The CEC narrowed a field of 35 proposed installations down to nine specific proposed awards, likely to be shared by four participants. Of those, biggest winner was ChargePoint, which received preliminary approval for three segments of the fast-charging corridor totaling $3,659,615—about 42 percent of the available funding. EV Connect received three proposed awards totaling $1,843,179. NRG EV Services received two valued at $1,659,928, and Recargo—the company behind the PlugShare station-finding app, as well as PluginCars.com—received one proposed award worth $1,632,735.
The recipients will have some time to complete their projects. The grant requires completion by 2020. This will coincide with a steady uptick in EV adoption. Navigant Research projects that in California, the growth in electric car sales will be from about 3 percent of overall sales today to between 15 and 22 percent by 2024.