EVgo Accelerates with EV Model Introductions to Expand Nation's Largest Public EV Fast Charging Network

2018 Fast Charger Growth: 45% in LA Market, 59% in Bay Area Market

As electric vehicle (EV) automakers launch their 2019 models and announce their plans for 2020-2022, EVgo, the largest public electric vehicle (EV) fast charging network in California and across the U.S., announced today that it has accelerated construction work in progress and will add hundreds of EVgo fast chargers this year in California alone. Building on the network's more than 1000 public fast chargers currently operating across the U.S., EVgo will grow its fast charger count in the top two markets, the San Francisco Bay Area the LA Metropolitan Area, by 59% and 44%, respectively, by year-end 2018.

"EVgo's mission is to enable access to a better way to drive by building a reliable and convenient network of public fast chargers for electric vehicles," said Cathy Zoi, EVgo CEO. "The next two years are critical for transportation electrification as automakers begin deliveries from the $100 billion they are investing to retool for EV manufacturing. At EVgo, we are accelerating our development and construction processes so that by year-end we will deliver fast charger growth of 59% in the San Francisco Bay Area and 44% in our home town of Los Angeles, the two largest EV markets in the U.S."

Enabling electric vehicle use by homeowners, apartment dwellers, ride share drivers as well as medium and heavy-duty fleets, EVgo calculates that its nationwide fast charging network, as of year-end 2018, will annually avoid more than 30,000 metric tons of CO2e and power more than 150 million miles of electric vehicle travel. Due to EVgo's strong investment in California and the increasing adoption of electric vehicles, in 2018 EVgo fast charging reduced curtailment of solar and wind power by several gigawatt-hours, providing system-wide benefits to electricity customers across California in addition to the air quality benefits of transportation electrification.

Supporting its infrastructure investment beyond California, in August, 2018, EVgo was awarded the first Volkswagen environmental mitigation settlement Appendix D grant by the Commonwealth of Virginia. Volkswagen mitigation funding plans are in development in more than a dozen U.S. states. EVgo supports sharing state, regional, local, and utility EV charging infrastructure funding best practices directly and through its trade associations. In that vein, in September, 2018, EVgo joined with allies across the transportation spectrum, to applaud the Climate Mayors Electric Vehicle Purchasing Collaborative launched in September by Los Angeles Mayor Eric Garcetti. With its rapid growth in gigawatt-hours delivered, EVgo works closely with automobile manufacturing partners, retail partners and property owners who host fast charging in their parking lots and garages, as well as EV rideshare providers and fleet operators to plan EVgo's investment in fast charging infrastructure from Maine to California.

About EVgo

EVgo is America's Largest Public Fast Charging Network. EVgo's fast chargers deliver convenient, fast charges to EV drivers on the go, at a rate approximately eight times faster than conventional Level 2 charging. EVgo's fast chargers are compatible with all EV models currently on the market that accept DC Fast Charging. With more than 1,000 chargers in 66 metropolitan markets, EVgo's fast charging public network in 34 U.S. states allows EV drivers to travel further while providing exemplary service by maintaining and operating its charging stations. EVgo has more than 75,000 customers and provides more than 100,000 charges per month. In August, 2018 EVgo eclipsed its record year in 2017, with its network of chargers providing the equivalent 42 million miles of emissions-free electric driving.

EVgo offers a variety of flexible pricing options for drivers including Pay As You Go and low-cost Membership options, as well as complimentary charging plans for buyers of new vehicles from partner automakers, including BMW and Nissan.

EVgo's chargers are in convenient, high-traffic locations where demand for EV fast charging is highest. To find out more, or to join the EVgo network, visit EVgo.com. Connect with EVgo on Facebook and follow us on Twitter.

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