Phillips 66 powers forward in EV charging

Phillips 66 is amping up its work in the EV charging space.

The company's growing network of branded chargers recently received a boost when it was awarded $2.5 million in grants from the National Electric Vehicle Infrastructure (NEVI) Formula Program to install more charging stations at sites in Colorado and California.

Additionally, Phillips 66 announced plans via its 2024 Sustainability and People Report to add locations to more states through 2025.

"Electrification is an important part of our Emerging Energy organization's approach, and we're taking a pragmatic approach to our EV charging pilot program," said Zhanna Golodryga, Phillips 66 EVP of Emerging Energy and Sustainability. "We want to provide a mix of affordable, reliable energy to meet all customer expectations."

Phillips 66 has been awarded a total of $7 million in U.S. EV charging grants to date, allowing the company to broaden its growth plans and offset 50 percent of the costs to build pilot charging stations. Some of the recent funding from NEVI will help build three sites in Colorado, with two in Colorado Springs and one in Grand Junction.

The company plans to have active charging stations at over 30 sites across Texas, California, Colorado, Oregon, and Washington by the end of 2025.

Phillips 66 dipped into the EV charging space in 2022 when the first branded chargers were installed at the company's flagship station near its Houston headquarters. The site has outperformed expectations and has been useful in testing equipment, partners, pricing and consumer offers.

Additional charging stations were commissioned in Washington in late 2023 and Colorado in early 2024 with the first 76® and Conoco® branded chargers, respectively.

"We are working closely with our Marketing organization to carefully select future locations to add charging stations at our branded sites," said Golodryga. "We have come a long way since 2022, and I am proud of the work our team is doing to help Phillips 66 play a meaningful role in the energy transition."