Climate Change Crisis Real Impact I Acquisition Corp. SPAC Merger Partner, EVgo, Reports Achieved 250K Customer Milestone

Author: Benzinga Newsdesk | May 05, 2021 07:32am

EVgo (the "Company"), the nation's largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today celebrated a new growth milestone as the Company has achieved over 250,000 customers on its charging network nationwide. The customer growth arrives on the heels of key partnership announcements and business updates from EVgo as it supports widespread EV adoption and accelerates its network expansion.

"The most important part of the transformation to electric transportation are the people behind the wheel," said Cathy Zoi, CEO of EVgo. "EVgo is thrilled to celebrate 250,000 customers choosing EVgo's convenient and reliable fast charging services. As EV sales skyrocket across America, we look forward to serving even more drivers as they go about their daily lives: shuttling kids to sports, buying groceries, or for professional drivers, getting a quick charge between deliveries or after an airport drop-off."

Every EVgo customer, from Members and Pay-as-You-Go customers to delivery and rideshare drivers, are all part of a rapid shift to EV adoption. EVgo is leading the way with industry-leading 98% uptime on its chargers, strategically located in retail locations and other attractive areas, ensuring we are delivering a reliable and convenient service to all customers and serving as a key enabler to our customer growth.

Evidencing its recent network and customer expansion, EVgo has made the following announcements since the start of this year:

Commissioned first fast charging stations from landmark EV charging infrastructure collaboration with GM with new stalls commissioned in Washington, Florida, and California. Under the partnership with GM, EVgo will triple its network with the development of more than 2,700 new fast chargers by the end of 2025.
Unveiled a partnership with Meijer, a Midwestern retailer, to install EV charging stations at its supercenters.
Announced that the Nissan Energy Perks by EVgo program, a partnership between EVgo and Nissan to build and promote fast charging stations across the country, reached 6,000 members in March and recently celebrated the opening of public fast chargers supported by the partnership in Washington, D.C. and Maryland.
Announced plans to deploy more than 400 integrated Tesla connectors at its existing stations, with an additional 200 connectors reserved for new stations planned for 2021 in key cities. The expansion of its offering will enable Tesla drivers to charge at more EVgo stations across the country.
Awarded grants to support the development of new fast chargers in New Jersey and Pennsylvania.

The promise of a clean, all-electric future of transportation includes economic, environmental, and national security benefits. EVgo has been helping avoid greenhouse gas (GHG) emissions since the deployment of the network's first urban fast chargers more than a decade ago. Since the Company's inception, EVgo has powered more than 282 million zero-emission miles, saving more than 12.5 million gallons of gas and reducing 114,000 metric tons of CO2, based on the US Environmental Protection Agency's (EPA) GHG equivalencies calculator.

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