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.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect EVgo's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of EVgo's position in the market.
Rhea-AI Summary
EVgo Inc. (EVGO) will release its Q4 and full year 2023 financial results on March 6, 2024, followed by a webcast. Investors can access the webcast live or via telephone. The press release and presentation will be available on the Investor Relations section of EVgo's website.
Rhea-AI Impact
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End-of-Day
-3.98%
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EVgo Inc. (NASDAQ: EVGO) announces the awardees of its National EV Charging Recognition Program, honoring leaders in EV charging infrastructure deployment. The program recognizes site hosts, utility companies, government departments, and contractors for their commitment to fast charger deployment and widespread EV adoption. The company's Connect the Watts initiative aims to accelerate the deployment of reliable EV charging infrastructure across the U.S.
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End-of-Day
-4.98%
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EVgo Inc. announced preliminary 2023 throughput of approximately 130 gigawatt-hours with a utilization increase on the EVgo network. The company ended 2023 with over 3,500 stalls in operation or under construction. EVgo also revealed a simplified organizational structure and the departure of two key executives. The organizational realignment aims to focus on growing the core public charging network business, achieving operational efficiencies, improving the cost structure, and accelerating progress toward growth and profitability goals.
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End-of-Day
0.39%
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EVgo Inc. (EVGO) Extends Agreement with Toyota to Offer Complimentary Charging for 2024 bZ4x Model Year
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-3.3%
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Pilot Travel Centers LLC, GM, and EVgo Inc. open the first 17 locations of their national electric vehicle fast charging network. The network features 350kW chargers, 24/7 amenities, and aims to have 200 locations by the end of 2024. The collaboration seeks to accelerate broader access to EV charging, offering an elevated charging experience for long-distance travel.
Rhea-AI Impact
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End-of-Day
-9.58%
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EVgo Inc. (NASDAQ: EVGO) is expanding its partnership with Meijer, a regional grocery retailer, to install new fast charging stations in the Midwest. The new EVgo stations in Ohio will feature up to six stalls at select Meijer locations, equipped with high-power 350kW chargers, aiming to increase access to public charging for current and future EV drivers in the Midwest.
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Rhea-AI Sentiment
End-of-Day
8.25%
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EVgo Inc. (EVGO) and Hertz (HTZ) Joint Promotion Offers Special Charging Rates for EV Renters
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-1.99%
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EVgo Inc. (Nasdaq: EVGO) announced third-quarter revenue of $35.1 million, a 234% year-over-year increase. Network throughput reached 37 GWh, up 208% year-over-year. The company added over 106,000 new customer accounts, reaching over 785,000 overall. EVgo's CEO highlighted strong growth in revenues, throughput, and utilization, emphasizing the company's progress on network buildout, customer experience, tech-enabled infrastructure, and cost efficiencies. The company also announced several business highlights and financial and operational figures for the third quarter.
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Rhea-AI Sentiment
End-of-Day
17.83%
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EVgo, one of the largest public fast charging networks for electric vehicles (EVs), plans to reduce installation time and costs for new fast charging stations by using a prefabrication approach. This approach is expected to cut average installation time in half and save 15% in construction costs. The prefabrication model includes features to enhance the customer experience, such as Wi-Fi infrastructure, lighting and security cameras, and canopies for shade. EVgo's first site using this method will begin construction in Texas in November 2023 and open to the public by February 2024.
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Rhea-AI Sentiment
End-of-Day
2.66%
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EVgo Inc. to release third quarter 2023 financial results
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Rhea-AI Sentiment
End-of-Day
-2.83%
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EVgo, Inc.
Nasdaq:EVGO
EVGO Rankings
EVGO Stock Data
250.71M
99.11M
0.77%
47.75%
24.93%
New Car Dealers
Retail Trade
United States of America
LOS ANGELES
About EVGO
evgo is america’s largest public ev fast charging network. evgo’s network growth extends ev infrastructure and ev drivers further than any other public network in the us. the evgo fast charger is 8 times faster than the conventional level 2 charger. we own, maintain and operate all of our stations. our dc fast chargers are 50kw and can be upgraded to 350kw. in addition, we have over 350 l2 chargers. our chargers can charge any electric vehicle on the market. with 1,000+ fast chargers, in over 60 major markets, we put the right chargers in the right places, empowering drivers to charge faster and drive farther than ever before.