Completion of the project has doubled the major highway fast charging coverage in the state

ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), and the Colorado Energy Office today announced the completion of six EV fast charging corridors across the state. In total, 33 DC fast charging sites offering more than 80 charging ports are now available to EV drivers along highways across Colorado. The initiative was made possible by $10 million in state funding and more than $2 million in contributions from private and local government partners.

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ChargePoint and the Colorado Energy Office announced the completion of six EV fast charging corridors, doubling the coverage of corridor DC fast charging across the state. (Photo: Business Wire)

“This project is a testament to the leadership we're seeing across the country at a state level to accelerate the build out of a robust charging network for all EV drivers,” said Rick Wilmer, CEO at ChargePoint. “Public-private partnerships such as our relationship with the Colorado Energy Office continue to play a critical role in building out charging infrastructure. Together, we are ensuring drivers across the state are able to charge quickly at convenient locations.”

According to the Colorado Energy Office, the project has doubled the coverage of corridor DC fast charging in Colorado. Before the start of this project in 2019, 40% of highway corridors were within 30 miles of a fast charger. Upon completion, up to nearly 80% are within 30 miles of a fast charger. Investments through programs such as the National Electric Vehicle Infrastructure (NEVI) program will continue being made, complementing the state’s efforts to deploy more charging infrastructure. Additionally, the Colorado Energy Office recently reported that Colorado is first in the nation for market share of new electric and plug-in hybrid vehicles, so the infrastructure is anticipated to be utilized heavily from day one.

“Colorado is leading the nation in EV sales and making EV travel more affordable and convenient for everyone. Colorado's growing network of charging stations allows EV owners to travel with confidence knowing that there will be a place to get a quick charge at the store, going to and from work, or traveling across the state,” said Colorado Governor Jared Polis.

“Our partnership with ChargePoint to install 33 fast chargers across the state was essential to help establish a foundation for Colorado’s public EV fast-charging network,” said Colorado Energy Office Executive Director Will Toor. “With convenient access to charging along our major transportation routes Coloradans can now drive across the state in an electric vehicle, from the north to the south and the east to the west. We’re grateful for ChargePoint’s efforts to make this happen.”

These charging sites enable fast, reliable charging strategically located along the state’s major highways, including Highway 40, I-70, Highway 50, Highway 550 and other key travel corridors. Locations range from convenience stores to local visitor centers to meet the needs and entertainment of drivers who are charging. Drivers can find the location of charging sites on the ChargePoint mobile app or website.

A list of all new sites powered by ChargePoint Express Plus in Colorado can be found online at the Energy Office’s website: https://energyoffice.colorado.gov/transportation/grants-incentives/ev-fast-charging-corridors.

ChargePoint and the ChargePoint logo are trademarks of ChargePoint, Inc. in the United States and in jurisdictions throughout the world. All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners.

About ChargePoint Holdings, Inc.

ChargePoint is creating a new fueling network to move people and goods on electricity. Since 2007, ChargePoint has been committed to making it easy for businesses and drivers to go electric with one of the largest EV charging networks and a comprehensive portfolio of charging solutions. The ChargePoint cloud subscription platform and software-defined charging hardware are designed to include options for every charging scenario from home and multifamily to workplace, parking, hospitality, retail and transport fleets of all types. Today, one ChargePoint account provides access to hundreds-of-thousands of places to charge in North America and Europe. For more information, visit the ChargePoint pressroom, the ChargePoint Investor Relations site, or contact the ChargePoint North American or European press offices or Investor Relations.

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ChargePoint John Paolo Canton Vice President, Communications JP.Canton@chargepoint.com

AJ Gosselin Director, Corporate Communications AJ.Gosselin@chargepoint.com media@chargepoint.com

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