Electrify America

About Electrify America

Electrify America LLC operates one of the largest open DC fast-charging networks for electric vehicles (EVs) in the United States. The company was established in 2016 as a subsidiary of Volkswagen Group of America, headquartered in Reston, Virginia. Its creation was a direct result of Volkswagen's settlement with the United States Environmental Protection Agency following the "Dieselgate" emissions scandal. As part of the consent decree, Volkswagen committed to a $2 billion investment over 10 years into zero-emission vehicle (ZEV) infrastructure and education programs to offset the environmental impact.

The company's core business is building, owning, and operating a nationwide network of EV charging stations, strategically placed along major highway corridors and in metropolitan and retail locations. As of August 2024, the network consisted of over 950 stations and 4,250 individual DC fast chargers. Revenue is primarily generated from charging fees paid by EV drivers. The pricing structure is flexible, offering both pay-as-you-go rates and monthly subscription plans (Pass+). Electrify America also provides end-to-end charging solutions to commercial clients, including businesses, fleet owners, and utility companies through its Electrify Commercial division.

Electrify America's stations are known for their high-speed charging capabilities, with power levels up to 350 kW, which can add substantial range to a compatible EV in under 30 minutes. The network currently supports CCS and CHAdeMO connectors, with plans to add NACS connectors starting in 2025. A key feature is the Plug&Charge technology, which simplifies the payment process by allowing registered vehicles to automatically authenticate and pay just by plugging in. To support sustainability, the energy delivered through its network is backed by 100% renewable energy, partly from its own solar farm, Solar Glow 1. In June 2022, Siemens became the company's first external investor, acquiring a minority stake and valuing Electrify America at $2.45 billion. The company is led by President and CEO Robert Barrosa, who took over from Giovanni Palazzo in 2023.