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 (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.
EVgo Inc. (Nasdaq:EVGO), a leader in the public fast charging network for electric vehicles, has acquired Recargo for $25 million in cash. This acquisition enhances EVgo's infrastructure by integrating Recargo’s software expertise, particularly the PlugShare platform, which has approximately 3 million app downloads and offers essential EV charging data. The partnership aims to innovate the charging experience and expand EVgo's reach, leveraging Recargo's robust community data and app capabilities to streamline payments and enhance user experience.
Samsara has partnered with EVgo, the largest public fast charging network in the U.S., to assist customers in transitioning to electric vehicles (EVs). This collaboration makes EVgo the first electric vehicle partner in Samsara's Experts Marketplace. Since 2018, Samsara customers have driven over 160 million electric and hybrid miles, aligning with a forecast of 6 million commercial EVs expected to be on the road by 2025. EVgo operates a network of over 1,100 Level 2 chargers and 800+ fast charging locations across 34 states, contributing to fleet electrification and sustainability goals.
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