$60 Million for Electric Vehicle Charging Infrastructure in New York

Governor Kathy Hochul today announced a $60 million transaction to accelerate electric vehicle (EV) charging infrastructure deployment across New York City. The loan provided by NY Green Bank (NYGB), the State’s clean energy investment fund and a division of the New York State Energy Research and Development Authority (NYSERDA), to Revel, the largest provider of public EV fast-charging in New York City, will enable Revel to more than triple its current New York City public fast charging network this year.

This funding will enable the construction of 267 new charging stalls across nine sites and supports the intricate construction activities involved in designing and building EV charging stations.

Revel will complete construction of the above new sites in the next 12 months, with the remainder to be completed by 2027.

60 charging stalls in Maspeth, Queens.
44 charging stalls near LaGuardia Airport.
24 charging stalls at John F. Kennedy International Airport (JFK).
30 charging stalls in Greenpoint, Brooklyn.
20 charging stalls in the Port Morris section of the Bronx.

More information on the official website of New York State
https://www.governor.ny.gov/news/governor-hochul-announces-60-million-electric-vehicle-charging-infrastructure

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