Terawatt Infrastructure Enhances National Charging Network with Four New Fleet Depots

Terawatt Infrastructure Enhances National Charging Network

In a significant move towards supporting the growing demand for electric vehicles (EVs), Terawatt Infrastructure has officially unveiled four new charging depots designed for commercial electric fleets. These depots, located in South San Francisco, Nashville, Miami, and Dallas, collectively add an impressive 22 megawatts (MW) of dedicated charging capacity, which has the potential to charge over 3,000 vehicles each day.

Expanding Charging Capacity

The current expansion is part of Terawatt's strategy to enhance the infrastructure needed for electric fleets across the United States. Each of these new depots will feature state-of-the-art technology and will be managed with Terawatt's proprietary Charge Management Software (CMS) and comprehensive energy management tools. This innovative approach ensures that the operations are efficient and effectively meet the rising demand for EV charging support.

Neha Palmer, CEO and co-founder of Terawatt, commented, “We are bringing to life the necessary infrastructure buildout for commercial electric fleets to operate reliably at scale.” This statement underscores the company's dedication to providing dependable charging solutions as more businesses transition to electric fleet models.

Highlights of the New Depots

1. South San Francisco, California: Located near the San Francisco International Airport, this depot boasts a 6.6 MW capacity, supporting operations in the Bay Area. Terawatt successfully completed the buildout ahead of schedule and cut costs significantly through innovative methods and collaboration with Pacific Gas and Electric Company.

2. Nashville, Tennessee: This depot is strategically placed near Nashville International Airport to facilitate local fleet operations with a capacity of 4.5 MW.

3. Miami, Florida: Set to open shortly, this depot in the Design District/Wynwood area has a capacity of 3.5 MW, aiming to serve a growing commercial fleet operator in Miami.

4. Dallas, Texas: Situated close to Dallas/Fort Worth International Airport, this 7 MW facility will also launch soon, providing essential support for regional fleet operations.

These new locations bolster Terawatt's already impressive network of nearly 30 depots currently under construction or in development across 16 different U.S. markets. With the increasing growth of EVs, this expansion emphasizes Terawatt's commitment to fostering an electrified economy for a more sustainable future.

Strategic Significance of New Locations

Terawatt's approach diverges from traditional land models that place the burden of construction on fleet operators. Instead, Terawatt offers fully built-out depots for easy integration into existing operations. Their early partnerships with fleet operators secure high-barrier sites in urban centers, leading to better operational efficiencies and cost benefits.

About Terawatt Infrastructure

As a leading full-stack infrastructure platform, Terawatt Infrastructure specializes in powering autonomous and electric vehicle fleets. It services some of the largest fleet operators in the industry, including Waymo and Flexdrive by Lyft. Through the acquisition, development, and management of purpose-built depots, Terawatt accelerates site deployment, reduces costs per mile, and ensures operational reliability at a commercial scale. They have already achieved over 93 million miles driven on clean electricity and dispensed more than 30 million kWh.

In summary, the new depots reflect Terawatt's ongoing mission to pave the way for commercial electrification, marking a pivotal step towards a cleaner and safer planet.