EVgo Inc. (NASDAQ: EVGO). one of the nation’s largest public fast-charging networks for electric vehicles (EVs), and Regency Centers Corporation (NASDAQ: REG), today announced the opening of a new fast charging station at Blakeney Town Center in Charlotte, North Carolina. The Blakeney Town Center station is conveniently located in Charlotte near the city’s major roadways, including Interstate 485, with multiple shopping and dining options for EV drivers, along with a suite of other amenities.
The latest station opening builds upon the partnership between EVgo and Regency Centers, which first began in 2020. To date, the companies have opened more than 120 public fast charging stalls at approximately 40 Regency properties across 10 states, with additional stations at locations in Maryland, Massachusetts, and Texas slated to open over the next year. All new stations opened under the partnership are expected to feature at least one high-power 350kW fast charger capable of simultaneously charging two vehicles.
The new station was built with funding support from the North Carolina Department of Environmental Quality and as part of EVgo’s collaboration with General Motors (NYSE:GM). With the addition of this station in Charlotte, EVgo and Regency Centers have now opened a total of seven sites across major metropolitan areas in North Carolina, including Charlotte, Durham, and Raleigh
EVGO shares took on 4.5 cents, or 2%, to $2.35, while those for REG descended 32 cents to $60.99.
