TeraWatt and New Mexico DOT secure $64-million grant to deploy heavy-duty EV charging along I-10 corridor

TeraWatt Infrastructure, in partnership with the New Mexico Department of Transportation (NMDOT), has been selected to receive $63.8 million in federal grant funding via the US DOT’s Charging and Fueling Infrastructure (CFI) grant program. TeraWatt’s grant is one of 47 awarded to projects nationwide in the first $623-million tranche of the CFI program, part of the Bipartisan Infrastructure Law.

TeraWatt announced plans to build heavy-duty shared charging infrastructure along the I-10 corridor in 2022, and was competitively selected by NMDOT to design, build, operate and own the two charging centers.

TeraWatt’s I-10 electric corridor project envisions a network of high-powered charging centers for heavy-duty trucks running from the Port of Long Beach in California to El Paso, Texas. As the selected contractor for the project, TeraWatt will construct two EV charging centers for medium- and heavy-duty commercial EVs in Lordsburg and Vado, New Mexico. Each site will have 9 pull-through stalls. Once completed, the sites will be able to provide about 300 truck charges per day.

“The electrification of I-10 will transform travel on this New Mexico highway,” said Governor Lujan Grisham. “With local matches, these grants will result in over $84 million of infrastructure along I-10 and in the communities of Lordsburg and Vado as well as smaller investments in Santa Fe County and the Town of Taos.”

“We are grateful for our strong partnership with the New Mexico Department of Transportation, who selected TeraWatt as its project partner to deliver this key infrastructure project,” said Neha Palmer, TeraWatt’s CEO and co-founder. “Together, we are leveraging combined public-private expertise and federal funding to accelerate the development of heavy-duty charging infrastructure along the I-10 corridor.”

Source: TeraWatt Infrastructure

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