EVCS builds and operates DC Fast charging stations for electric vehicles, focused on public and destination sites. The company offers turn-key deployments powered by 100% renewable energy and provides flexible subscription plans, including unlimited plans for gig and high-mileage drivers. EVCS has secured both private and public funding to install, own, and operate more than 1,200 chargers across over 250 public and private site hosts. The company plans to add more than 500 new DC Fast chargers across California, Oregon, and Washington, expanding into over 70 new cities. Construction on the expansion will begin in 2024 and continue through 2026. EVCS emphasizes placing chargers at gyms, hotels, libraries, and entertainment centers to match charging supply with demand and accelerate EV adoption. EVCS operates a fast-charging electric vehicle network across the U.S. West Coast and says its network is powered by 100% renewable energy. Led by CEO and Co‑Founder Gustavo Occhiuzzo and COO/CFO and Co‑Founder Ian Vishnevsky, the company runs charging stations and offers a subscription EV charging plan. It will use the new capital to bolster construction and installation of new charging locations, hire additional staff, improve digital product experiences, and increase awareness of its subscription plan. The raise will support rapid expansion into 35+ new cities across California and Washington and increase charger density in existing communities. EVCS plans to more than double its network footprint to nearly 1,500 chargers by 2023. The recent financing comprises debt and equity and positions the company to accelerate deployment and customer growth.

Total raised

$169M

Funding rounds

3

Latest round

Equity

Latest activity

Mar 2024