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EVgo Acquired by Vision Ridge Partners

June 21, 2016 in Companies, EVSE, Hybrids by Rich Piellisch  |  No Comments

‘EVgo Will Expand Its Charging Network Even Further’

Colorado’s Vision Ridge Partners said yesterday that it’s completed its acquisition of the electric vehicle charging network provider EVgo. “EVgo will now launch as an independent company, focused on expanding its charging network and leading more drivers to purchase and use electric vehicles nationwide,” states a release.

EVgo has been acquired by Boulder, Colo.-based Vision Ridge Partners.

EVgo has been acquired by Boulder, Colo.-based Vision Ridge Partners.

“EVgo is uniquely positioned to build the transportation infrastructure of the future,” Vision Ridge managing director Reuben Munger said in a release.

“With new guidance and resources from Vision Ridge, and in close partnership with cities and automakers across the country, EVgo will expand its charging network even further – eliminating range concerns while reshaping the way people travel,” he said.

‘A New Strategic Expansion’

The acquisition, Vision Partners says, “marks the beginning of a new strategic expansion of EVgo’s fast-charging network. Since its development, EVgo has worked closely with automakers like Nissan, BMW, and Ford to develop a vehicle-centric customer experience.

“These partnerships have brought customers faster charging speeds and more charging locations, allowing EVgo to operate 665 fast chargers in more than 50 top metro markets across the country.

“In 2015,” the release continues, “EVgo’s public high-speed charging network delivered more than 21 million electric vehicle miles, saving nearly 900,000 gallons of gas and offsetting nearly 10 million pounds of carbon dioxide.”

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Source: Vision Ridge Partners with Fleets & Fuels follow-up

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