General Motors and EVgo today announced plans to triple the size of EVgo’s public fast charging network by adding more than 2,700 new fast chargers over the next five years. The new EVgo fast charging stations will be available to customers beginning in early 2021. This partnership is not related to GM’s announcement in 2019 that they would be partnering with Bechtel to build out a fast-charging network across the US.
The stations will have 100-350-kilowatt capabilities to support the growing number of electric vehicles coming to market that can charge at higher rates. According to the joint GM and EVgo press release, most of the new locations will be able to charge at least four vehicles simultaneously.
The new fast charging stations will be located in both urban city locations and suburbs, providing increased charging access to drivers who live in multi-family dwellings and can’t install chargers, or might not have access to workplace charging. EVgo CEO Cathy Zoi shared that this partnership with GM would be focused on urban locations and specifically targeting the needs of apartment dwellers and ride-share and food delivery drivers.
We are seeing an increase in people who live in apartments and ride-share drivers needing convenient fast charging.”Cathy Zoi, CEO – EVgo
This approach to markets and locations builds on EVgo’s existing portfolio of more than 800 station locations across the United States that are installed at grocery stores, retail outlets, entertainment centers and other high-traffic locations. According to EVgo, 115 million Americans already live within a 15-minute drive of an EVgo fast charging station and they have 200,000 customers in 66 markets.
The GM and EVgo initiative will focus on 40 key metropolitan areas, which were not announced, but the two companies will provide more specific details on their plans in the coming weeks. In response to a reporter’s question about underserved markets during the press briefing, Barra cited that California, the state with the highest adoption of EVs, still needs more charging infrastructure, but mentioned that Florida, Texas, and Illinois are key growth opportunities.
EVgo is just behind Tesla’s Supercharger network with 807 DCFC locations versus 830 for Tesla as of June 30, 2020 according to my analysis using data from the Alternative Fuels Data Center. EVgo is about 70 locations ahead of ChargePoint but has about 1.8 times the locations as Electrify America, the Volkswagen-funded network launched from the Dieselgate scandal.
Where EVgo falls behind is in the actual number of fast charging connections, with 1,338, putting them in fourth place and at well less than 1/5th the number of Tesla Supercharger connections. Electrify America and ChargePoint have been averaging an additional few hundred DCFC connections the last few years, so at an average of 530 new connections over the next 5 years, EVgo could surpass both of those networks around 2022-2023.
EVgo has one of the lowest ratios of charging connections at 1.7 per location, less than half the 3.8 industry average ratio in the US. It also is well behind Tesla’s industry leading 9.6 connections per location. We can hope that many of these new EVgo locations will have at least 8 connections per location. A higher number of connections at a location provides additional confidence to EV drivers that there will be an available and working station upon arrival at a location.
In response to my question to EVgo’s PR team, I received the following quote:
Customers need more locations in and around where they live, and providing a mix of charger locations with four, six, eight or more connections allows EVgo and GM to meet market needs.”– Jonathan Levy, senior vice president of business development at EVgo
“We know how important the charging ecosystem is for drivers, one that includes access to convenient and reliable public fast charging,” said Mary Barra, GM Chairman and CEO. “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.”
The new EVgo fast chargers will be powered by 100 percent renewable energy, and in 2019, EVgo became the first North American charging company to contract for 100 percent renewable energy to power its chargers.
GM and EVgo would not share specifics on the dollars that would be invested, but they will leverage private investment and government grant and utility programs to help fund these 2,700 additional DC fast chargers. Zoi shared that EVgo is in active conversations with Congress to include investment and incentives in the COVID-19 stimulus package.
Any indication on the number of new locations or the number of new connections on existing locations.
The use of the three descriptors “Fast Chargers”, Fast Charging Stations””, “charging connectors” makes this a bit confusing.
Sorry to be sceptical, but it is in my nature.
Martin, if you do the math from my charts – 1,338 existing connections + 2,700 new connections that = 4,038 connections and 3.0 increase.
Since their current average is 1.7 connections per location, but they are talking about as many as 4, 6, 8+ at these new locations – if we take an average of say 5 connections at the new locations, that would equal 540 new locations.
And yes, I agree the terminology is confusion – which is why I use “connections” and locations” – because “stations” can easily interpreted either way.
In the Electric Revs announcement they say it would nearly triple the size of EVgo network.
In that case it are connectors and with 4 or more connectors per station, it is less than 700 locations in 5 year.
A very welcome addition, but not Earth shattering.
It is less than EVgo, Chargepoint, or Tesla build in the last 5 year.
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