GM and partners launch national EV fast-charging network

Investing.com  |  Author Michael Elkins

Published Dec 11, 2023 09:45AM ET

General Motors (GM) GM and partners launch national EV fast-charging network

General Motors (NYSE:GM), in partnership with EVgo Inc. (NASDAQ:EVGO) and Pilot Travel Centers LLC, announced Monday, the opening of the first 17 sites for a nationwide electric vehicle (EV) fast charging network across the United States.

The locations of the charging stations can be found on GM's vehicle brand apps, Pilot's myRewards Plus app, and the dedicated EVgo app.

Looking ahead to spring 2024, GM and Pilot aspire to offer unique perks to General Motors drivers. These perks may include privileges such as the option to reserve charging slots and access discounts on charging services.

“As GM continues to advance its vision of an all-electric future, we’re collaborating broadly to accelerate access to convenient charging at home and on the go,” said GM Energy VP, Wade Sheffer.

The network of EV chargers is available across 13 states, with many of the locations offering 24/7 amenities such as access to restrooms, food and beverages and free Wi-Fi.

“EV drivers are eager for a better charging experience and to have more charging locations along America’s most traveled corridors. These new charging locations and the many more to come will be critical for improving range confidence,” said Pilot CEO, Adam Wright.

“As interest in EVs continues to grow, we believe our network can be a catalyst to getting more EV drivers on the road.” Added Wright.

Shares of GM are down 0.21%, while shares of EVGO are up 1.64% in early trading Monday morning.

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