EVgo Receives First Shipment of Build America, Buy America 350kW High-Power Fast Chargers from Delta Electronics

EVgo and Delta’s shared commitment to onshoring the supply chain for high-power DC fast charging resulted in expedited delivery of National Electric Vehicle Infrastructure-eligible equipment

LOS ANGELES – September 11, 2023 – EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that it received the first-ever shipment of 350kW fast chargers from Delta Electronics that are manufactured according to Build America, Buy America Act (BABA) standards. Delivered from Delta Electronics’ recently opened factory in Plano, Texas, this first shipment marks a milestone in developing the robust domestic supply chain needed to support the rapid growth in EV adoption across the U.S. and unlock funding through the National Electric Vehicle Infrastructure (NEVI) Formula Program. Delta has delivered 10 chargers to date, and EVgo expects to receive additional 350kW BABA-compliant chargers from Delta Electronics later this year.

Through close collaboration, EVgo and Delta accelerated the manufacturing timeline for the domestically produced 350kW fast charger, resulting in the first delivery months ahead of the originally scheduled date. The Bipartisan Infrastructure Law, signed into law by President Biden in 2021, created $7.5 billion in funding for EV charging stations. This 350kW equipment is manufactured to meet BABA standards issued by the Federal Highway Administration, which is required for any charging stations that receive federal funding. To date, EVgo and its eXtend partners have been selected for millions in preliminary awards from NEVI programs in Ohio, Colorado, and Pennsylvania.

“As states award their initial round of NEVI funding, the arrival of EVgo’s first batch of BABA fast chargers—with incredible speed for onshoring—signals both a tremendous moment for domestic charger manufacturing and for additional public funding opportunities as more states announce their awards,” said Dennis Kish, COO of EVgo. “EVgo and Delta share a commitment to developing a resilient supply chain here in America, and this collaboration showcases the companies’ capability to deliver the high-quality, high-power fast chargers we need to meet the growing demand for fast charging across the country.”

“We are very pleased with our close cooperation with EVgo and are proud that we have achieved our commitment faster than expected,” said Kelvin Huang, President of Delta Electronics Americas Region. “Our Plano facility’s successful deployment of the BABA-compliant 350kW EV charger serves as a testament to our proficiency in meeting customers’ requirements through local assembly. Our collective efforts will not only accelerate the expansion of fast charging across the nation but also contribute significantly to the realization of a sustainable society, a core objective Delta ardently strives for.”

In addition to its work to onshore its supply chain, EVgo is also actively working with its suppliers to help ensure future chargers will integrate the North American Charging Standard (NACS), which is currently making its way through standards bodies.

For more information about the EVgo charging network, visit www.evgo.com.

News Source:EVgo