EVCS Secures $100 Million in Public Funding to Add DC Fast Chargers on the West Coast
EVCS will expand its EV charging network to more than 1,200 DC Fast chargers across California, Oregon, and Washington
Los Angeles, CA - March 19, 2024 -- EVCS, one of the largest electric vehicle (EV) fast-charging networks on the West Coast, is excited to announce securing commitments for more than $100 million in public funding. The funding will support the development, installation, and operation of more than 500 new DC Fast chargers across California, Oregon, and Washington. With this milestone, the EVCS public charging network will expand into more than 70 new cities, surpassing 1,200 DC Fast chargers in total.
The new chargers will be located at strategic destinations such as gyms, hotels, libraries, and entertainment centers, including at select sites for LA Fitness, Hilton Hotels & Resorts, Wyndham Hotels & Resorts, Marriott International, and Town and Country Resort. Construction will begin in 2024 and will continue through 2026. This next phase of network expansion will further emphasize EVCS’ success in matching charging supply with current and future demand, ensuring optimal utilization.
"We are thrilled and honored to receive this funding, which is a testament to EVCS’ strong and ongoing commitment to work collaboratively with public agencies to advance electric mobility in California, Oregon, and Washington," said Gustavo Occhiuzzo, CEO of EVCS. "The addition of more than 500 publicly available DC Fast chargers on the West Coast will help accelerate EV adoption by enhancing access to reliable, affordable, and convenient charging."
As electric vehicle adoption continues to grow, DC Fast charging will play a crucial role in supporting EV drivers who don’t have access to home charging. By strategically placing chargers at destination locations, in strong partnership with public agencies and local communities, EVCS strives to make public charging a ubiquitous solution for mass EV adoption. Furthermore, consistent with its mission to support the transition to clean transportation, EVCS will continue to ensure that all its chargers are powered by 100% renewable energy.
About EVCS:
EVCS was founded in 2018 and has quickly become one of the largest and fastest-growing electric vehicle fast-charging networks on the U.S. West Coast. EVCS is committed to leading the electric transportation revolution by rapidly expanding access to fast, affordable, reliable, and conveniently located public EV charging. Powered by 100% renewable energy, EVCS is disrupting the mobility industry through a turn-key approach that utilizes public and private funding sources to accelerate the installation of fast charging stations. EVCS has secured private and public funding to install, own, and operate more than 1,200 chargers across over 250 public and private site hosts, including Fortune 500 companies and underrepresented communities. In addition, EVCS offers EV drivers flexible subscription charging plans. This includes unlimited charging plans designed for gig and high-mileage drivers, with significant potential savings. For more information, visit www.evcs.com.
EVCS Fast Charging Network to Use 100% Renewable Energy (Newsire)
One of the most common criticisms foisted on the electric mobility industry is that EVs are not technically carbon neutral since the electricity needed to power them is generated through fossil fuels, including coal and natural gas. This argument is not without merit and presents those of us in the EV infrastructure sector with yet another lofty goal – true carbon neutrality through electrical grids powered by renewable energy sources like wind and solar. And our most recent press release discusses how we at EVCS are doing just that.
EVCS Secures Credit Facility with Macquarie Group (Newswire)
We recently employed PR firm Firecracker to help us get the word out about all of the wonderful things EVCS is doing to make an all-electric future a reality. One major step toward this goal was our securing a credit facility that would allow for accelerated expansion of EV infrastructure, giving us confidence that the financial support required would be available when we needed it. Our PR team then went to work, drafting the following press release that outlines the particulars of this momentous achievement:
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