EVgo Bags USD 13.8 Mn Funding to Deploy 20 Fast Charging Stations from DriveOhio

“Fast charging deployments are poised to scale at unprecedented rates thanks to the public-private partnerships strengthened by NEVI, and states like Ohio are leading the way, said Cathy Zoi, CEO at EVgo. Thanks to our long operational history and our blue ribbon partnerships on both our owned and operated network and through our eXtend business, we are well-positioned to deliver the fast charging infrastructure needed by states like Ohio. We thank the state for selecting us and our eXtend partners as we continue to expand our network to meet the growing demand for charging in the Buckeye State.”

Ohio is one of the first states to announce awards from the NEVI program, which was established following the passage of the Bipartisan Infrastructure Law and includes over USD 5B in formula funding that applicants will be able to unlock to build EV charging infrastructure nationwide.

Over the next five years, DriveOhio will release over USD 100 million in NEVI funds to further support EV charging infrastructure deployment across the state. In this first tranche, DriveOhio awarded more than USD 18 million in NEVI funds for 27 new EV charging stations along key corridors, including I-70, I-71, I-74, I-75, I-76, I-77, and I-90.