Tritium Becomes First Manufacturer To Win NEVI Fast Charger Order; Company To Provide All Fast Chargers For First Phase of Hawai'i NEVI Program
Portfolio Pulse from Happy Mohamed
Tritium DCFC Limited (NASDAQ:DCFC) has been selected to provide all fast chargers for the first phase of Hawai'i's National Electric Vehicle Infrastructure (NEVI) Formula Program. This makes Tritium the first manufacturer to secure a fast charger order through NEVI program funding. The Federal Highway Administration approved Hawai'i's Electric Vehicle Infrastructure Deployment Plan in September 2022, granting the state access to $2.6 million of NEVI funding in FY2022. The state is expected to receive a total of $17.6 million in funding throughout the duration of the NEVI Formula Program.

July 11, 2023 | 12:31 pm
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Tritium's selection as the provider of all fast chargers for the first phase of Hawai'i's NEVI Program could boost its revenues and market presence.
Tritium's selection as the provider of all fast chargers for the first phase of Hawai'i's NEVI Program is a significant development for the company. This could lead to increased revenues and a stronger market presence, particularly in the growing EV infrastructure sector.
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