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Evgo Inc. - EVGO STOCK NEWS

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. (EVGO) operates America's largest public fast charging network for electric vehicles, powering the transition to sustainable transportation. This page serves as the definitive source for corporate announcements, operational developments, and strategic updates directly from EVgo leadership.

Investors and industry professionals can access comprehensive updates including quarterly financial results, new charging site deployments, technology partnerships, and regulatory filings. Our curated collection features official press releases covering infrastructure expansions, maintenance initiatives, and collaborations with automakers or retail partners.

Key updates include details on DC fast charger installations, network reliability improvements, and participation in government EV programs. Bookmark this page for verified information on EVgo's charging technology advancements, service area growth, and responses to evolving market demands in the electric mobility sector.

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EVgo receives first shipment of 350kW chargers from Delta Electronics built to Build America, Buy America Act standards
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EVgo announces Alexa-enabled EV charging experience with Amazon, allowing drivers to find and navigate to nearby charging stations using voice commands.
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EVgo announces that Rivian's R1T and R1S models are now compatible with Autocharge+, allowing drivers to initiate a charging session by simply plugging in their vehicle to an EVgo fast charger. Autocharge+ has grown in popularity since its launch in September 2022 and now accounts for 13% of all charging sessions on EVgo's network. This feature streamlines the customer experience and improves charging success rates.
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EVgo appoints Badar Khan as CEO, succeeding Cathy Zoi effective November 2023. Zoi oversaw a 957% increase in quarterly revenue since the company went public in 2021. Second quarter 2023 results reported strong financial performance.
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EVgo Inc. reported a record revenue of $50.6 million in Q2 2023, representing a 457% YoY growth. Network throughput also reached a record 24.9 GWh, a 147% YoY increase. The company added 82,000 new customer accounts, bringing the total to 688,000, a 55% YoY increase. EVgo won $13.8 million of Ohio NEVI funding, representing 75% of awarded funds.
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EVgo and General Motors have surpassed 1,000 fast charging stalls as part of their collaboration to expand fast charging infrastructure. The collaboration will lead to the development and installation of 3,250 DC fast charging stalls in major metro markets.
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EVgo Inc. (Nasdaq: EVGO) will release its second quarter 2023 financial results on August 2, 2023, followed by a webcast hosted by the management team. The webcast will be available for replay on the company's website.
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EVgo and its eXtend partners have been selected by DriveOhio for proposed awards of $13.8M in funding to deploy 20 fast charging stations in Ohio. This is part of the National Electric Vehicle Infrastructure program, with EVgo and its partners receiving over 75% of the awarded funds. EVgo currently operates 37 fast charging stalls across 10 locations in Ohio.
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Evgo Inc.

Nasdaq:EVGO

EVGO Rankings

EVGO Stock Data

337.81M
126.56M
5.23%
72.64%
25.95%
Specialty Retail
Services-automotive Repair, Services & Parking
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United States
LOS ANGELES