EVgo announces commercial agreement with Subaru
EVgo (EVGO) announces commercial agreement with Subaru
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By Michael Elkins
Fast charging network company, EVgo Inc (NASDAQ:EVGO) announced alongside Subaru of America (OTC:FUJHY) that the two companies have entered into a commercial agreement to provide drivers of the 2023 Solterra EV SUV with the option to receive a $400 charging credit on the EVgo public fast charging network. The announcement follows EVgo’s previous news of becoming Subaru’s preferred EV charging partner in the beginning of 2022.
“Subaru and EVgo share a commitment to delivering first-in-class customer experiences and combatting climate change,” said Jonathan Levy, Chief Commercial Officer at EVgo. “It’s a natural fit for Subaru and EVgo to bring Solterra drivers a convenient and reliable charging experience on EVgo’s network as they start their electric journey.”
Customers who purchase or lease a new 2023 Subaru Solterra EV SUV will have the option to select $400 of pre-paid charging credits with EVgo or a home charger installation credit. The credits can be used at EVgo’s more than 850 public fast charging locations and 1,200+ L2 charging stalls with more than 46,000 L2 and DC fast charge public chargers.
“With the upcoming deliveries of the Solterra, we wanted to help provide a seamless ownership experience for drivers, and we knew that EVgo provided a strong platform for our customers,” said Robert Brennan, Electric Vehicle Sales Strategy Manager at Subaru. “Our collaboration with EVgo to offer a $400 EVgo charging credit gives our drivers more confidence in their transition to electric and the ability to choose the charging option that best fits their lifestyle.”
Shares of EVGO are down 1.76% in mid-day trading on Friday.
