Electrify America will invest another $200 million toward the development of zero emission vehicle infrastructure and education, which is the second investment from the company that was approved by the California Air Resources Board (CARB).
CARB approved the investment for Electrify America’s plans for adding DC fast charging in more metro areas, adding charging for regional routes, and strengthening highway networks, according to the company. The funding is part of the company’s Cycle 2 California ZEV Investment Plan builds on Electrify America’s initial priorities and expands into new areas, where the need for electric vehicle charging stations and technology are greatest or are most likely to be used regularly.
Implementation for Cycle 2 will begin on July 1, 2019, and continue through Dec. 31, 2021, according to a release. Electrify America is committed to investing $800 million in ZEV projects through four investment cycles over a 10 year period.
The upcoming EV investment plan, as well as the current one that began on Jan. 1, 2017, plans on continuing to support these Californian communities: Riverside; San Bernardino; Santa Rosa; Fresno; Los Angeles; Long Beach; Anaheim; Sacramento; Roseville; Arden; Arcade; San Diego; Carlsbad; San Francisco; Oakland; Hayward; San Jose; Sunnyvale; and Santa Clara, Electrify America has said.
These metro areas are expected to account for 89% of expected battery electric vehicles (BEVs) in operation through 2022, according to a 2017 Navigant report.