Financial News

EVgo and Honda Partner to Provide EV Drivers with Direct Access to Public Fast Charging

EVgo charging credit of up to $750 will be available for drivers of upcoming Honda and Acura EV models

EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced a new collaboration with American Honda Motor Co., Inc. that is designed to provide a range of new benefits for Honda and Acura EV drivers, including charging credit, technology integration into the HondaLink and Acura EV apps, and access to EVgo’s nationwide network and its roaming partners. Drivers of qualifying Honda and Acura EV models will be eligible to receive up to $750* in charging credit to use at EVgo chargers around the country.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230928932016/en/

An EVgo fast charging station (Photo: Business Wire)

An EVgo fast charging station (Photo: Business Wire)

Honda’s newest EV models are slated for release in North America in early 2024, and drivers will be able to plug in at more than 900 public fast charging locations across EVgo’s nationwide network. Drivers can take advantage of EVgo stations offering up to 350kW fast chargers to power up quickly on the go, and access even more fast charging and Level 2 stations through EVgo’s roaming partners. Through the partnership, by leveraging EVgo Inside™, EVgo’s APIs will be integrated directly into the HondaLink and Acura EV apps, enabling drivers of both brands to register for or link to an existing EVgo account, locate nearby EVgo charging stations, check real-time charger availability, and initiate a charging session within one app.

“Access to convenient and reliable fast charging is key to accelerating the mass adoption of electric transportation,” said Cathy Zoi, CEO of EVgo. “We’re thrilled to welcome drivers of Honda and Acura EV models to the EVgo network with a streamlined customer experience through EVgo Inside.”

This summer, Honda announced that beginning in 2025, the automaker will incorporate the North American Charging Standard (NACS) into new EV models. Earlier this year, EVgo announced it will add NACS connectors to its fast chargers across the country—helping to ensure that its network will remain well-positioned to support drivers of all EV models for years to come.

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

*Charging credit amount varies by EV model and trim level. Three charging credit packages are available. See Honda for more details.

About EVgo

EVgo (Nasdaq: EVGO) is a leader in charging solutions, building and operating the infrastructure and tools needed to expedite the mass adoption of electric vehicles for individual drivers, rideshare and commercial fleets, and businesses. Since 2019, EVgo has purchased renewable energy certificates to match the electricity that powers its network. As one of the nation’s largest public fast charging networks, EVgo’s owned and operated charging network includes more than 900 fast charging locations, 60 metropolitan areas and 30 states. EVgo continues to add more DC fast charging locations across the U.S., including stations built through EVgo eXtend™, its white label service offering. EVgo is accelerating transportation electrification through partnerships with automakers, fleet and rideshare operators, retail hosts such as grocery stores, shopping centers, and gas stations, policy leaders, and other organizations. With a rapidly growing network, robust software products and unique service offerings for drivers and partners including EVgo Optima™, EVgo Inside™, EVgo Rewards™, and Autocharge+, EVgo enables a world-class charging experience where drivers live, work, travel and play.

Cautionary Note on Forward-Looking Statements: This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “proposed,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target,” “goal” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, express or implied statements regarding potential features and benefits of a partnership between EVgo and Honda; the potential integration of EVgo’s application programming interfaces into the HondaLink and Acura EV apps; the timing for the release of Honda’s first electric vehicle models in North America; and EVgo’s plans to add North American Charging Standard connectors to its network. These statements are subject to numerous assumptions, risks and uncertainties and on the current expectations of EVgo’s management, and are not predictions of actual performance. See “Risk Factors” in EVgo’s Annual Report on Form 10-K filed with the SEC on March 30, 2023, as well as its other filings with the SEC, copies of which are available on EVgo’s website at investors.evgo.com, and on the SEC’s website at www.sec.gov. All forward-looking statements in this press release are based on information available to EVgo as of the date hereof, and EVgo does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by applicable law.

Contacts

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback