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 is collaborating with the Los Angeles Department of Water and Power (LADWP) to expand its network of EV charging stations in the LA region, enhancing its position as the largest public fast charging network. The plan includes the construction of new sites, building on 18 existing stations in the LADWP area. This partnership aligns with California's goal of deploying 1.2 million chargers by 2030. Furthermore, LADWP's introduction of a new commercial EV charging rate aims to boost infrastructure development, ensuring equitable access to charging for all communities.
EVgo, the largest public fast charging network for electric vehicles in the U.S., will announce its Q3 2021 financial results on November 10, 2021, before market open. This announcement will be followed by a conference call at 11:00 AM ET, which investors can access via a live webcast or by phone. The company continues to lead in transportation electrification, operating over 800 fast charging locations across 35 states, serving more than 300,000 customers. The webcast archive will be available shortly after the call.
Summary not available.
EVgo has expanded its network with six new fast chargers in Arvada, Colorado, in partnership with Regency Centers, the Colorado Energy Office, and General Motors. This development adds to the existing 86 chargers in Colorado, contributing to the state's Zero Emission Vehicle targets. The new chargers include four high-powered 350 kW chargers and two 100 kW chargers. EVgo's network, powered by 100% renewable energy, aims to enhance EV infrastructure and support Colorado's clean transportation goals.
Merchants Fleet has partnered with EVgo to enhance fleet electrification efforts, utilizing EVgo's extensive fast-charging network powered by 100% renewable energy. This collaboration allows Merchants Fleet clients access to comprehensive charging solutions, including over 800 fast charging stations and 1,200+ Level 2 locations, ensuring reliability with more than 98% uptime. Merchants Fleet commits to converting 50% of its mobility fleet to electric by 2025, backed by a $2B inventory allocation, to further its sustainability goals.
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.
Summary not available.
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.
FAQ
What is the current stock price of Evgo (EVGO)?
What is the market cap of Evgo (EVGO)?
