EVCS Raises $68.8 Million to Accelerate Expansion of West Coast EV Fast Charging Network
Summary
"With over 600 chargers in California, Oregon and Washington, weve grown to become one of the largest EV fast-charging networks in the U.S.," said Gustavo Occhiuzzo, CEO and Co-Founder of EVCS. "With todays announcement, we enter a new phase of growth enabling EVCS to offer EV drivers improved access to affordable, DC fast charging up and down the West Coast. "High gas prices, the introduction of compelling new vehicle models, and concern for the environment have spurred a massive upswing in EV adoption, with charger utilization increasing at such a breakneck pace that EVCS expansion couldnt come at a more opportune time. As a pioneer in the EV fast charging market, EVCS has created a unique framework that bridges federal, state and local funds with additional forms of financing to facilitate the rapid expansion of their network. Headquartered in New York, Jett Capital and its managing partners have served as key advisors to leaders in the transportation, energy and natural resources sectors.
Funding
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