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ChargePoint Extends Leadership in NEVI Funded EV Fast Charging Awards [Yahoo! Finance]

ChargePoint Holdings, Inc. (CHPT) 
Company Research Source: Yahoo! Finance
vehicles (EVs), today announced continued leadership in enabling DC fast charging at National Electric Vehicle Infrastructure (NEVI) program funded locations. Two newly opened ChargePoint sites along Interstate 95 in Rhode Island make it the first state in the nation to complete Phase 1 of the NEVI program. NEVI is the Infrastructure Investment and Jobs Act's (IIJA) $5 billion electric vehicle infrastructure bill, designed to make ultra-fast charging accessible and reliable across U.S. highways. ChargePoint continues to be an EV charging industry leader in receipt of NEVI awards, with 40% of U.S. states announcing their awards to date. The Company and its partners have been selected for awards at more than 125 sites. These sites total $75 million in proposed grant funding and represent nearly 600 fast charging ports across 20 U.S. states that have announced NEVI awards to date. "ChargePoint and its partners continue to lead the industry by enabling the most NEVI-funded fast chargi Show less Read more
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