Press Release

TravelCenters of America Enters Agreement with Electrify America to Expand Electric Vehicle Infrastructure

WESTLAKE, Ohio – January 30, 2023 – TravelCenters of America Inc. (Nasdaq: TA), the nation’s largest publicly-traded full-service travel center network, announced today an agreement with Electrify America to offer electric vehicle charging at select TA/Petro locations with the first stations planned to be deployed in 2023. Electrify America is the largest open direct current fast-charging network in the U.S.

With a goal of installing approximately 1,000 individual chargers at 200 locations along major highways over five years, TA will purchase Electrify America’s DC (Direct Current) fast chargers. Electrify America will install, operate and maintain the charging stations at TA/Petro locations, through its Electrify Commercial business unit. Electrify America will manage the entire process to design and develop the charging stations – obtaining permitting approvals, provide warranty and 24/7 support services, and conduct onsite maintenance. TA will be included on the Electrify America charging network, allowing customers to access and pay for charging through the Electrify America app.

The network of charging stations will be open to almost all brands of EV vehicles and can deliver up to 350 kW to capable vehicles – some of the fastest charging speeds commercially available. The new charging stations help to provide range confidence to EV motorists traveling long distances by expanding access to hyper-fast charging, exemplifying TA’s commitment to providing accessible and reliable chargers to allow EV motorists stay on the go.

“TA’s large locations with expansive amenities are attractive to EV motorists and we are committed to expanding our EV charging infrastructure to accommodate this growing number of EV drivers over time,” said Jon Pertchik, Chief Executive Officer of TravelCenters of America. “Our agreement with best-in-class Electrify America provides an unmatched offering of excellence in locations, service, support.”

“Electrify America is pleased to collaborate with an industry leader like TravelCenters of America to provide the critical infrastructure needed for EV drivers of today and tomorrow,” said Giovanni Palazzo, President and Chief Executive Officer of Electrify America. “Our combined strengths allow us to take bigger steps toward our shared vision of a more sustainable future.”

Electrify Commercial – the business unit from Electrify America designed to deliver turnkey EV charging solutions to businesses, utility companies, fleet owners, travel centers and convenience stores – is developing EV charging programs tailored to fit customers’ individual needs. Electrify Commercial presents a unique opportunity for businesses like TravelCenters of America to own their own charging stations while leveraging Electrify America’s experience building the largest open, DC-fast charging network in the U.S.

TA’s site amenities and Electrify America’s robust abilities offer unique solutions to EV drivers, including convenient locations along major highways and close to exits, access to Wi-Fi at TA locations, modern restrooms, hyper-fast charging speeds up to 350 kW for capable vehicles, seamless Plug & Charge payment technology, and operations backed by 24/7 customer support and a 24/7 network operations center.