Evgo Inc. Stock Price, News & Analysis

EVgo Inc. (NASDAQ: EVGO) has expanded its Fleet Charging Solutions with new offerings designed for electrifying commercial fleets. These solutions include EVgo Optima™, a cloud-based software platform, and EVgold™, a service guarantee aimed at easing the transition to electric vehicles. As over 300,000 customer accounts benefit from EVgo’s extensive charging network, which includes over 800 fast charging sites and 1,200+ Level 2 locations, the company emphasizes the economic and environmental advantages of fleet electrification. EVgo is leveraging its experience in the sector to enhance operational efficiency for fleet operators.

EVgo has launched EVgo Rewards™, becoming the first public EV charging network in the U.S. to offer a customer loyalty program. Following a successful pilot with over 4,000 customers, the program allows users to earn points for free fast charging sessions. Customers receive five points per dollar spent on charging, with additional opportunities to earn points through social media engagement and participation in loyalty activities. Upon reaching 2,000 points, members redeem a $10 charging credit.

EVgo, the largest public fast charging network for electric vehicles, announced its upcoming presentations at two key conferences. The Cowen Global Transportation & Sustainable Mobility Conference will take place on September 9, 2021, where EVgo's 'fireside chat' is scheduled for 3:20 PM ET. The Evercore ISI Autotech & AI Forum is set for September 21, 2021, with EVgo presenting at 2:45 PM ET. Both events will feature live webcasts, with replays available for 180 days. EVgo is committed to expanding its network powered by 100% renewable energy.

EVgo (NASDAQ: EVGO) has launched the Connect the Watts™ initiative, aimed at enhancing the EV charging infrastructure in the U.S. This collaborative effort brings together more than 200 stakeholders, including automakers, utilities, and local governments, to streamline the deployment of fast chargers amidst a growing demand for electric vehicles. Industry studies indicate a need for 77,000 fast chargers by 2027, while EVgo can construct a station in just four to eight weeks. The first set of implementation guides is released to facilitate this process.

EVgo (NASDAQ: EVGO), the largest public fast charging network for electric vehicles, has announced new pricing plans including the launch of EVgo Rewards™ and kWh pricing pilots in California. Starting next month, the EVgo Plus subscription will provide discounts for frequent users. The company is transitioning to time-of-use (TOU) pricing to better reflect energy costs and help manage grid load. EVgo operates over 800 charging locations and plans to deploy 2,000 new chargers, enhancing charging options nationwide.

EVgo, the nation's largest public fast charging network for electric vehicles powered by 100% renewable electricity, will announce its second quarter 2021 financial results before market open on August 11, 2021. The announcement will be followed by a conference call at 11:00 AM Eastern Time, which investors can access via webcast on the Investor Relations section of EVgo's website or by dialing in directly. EVgo operates over 800 fast charging locations, serving more than 250,000 customers across 34 states, leading efforts in transportation electrification.

EVgo Inc (NASDAQ: EVGO) has installed eight new public fast chargers at Lot 29 in Santa Monica, California. These chargers support the City’s Electric Vehicle Action Plan and provide zero-emission charging with Level 3 DC fast charging capabilities. Six of the chargers deliver 180 miles of range in just 15 minutes, while two offer 90 miles in the same time. This expansion is part of a broader initiative to meet the rising demand for electric vehicle charging in California, emphasizing EVgo's commitment to enhancing infrastructure and promoting the use of electric vehicles.

EVgo, the leading public fast charging network for electric vehicles, has been named a preferred provider for General Motors' Ultium Charge 360 fleet service. This partnership will result in new charging solutions for GM fleet and BrightDrop customers, enabling access to over 800 charging locations nationwide. GM's commitment to invest $35 billion in electric vehicles through 2025 enhances the significance of this collaboration. EVgo's 98% uptime ensures reliability, which is crucial for fleet operations transitioning to electric vehicles.