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. develops and operates public fast-charging infrastructure for electric vehicles in the United States. Company news commonly covers quarterly revenue and charging-network performance, network throughput, stall deployments, and additions of connector types such as NACS. Updates also address site-host relationships with retailers, grocery stores, restaurants, shopping centers, gas stations, rideshare operators, and autonomous vehicle companies.
EVgo announcements also describe fleet-charging solutions, prefabricated charging equipment, interoperability testing through its Innovation Lab, and financing or leadership developments tied to expansion of the charging network.
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.
EVgo has launched its first fast-charging station in Kansas at Oak Park Mall, Overland Park, in partnership with CBL Properties. This initiative aims to meet the growing demand for public EV charging, allowing users to charge up to 80% in just 15-45 minutes while shopping. The addition is part of a broader effort by EVgo to expand its charging network in response to increasing EV adoption. The company currently operates over 800 fast charging locations across 35 states, serving over 310,000 customers.
EVgo has announced that its PlugShare platform has surpassed 2 million registered users, reflecting a 100% year-over-year increase in registrations. In 2021 alone, the app saw over 1 million downloads and users provided 1.3 million ratings of charging experiences, enhancing the platform's utility for electric vehicle drivers. The community-driven feedback lets users share experiences and find charging stations efficiently, underpinning PlugShare's growth as the go-to app for the EV network.
EVgo announced the appointment of Dennis Kish as Chief Operating Officer, effective January 2022. Kish brings over 30 years of experience from companies including Google Fiber and Qualcomm. He will manage charger installations and network expansion, focusing on improving operational efficiency and customer satisfaction. CEO Cathy Zoi expressed confidence that Kish's infrastructure expertise will enhance EVgo's reliability and growth. EVgo operates the largest public fast charging network for electric vehicles, powered entirely by renewable energy, with over 800 locations across the U.S.
EVgo has launched a redesigned mobile app aimed at enhancing user experiences and increasing network utilization. The app features a modern design, improved search capabilities, and integrates with EVgo Rewards™ for customer savings. With over 1,500 fast chargers across 35 states, the app allows users to create customized vehicle profiles and access charging locations easily. Users can now reserve chargers and receive coupons from nearby businesses. The app is available on iOS and will be on Android next week, aligning with EVgo's mission to simplify electric vehicle adoption.
EVgo has achieved a significant milestone with its PlugShare platform, surpassing one million app downloads since 2021, the highest in its history. This growth reflects a nearly 30% increase in user count and participation year-over-year, as electric vehicle (EV) adoption rises globally. Following EVgo's acquisition of Recargo in July 2021, the companies have collaborated to enhance EV user experiences, focusing on reliable charging and software solutions. With 800+ fast charging locations, EVgo leads in the EV charging network powered entirely by renewable energy.