EVgo and Delta Electronics Announce Strategic Collaboration to Advance Nationwide Access to EV Charging

LOS ANGELES - August 11, 2022 - EVgo Inc. (NASDAQ: EVGO) (EVgo), the nation’s largest public fast charging network for electric vehicles (EVs), today announced that it has entered into a new supply agreement with Delta Electronics, a global provider of power and energy management solutions and leader in EV charging solutions. Under the agreement, Delta will supply EVgo with 1,000 fast chargers with up to 350kW power output, which supports EVgo’s recently announced project with General Motors (GM) and Pilot Company, as well as other EVgo eXtend and fleet projects and expansions to EVgo’s owned and operated charging network.

“EVgo is dedicated to making EV charging convenient and reliable for all, which makes it critical that our network is comprised of high-quality chargers backed by a track record of innovation, reliability and technology leadership,” said Cathy Zoi, CEO of EVgo. “EVgo and Delta share a reputation as industry first-movers and this collaboration will showcase our complementary strengths and expertise, while supporting EVgo’s momentum and deployment targets to expand access to world-class EV charging experiences across the U.S.”

“For over 50 years, Delta has been leveraging its core competence in high-efficiency power electronics to provide energy-saving solutions capable of nurturing megatrends that support sustainability.  Our e-mobility track record includes not only having shipped over one million EV chargers to our worldwide customers but also long-term cooperation with world-class EV manufacturers in North America, Europe and Asia. We are excited to partner with a leader like EVgo, especially as the United States aims for rapid growth in e-mobility,” said Kelvin Huang, President of Delta Electronics Americas Region.

Founded in 1971, Delta Electronics brings decades of experience in power and energy management solutions, guided under its corporate mission “to provide innovative, clean and energy-efficient solutions for a better tomorrow.” Delta operates approximately 200 facilities worldwide, including manufacturing, sales, and R&D centers. With strong system integration capabilities, the company offers a broad spectrum of smart green solutions across EV charging, industrial automation and smart manufacturing, building automation, telecom power, data center infrastructure, renewable energy, energy storage and display, to nurture the development of smart factories and sustainable cities. The Delta units for EVgo will primarily consist of 350 kW EV chargers with a power-sharing functionality.

For more information on the locations of fast chargers within EVgo’s charging network, visit www.evgo.com.