General Motors has partnered with EVgo’s electric vehicle charging network to build over 2,700 new fast chargers in cities and suburbs in the United States over the next five years. That’s more than three times the 800 fast chargers EVgo currently has on its network, which is located in 34 states and serves “more than 200,000 customers.”
The expansion will help EVgo to keep pace with other growing fast-charging networks. Tesla has 2,000 Supercharger stations (and 18,000 parking spaces) worldwide, and Volkswagen’s new Electrify America network already has 452 stations in the US.
According to a press release, the new stations will be “located in highly visible areas and most will be able to charge at least four vehicles at a time,” and rates will be able to be charged between 100 kW and 350 kW. They are not exclusive to GM vehicles and the first chargers included in this new buildout will be available in early 2021. The two companies target approximately 40 different metropolitan markets.
GM CEO Mary Barra said that both GM and EVgo will invest in the new buildout, but she would not specify the size of those investments. Barra also said GM will help EVgo “work with grant and utility programs” and “sign the charters in areas where they will do most to accelerate electric vehicle adoption.”
GM’s investment in the buildout represents a major turnaround for the company, that once said it would not invest in electric vehicle infrastructure. When asked about a press release on Friday, Barra said that GM has conducted “extensive” customer research in recent years and that it finally decided to invest in a large network of fast chargers was the “next logical step”.
“Obviously, having a robust charging infrastructure is something our customers told us was important,” she said.