- General Motors Company (NYSE: GM) and EVgo announced that they have signed a partnership with a goal of tripling the size of the nation’s largest public fast-charging network by adding over 2,700 new fast chargers over the next five years
General Motors Company (NYSE: GM) and EVgo announced that they have signed a partnership with a goal of tripling the size of the nation’s largest public fast-charging network by adding over 2,700 new fast chargers over the next five years. This move is expected to help accelerate widespread electric vehicle adoption.
The two companies are planning to add fast-charging stations to cities and suburbs thus unlocking new EV customer segments and providing increased charging access to drivers who live in multi-unit homes, rent their homes and cannot install chargers, or might not have access to workplace charging.
“We are moving quickly to bring new EVs to market that customers will love,” said GM Chairman and CEO Mary Barra, . “We know how important the charging ecosystem is for drivers, one that includes access to convenient and reliable public fast charging. Our relationship with EVgo will bolster the public fast-charging network available to EV customers ahead of increased market demand and reinforce our commitment to an all-electric, zero-emissions future.”
Customers are going to have access to some of the fastest charging capabilities at the places they regularly frequent such as grocery stores, retail stores, and entertainment centers. And with fast charging available where people typically spend at least 15 minutes, customers will be able to charge their vehicles in the time it takes to run their errands. This approach is building on the success of EVgo’s existing portfolio of over 800 station locations across the US.
The new EVgo fast charging stations will be deployed starting early 2021. And stations will be located in highly visible areas and most will be able to charge at least four vehicles simultaneously. Plus the stations will feature new charging technology with 100-350-kilowatt capabilities.
Along with the commitment to reaching a zero-emissions future, the new EVgo fast chargers will be powered by 100% renewable energy.