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EVgo Inc - EVGO STOCK NEWS

Welcome to our dedicated news page for EVgo (Ticker: EVGO), a resource for investors and traders seeking the latest updates and insights on EVgo.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect EVgo's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of EVgo's position in the market.

News
EVgo to Report First Quarter 2024 Results on May 7, 2024
Rhea-AI Summary
EVgo Inc. (EVGO) will announce its first quarter 2024 financial results on May 7, 2024, followed by a webcast hosted by the management team. The company is a leading fast-charging network for electric vehicles, offering a live webcast and teleconference for investors and analysts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.71%
Tags
conferences earnings
-
News
EVgo Expands Autocharge+ to More Than 50 Electric Vehicle Models
Rhea-AI Summary
EVgo Inc. (NASDAQ: EVGO) introduces Autocharge+, a seamless fast charging feature for over 50 EV models, eliminating the need for apps, RFID cards, or credit card swipes. The feature has seen significant adoption, with 17% of charging sessions initiated using Autocharge+ in the fourth quarter of 2023. Autocharge+ aims to enhance the customer experience and contribute to EVgo's 'One & Done' success rate.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.32%
Tags
none
-
News
EVgo Welcomes Scott Griffith to Board of Directors
Rhea-AI Summary
EVgo Inc. (NASDAQ: EVGO) appoints Scott Griffith, a seasoned automotive executive, to its Board of Directors. Griffith brings extensive experience from Ford, Zipcar, and other prominent companies, enhancing EVgo's strategic insights and industry expertise.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.9%
Tags
management
News
EVgo to Host Financial Modeling Webinar on April 4, 2024
Rhea-AI Summary
EVgo Inc. (EVGO) announces a financial modeling webinar hosted by its CEO and CFO on April 4, 2024, to discuss the company's financial outlook and strategies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.3%
Tags
conferences
-
News
SLB Capital Advisors Advises on Sale Leasebacks For Leading EV Fast Charging Solutions Provider EVgo
Rhea-AI Summary
EVgo, a leader in electric vehicle charging solutions, partnered with SLB Capital Advisors to arrange four leasing transactions, totaling $27 million, to fund fast charging stalls in key locations. The deal, structured as a sale leaseback, provides EVgo with a flexible capital structure for growth and expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.16%
Tags
none
-
News
EVgo Opens First Public Fast Charging Site with Innovative Prefabrication Approach
Rhea-AI Summary
EVgo Inc. (NASDAQ: EVGO) announces the opening of its first fast charging station using a new prefabrication approach, reducing construction costs by 15% and installation timelines by 50%. The company plans to deploy more stations across the U.S. with high-power fast chargers and enhanced customer experience features.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.22%
Tags
none
News
EVgo Inc. Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
EVgo Inc. (Nasdaq: EVGO) reported a strong performance in Q4 2023 and full year 2023, with revenue reaching $50.0 million in Q4, a 83% YoY increase, and $161.0 million for the full year, a 195% YoY increase. Network throughput also saw significant growth, reaching 50 GWh in Q4 and 130 GWh for the full year. Despite a net loss of $36.6 million in Q4 and $135.5 million for the full year, Adjusted EBITDA outperformed the high end of the guidance range. EVgo added over 110,000 new customer accounts in Q4 and approximately 366,000 in 2023, ending the year with more than 884,000 overall accounts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.63%
Tags
earnings
-
News
EVgo to Report Fourth Quarter and Full Year 2023 Results on March 6, 2024
Rhea-AI Summary
EVgo Inc. (EVGO) will release its Q4 and full year 2023 financial results on March 6, 2024, followed by a webcast. Investors can access the webcast live or via telephone. The press release and presentation will be available on the Investor Relations section of EVgo's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.98%
Tags
conferences earnings
-
News
EVgo Announces Awardees of Second Annual National EV Charging Recognition Program, presented by Connect the Watts™
Rhea-AI Summary
EVgo Inc. (NASDAQ: EVGO) announces the awardees of its National EV Charging Recognition Program, honoring leaders in EV charging infrastructure deployment. The program recognizes site hosts, utility companies, government departments, and contractors for their commitment to fast charger deployment and widespread EV adoption. The company's Connect the Watts initiative aims to accelerate the deployment of reliable EV charging infrastructure across the U.S.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.98%
Tags
none
News
EVgo Announces Certain Preliminary Financial and Operating Results, Anticipates Meeting or Exceeding 2023 Financial and Operating Guidance and Focuses on Building, Owning and Operating a Best-in-Class Public Charging Network
Rhea-AI Summary
EVgo Inc. announced preliminary 2023 throughput of approximately 130 gigawatt-hours with a utilization increase on the EVgo network. The company ended 2023 with over 3,500 stalls in operation or under construction. EVgo also revealed a simplified organizational structure and the departure of two key executives. The organizational realignment aims to focus on growing the core public charging network business, achieving operational efficiencies, improving the cost structure, and accelerating progress toward growth and profitability goals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
Tags
earnings
Stock EVGO logo
EVgo Inc

Nasdaq:EVGO

EVGO Rankings

#3793 Ranked by Market Cap
#5150 Ranked by Stock Gains
N/A Ranked by Dividends

EVGO Stock Data

588.81M
99.11M
0.77%
47.75%
24.93%
New Car Dealers
Retail Trade
Link
US
Los Angeles

About EVGO

evgo is america’s largest public ev fast charging network. evgo’s network growth extends ev infrastructure and ev drivers further than any other public network in the us. the evgo fast charger is 8 times faster than the conventional level 2 charger. we own, maintain and operate all of our stations. our dc fast chargers are 50kw and can be upgraded to 350kw. in addition, we have over 350 l2 chargers. our chargers can charge any electric vehicle on the market. with 1,000+ fast chargers, in over 60 major markets, we put the right chargers in the right places, empowering drivers to charge faster and drive farther than ever before.