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Tritium and EVCS to Deploy Additional 300 New Electric Vehicle Fast Chargers in California, Oregon, and Washington
[TORRANCE, Calif., July 28, 2022] — Tritium DCFC Limited (“Tritium” or the “Company”) (Nasdaq: DCFC), a global leader in direct current (“DC”) fast chargers for electric vehicles (“EVs”), is partnering with EVCS, one of the largest EV fast-charging network operators on the West Coast, to deploy 300 new chargers across California, Oregon, and Washington. The order consists of 300 50kW Tritium RTM fast chargers, making the total Tritium DC fast charger contribution to the EVCS network over 800. With more states expected to follow California’s legislation mandating 100 percent of new vehicles sold generate zero emissions by 2035, partnerships like this are critical to ensuring public fast charging can meet the increased demand driven by the expected mass consumer adoption of EVs in the coming years.
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Installation of the Month (July 2022): Kenwood Inn & Spa
A key focus for us over the last several years has been the installation of additional chargers at holiday hot spots, tourist destinations, and other key points of interest. Not only will it help dispel long-range travel anxiety among many new EV drivers, but it will also lead to a significant reduction in carbon emissions otherwise generated by gas-guzzlers during peak vacation seasons. Moreover, our egalitarian approach to site selection means we’re just as likely to install a charger at a McDonald’s as we are at a Morton’s since we understand the value in catering to a broad clientele. However, higher net worth individuals continue to drive EV sales in the US (a June 2021 Fuels Institute study specifies middle-aged males with household incomes over $100,000), so catering to venues that offer a luxury experience will encourage even greater participation by this group while serving as a bellwether for lower-income drivers who are attracted to the idea of electric mobility as a symbol of status.
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Mexico to Canada EV Road Trip: EVCS Interview
We sat down with EV owner and enthusiast Anthony Williams, a 60-year-old business owner from San Diego, who recently commemorated the 10-year anniversary of his first trans-American road trip in an EV by retracing the same route to see what had changed in the world of EV fast charging, for better or for worse. Below are some of his insights and feedback.
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EVCS –– Fast Charging Network Operator –– Doubles Down on Expansion Plan With New Chief Growth Officer Kirk Johnson
LOS ANGELES – July 13, 2022 — EV Charging Solutions (EVCS), one of the largest and fastest growing electric vehicle (EV) fast-charging network operators in the US, has today announced the appointment of mobile and digital media industry veteran, Kirk Johnson, as Chief Growth Officer. Johnson joins EVCS from Amazon, where he served as Head of Marketing and Appstore Business for Fire TV and Tablet in North America. His appointment is effective immediately and he will report directly to EVCS Co-Founder and CEO Gustavo Occhiuzzo.
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EVCS Raises $68.8 Million to Accelerate Expansion of West Coast EV Fast Charging Network
LOS ANGELES – July 6, 2022 — EVCS, one of the largest electric vehicle (EV) fast-charging network operators on the West Coast, today announced the completion of a $68.8 million funding raise, comprised of a $50 million debt facility from Spring Lane Capital, and a Series A equity investment of $18.8 million co-led by Abdo Partners, Spring Lane Capital and the Copulos Group, an Australian Private Global Investor. Jett Capital Advisors also provided investment banking advisory services in support of the equity capital raise. The capital raised will support EVCS’ rapid expansion into 35+ new cities across California and Washington as well as increase charger density in its existing communities. EVCS plans to more than double its network footprint to nearly 1,500 chargers by 2023.
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