Welcome to our dedicated page for Evgo news (Ticker: EVGO), a resource for investors and traders seeking the latest updates and insights on Evgo stock.
EVgo Inc. (NASDAQ: EVGO) is one of the nation’s largest providers of public fast charging infrastructure for electric vehicles, and its news flow reflects ongoing developments across its charging network, partnerships and financing activities. This page aggregates company news so readers can see how EVgo is expanding its footprint, enhancing technology features and reporting on financial performance.
Recent press releases highlight EVgo’s collaboration with the Kroger Family of Stores to deploy additional high-power fast charging stalls at grocery locations across multiple states, enabling customers to charge while they shop. Other announcements cover the EVgo eXtend network developed with Pilot Company and General Motors, which brings fast charging to Pilot and Flying J travel centers along major interstate corridors, and the use of domestically manufactured prefabricated charging skids to speed station deployment and integrate features such as Wi-Fi infrastructure, lighting, security cameras and canopies.
EVgo’s news also includes updates on technology and customer experience, such as milestones for its Autocharge+ feature that allows compatible EVs to begin charging simply by plugging in after a one-time enrollment. Financial news items report quarterly results, network throughput, customer account growth and details of a senior secured, non-recourse credit facility intended to fund the construction, installation, deployment and operation of additional fast charging stalls nationwide.
Investors, EV drivers and industry observers can use this news feed to follow EVgo’s announced station openings, network expansion plans, partnerships with retailers and automakers, and key financial disclosures. Returning to this page provides a consolidated view of how EVgo communicates its progress and priorities in the public fast charging market.
EVgo Inc. (NASDAQ: EVGO) has announced an expansion of its EVgo Advantage program in partnership with The Save Mart Companies, adding promotions for drivers at 12 locations across California. This initiative, which began in 2019, aims to attract more customers to grocery stores while charging their electric vehicles. EVgo's survey indicates that 80% of EV drivers tend to shop while charging, leading to increased foot traffic. The program is designed to enhance customer loyalty and support sustainability efforts within the community.
EVgo, the largest public fast charging network for electric vehicles, announced it will release its fourth quarter and full-year 2021 financial results on March 23, 2022, before market open. A conference call will follow at 11:00 AM ET, offering a live webcast for investors. EVgo operates over 800 fast charging locations across 35 states, serving more than 310,000 customers. With a focus on renewable energy, EVgo partners with various stakeholders to enhance transportation electrification and improve the EV charging experience.
EVgo has opened its first public fast charging station at a Wawa store in Philadelphia, Pennsylvania. This new station features four charging stalls with two 100 kW fast chargers and one 350 kWh fast charger, allowing simultaneous charging. As the sixth EVgo site at Wawa, this station aims to enhance EV accessibility in urban areas. Built with collaboration from General Motors and supported by state initiatives, EVgo is set to expand its infrastructure to meet Pennsylvania's sustainability goals.
Rhythm Energy has launched the Simply Drive energy plan in collaboration with EVgo, providing Texans with a renewable energy option that also offers $100 in charging credits for EVgo's fast charging network. This plan supports 100% renewable energy sources and aims to cater to the growing demand for electric vehicles in Texas. Customers will benefit from a fixed-rate energy plan powered by clean energy while gaining access to more than 46,000 charging locations nationwide. The partnership highlights a commitment to affordable, sustainable energy solutions.
EVgo Inc. has entered a commercial agreement with Toyota Motor North America to offer drivers of the new Toyota bZ4X battery electric SUV one year of complimentary charging at EVgo’s nationwide network of public fast chargers. This partnership, aimed at enhancing the EV ownership experience, marks a significant move in fostering EV adoption across the U.S. EVgo operates over 800 charging locations and plans to deploy approximately 16,000 fast charging stalls by 2027.
In 2022, Toyota introduced the 2023 bZ4X electric SUV, partnering with EVgo to enhance customer experience by providing one year of unlimited complimentary charging at EVgo’s network of fast charging stations. This collaboration aims to support Toyota's goal of electrifying 70% of its fleet by 2030, ensuring customers have convenient access to charging while they shop or conduct errands. EVgo operates over 800 fast charging locations powered by 100% renewable energy, making it a leader in clean transportation.
EVgo Inc. (NASDAQ: EVGO) has launched a new public fast charging station in Seattle, Washington, featuring two 100 kW chargers. This initiative aligns with Washington's goal of having 1 million electric vehicles (EVs) by 2030 and supports EVgo's 'Electric for All' mission to provide equitable access to charging infrastructure. Currently, the EVgo network boasts over 800 fast charging sites and more than 1,200 Level 2 charging stalls across 35 states. The new station was developed in partnership with Nissan, enhancing EV access in the Seattle metro area.
EVgo (NASDAQ: EVGO) has released a guide titled “Best Practices for Charging Infrastructure Funding Program Design” to assist state Departments of Transportation in leveraging the $5 billion National Electric Vehicle Infrastructure Program (NEVI). This guide, part of EVgo's “Connect the Watts” initiative, outlines five key principles for effectively managing funds and expediting EV infrastructure development. EVgo emphasizes the importance of public-private collaboration to maximize federal funding for electrified transportation in the U.S.
EVgo Inc., the largest public fast charging network in the U.S., has been selected as the preferred charging partner for Subaru of America in conjunction with the launch of the all-new 2023 Subaru Solterra, Subaru's first all-electric SUV. EVgo offers access to over 800 fast charging locations and 1,200+ Level 2 charging stalls across 68 metropolitan areas and 35 states, all powered by renewable energy. The partnership enhances charging convenience for Subaru drivers, promoting zero-emission driving with 24/7 customer support.
EVgo Inc. (NASDAQ: EVGO) has launched its first public fast charging station in partnership with Meijer, marking a significant expansion of EVgo's charging infrastructure. Located in key Midwestern cities in Michigan and Ohio, these stations support fast charging capabilities ranging from 100 kW to 350 kW. With over 800 fast charging locations and more than 310,000 customer accounts, EVgo continues to lead in the electric vehicle market. This partnership aligns with regional efforts to promote EV adoption and sustainability.
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