ChargePoint and Colorado Energy Office announce the completion of fast charging corridor along Highway 40
April 13 2022 - 8:00AM
Business Wire
As part of a $10 million investment, the first
of six corridors is now complete, and runs along Highway 40 from
Boulder to Dinosaur, near the Utah border
ChargePoint (NYSE: CHPT), a leading electric vehicle (EV)
charging network, today announced the completion of the first of
six electric vehicle fast-charging corridors in partnership with
the Colorado Energy Office. Corridor A runs along Highway 40 from
Boulder to Dinosaur near the Utah border.
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ChargePoint announced the completion of
the first of six electric vehicle fast-charging corridors in
partnership with the Colorado Energy Office. (Photo: Business
Wire)
The fast-charging highway corridors project is a public-private
partnership involving a $10 million investment by the Colorado
Energy Office, which includes funding from the Volkswagen
Settlement and Congestion Mitigation and Air Quality (CMAQ)
Improvement Program, as well as investments by ChargePoint, local
jurisdictions, electric utilities, and Colorado businesses.
ChargePoint was awarded six corridors throughout Colorado and each
charging site offers either two or four ChargePoint® Express 250
fast chargers, allowing electric vehicles to charge at up to 125
kilowatts. Later this year, the stations will be upgraded to
ChargePoint’s higher-powered Express Plus.
“It’s incredible to see the dedication and progress made by the
Colorado Energy Office in its goal of building out Colorado’s EV
fast-charging infrastructure through public-private partnerships,”
said Anne Smart, vice president, public policy, ChargePoint. “Once
all six corridors are complete, these stations will allow
Coloradans to drive long distances across the state in an electric
vehicle.”
In total, 20 fast-charging sites have been activated under this
initiative, with several more under construction. Other sites are
strategically located along I-70, Highway 50, Highway 550 and other
key travel corridors. Drivers can find the location of charging
sites on the ChargePoint mobile app or website.
This project will enable long-distance electric car travel,
addressing a major barrier for drivers considering whether to buy
and use electric cars. In turn, this will help Colorado meet its
long-term goal of 100% electric car travel.
"Completing the first of six corridors is an exciting milestone
for the program," said Christian Williss, Senior Director,
Transportation Fuels and Technology, Colorado Energy Office. "The
remaining sites will be operational by the end of year, helping to
ensure that Coloradans can travel anywhere in the state in an
electric vehicle. As EV adoption accelerates, more charging
infrastructure will be needed along corridors and in communities
all over the state, and CEO looks forward to new and continued
partnerships like the one that made this program possible."
Driving electric reduces greenhouse gas emissions which cause
climate change, as well as other air pollutants that cause
respiratory, cardiovascular and other health problems. The charging
stations are also expected to stimulate local economies by
attracting electric vehicle drivers to the sites where they are
installed.
About ChargePoint
ChargePoint is creating a new fueling network to move people and
goods on electricity. Since 2007, ChargePoint has been committed to
making it easy for businesses and drivers to go electric with one
of the largest EV charging networks and a comprehensive portfolio
of charging solutions. The ChargePoint cloud subscription platform
and software-defined charging hardware are designed to include
options for every charging scenario from home and multifamily to
workplace, parking, hospitality, retail and transport fleets of all
types. Today, one ChargePoint account provides access to hundreds
of thousands of places to charge in North America and Europe. To
date, more than 110 million charging sessions have been delivered,
with drivers plugging into the ChargePoint network every two
seconds or less. For more information, visit the ChargePoint
pressroom, the ChargePoint Investor Relations site, or contact the
ChargePoint North American European press offices or Investor
Relations.
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ChargePoint Jennifer Bowcock VP, Communications
Jennifer.Bowcock@chargepoint.com media@chargepoint.com
Patrick Hamer VP, Capital Markets and Investor Relations
Patrick.Hamer@chargepoint.com investors@chargepoint.com
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