National Electric Vehicle Infrastructure (NEVI) Program Key Takeaways and Requirements✕
CHICAGO, IL — October 4, 2021 — FreeWire Technologies, a leader in electric vehicle (EV) ultrafast charging and power solutions, will exhibit its Boost Charger™ during the National Association of Convenience Stores (NACS) Show at McCormick Place in Chicago (Booth #3102), October 5-8, 2021. The Boost Charger is an ultrafast EV charger that features integrated energy storage, enabling convenience store operators to scale charging quickly and tap into new revenue streams without the need for utility upgrades.
“Convenience will play a critical role in driving EV adoption and enabling new revenue streams, and battery-integrated charging is an ideal solution for c-store operators that are looking for fast and cost-effective deployment of charging infrastructure,” said Arcady Sosinov, Founder and CEO of FreeWire Technologies. “Widespread adoption of EVs and the next generation of ultrafast EV charging stations deliver new customers to c-stores and provide added revenue-generating opportunities.”
The Boost Charger was designed to deliver high-power EV charging without costly utility upgrades, while also using the system’s integrated energy storage to provide energy management services and save customers up to 70% in operating costs by virtually eliminating demand charges. In an independent report, findings showed potential cost savings of $30,000 a year in energy fees and charges. With the ability to plug into existing low-power utility services, the fully-integrated Boost Charger can be installed in hours not months, enabling rapid deployment and scalability as c-store operators ramp up for more EV-driving customers.
The NACS Expo comes at a critical time for convenience stores. While the pandemic-related drop in fuel sales hit the industry hard, new initiatives and technologies promise to accelerate the recovery. In addition to increased revenue opportunities, c-stores and gas stations that become early adopters of EV charging technology stand to attract new loyal customers through leading edge mobility solutions.
LeRoy Fitzgerald, FreeWire Director, Strategic Sales, will be a featured panelist during the conference. The panel, EV 301: The Economics of EV Charging, taking place Thursday, October 7, at 8 a.m. (CDT) in meeting room E451B, will address challenges with current economics and long-term, sustainable business solutions in this emerging market.
FreeWire has already deployed ultrafast EV chargers at top-tier retail and convenience stores, including ampm, and recently demonstrated the ability to quickly provide premium, high-power charging in extremely remote areas with the installation of Alaska’s first ultrafast EV charger at the very edge of the electric grid.
About FreeWire Technologies
FreeWire’s turnkey power solutions deliver energy whenever and wherever it is needed for reliable electrification beyond the grid (see video). With scalable clean power that moves to meet demand, FreeWire customers can tackle new applications and deploy new business models without the complexity of upgrading traditional energy infrastructure.
FreeWire has deployed battery-integrated chargers with Fortune 100 companies, commercial customers, fleets, retail locations, and gas stations. In addition to the expanded partnership with bp pulse, FreeWire and ampm, a bp subsidiary and convenience store chain with over 1,000 locations, have already deployed multiple public charging stations in the U.S. FreeWire’s regulatory affairs and policy team keeps customers up to date on federal, state, and utility incentive opportunities, which in some cases cover up to 80% of the cost of the charging station.
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