DriveOhio announced Monday that Evgo Inc. Piolot Company, -7.14 % ,, the Los Angeles-based network for fast charging electric vehicles, was selected with its Extend partner to receive $13.8 million for the deployment of 20 fast charging stations. The company stated that 14 of the twenty locations are owned by Piolot Company. All Evgo Extend and Evgo stations deployed in the award will have 350 kilwatt fast charging. Ohio is the first state to announce awards under the NEVI Program, which was established as part of Bipartisan Infrastructure Act and includes over $5 billion of funding to build EV charging facilities across the U.S. DriveOhio is a division within the state department for transportation and is expected to release $100 million of NEVI funds over the next five-year period. The state has 130 public fast chargers. Evgo stock is down 10% year-to-date, but the S&P500 SPX is up 17%.