Spain’s Ingeteam to Boost U.S. EV Charging Network Under ‘Buy America’ Mandate
Ingeteam, a Spanish power and electric engineering firm, has announced its commitment to support the Biden-Harris administration’s efforts to combat the climate crisis by deploying a national network of 500,000 electric vehicle (EV) chargers across America’s highways. The firm will increase its production capacity of DC fast chargers (DCFC) and Level 2 EV chargers, ranging from 7.5 kW to 420 kW, for the US market with a full commitment to accelerate the buildout of the United States EV charging network.
The new Ingeteam EV charger production lines in the US will be capable of producing over 13,000 units per year and will be ‘Buy America’ compliant under the Federal Highway Administration (FHWA) requirements for domestic manufacturing.
“Ingeteam will be starting the production of our state-of-the-art, Red Dot award-winning DC Fast Charger RAPID 180 kW, fully compliant with the National Electric Vehicle Infrastructure program (NEVI) by the second half of 2023. We will bring the technology from our R&D centers and manufacturing facilities in Spain, and the experience of more than 35,000 EV charger connectors already deployed globally,” said Jesus Rodriguez, Executive Vice President of Ingeteam EV Chargers USA.
The firm’s investment in expanding its operations in the US, in addition to the over $20 million already invested in its cutting-edge manufacturing plant since 2010, will add up to one hundred new well-paying jobs to the region and to its production facility in Milwaukee, WI over the next five years.
The investment will enable Ingeteam Electric Vehicle Chargers to meet the increasing market demand for EV chargers in the US, with its US-manufactured EV chargers addressing a broad range of EV charging applications and locations.
This latest development from a foreign-owned business entity represents the heightened attractiveness of the U.S. market for greentech companies to invest and operate in due to the over $300 billion in subsidies available under the Biden Administration Inflation Reduction act.
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