo announces $12.7M in preliminary awards during Q3

EVgo announced it has been selected for more than $12.7M in preliminary awards from a variety of funding sources across California, Colorado, and Pennsylvania, including utilities, air districts, state energy offices, and state departments of transportation via the National Electric Vehicle Infrastructure NEVI formula program during the third quarter of 2023. In total, these new awards will support the buildout of more than 150 fast charging stalls. Since announcing in July 2023 that EVgo and its eXtend partners were awarded more than 75% of funds in Ohio’s NEVI program, EVgo and its eXtend partners have been selected for more than $4.3 million in additional NEVI awards; this includes more than $1.5 million in Colorado supporting the construction of 14 stalls, and more than $2.8 million in funding in Pennsylvania supporting the construction of 18 stalls. To date, EVgo and its eXtend partners have been selected for approximately 20% of awarded NEVI funds, with additional announcements expected before the end of the year. All EVgo and eXtend stations to be built along corridors with NEVI funding will feature high-power 350kW fast charging to help EV drivers power up quickly and get back on the road.