Electrify America is investing $300 million toward the investments of electric vehicle charging infrastructure and technology where the technologies needs are greatest and where it will most likely be regularly used.
The investment is part of Cycle 2 for Electrify America's National Zero Emissions Vehicle Investment plan, which is a 30-month investment period that begins July 2019, according to the company. This cycle will focuses on infrastructure investment for charging within metro areas, where EV drivers look to charge most often.
Locations of major focus for this investment include Atlanta; Baltimore; Honolulu; Las Vegas; Phoenix; Boston; Chicago; Denver; Miami; New York City; Philadelphia; Portland; Seattle; and Washington, DC. These metro areas are expected to account for more than 50% of expected battery-electric vehicles in operation outside California through 2022, according to a release.
Electrify America is also investing in DCFC stations specifically designed to serve shared mobility drivers (car share, taxis, and transportation network company drivers). Cycle 2 of the investment plan will run from July 1, 2019 to Dec. 31, 2021. The following cycle will run from Jan. 1, 2022, to June 30, 2024.
