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EXPLAINED: Evgo inc - The Real Truth

GM, Pilot And EVgo Lead Rollout of 200 Highway Fast-Charging Sites

EVgo Inc. (NASDAQ:EVGO) traded steady on Wednesday after Pilot Company and General Motors Co. (NYSE:GM) said their joint highway fast-charging buildout has surpassed 200 locations across nearly 40 states.

EVgo And General Motors Hit Major Milestone With 2,000 Fast-Charging Stalls, Powering Up EV Access Nationwide

EVgo And General Motors Hit Major Milestone With 2,000 Fast-Charging Stalls, Powering Up EV Access Nationwide

EVgo and General Motors have surpassed 2,000 public fast-charging stalls as part of their ongoing metropolitan charging collaboration. To date, EVgo and General Motors have installed fast charging stations at over 390 locations across 45 metropolitan markets in 32 states, aiming to expand access to public charging in convenient, amenity-rich…

3 EV Charging Stocks That Can't Catch a Break in 2022

3 EV Charging Stocks That Can't Catch a Break in 2022

Despite solid demand and government support, the electric vehicle (EV) industry is grappling with supply chain disruptions and semiconductor chip shortages. The lack of enough charging infrastructure and inoperable charging stations have also been a significant challenge for companies in this space. Given this backdrop, fundamentally-weak EV stocks Rivian Automotive…

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3 Beaten-Down EV Supplier Stocks to Avoid This Fall

Even though the market for electric vehicles (EVs) is growing, supply chain issues and a lack of EV charging stations are still holding it back. Moreover, rising geo-political conflicts might further deteriorate the supply chain. Therefore, beaten down and fundamentally-weak EV supplier stocks Wolfspeed (WOLF), Luminar (LAZR), and EVgo (EVGO)…

Why EVgo Stock Is Plunging Today

EVgo Inc (NASDAQ: EVGO) shares are trading lower Wednesday after Fuzzy Panda Research issued a bearish report on the EV charging company.

EV Charging As Easy As Topping Off Tank With Gas: What's EVgo & GM's New Feature Is All About?

EVgo Inc (NASDAQ:EVGO) and General Motors Co (NYSE:GM) have made available Plug and Charge for all GM electric vehicles with DC fast-charging capability on the EVgo network. The feature enables EVgo GM customers to start a fast-charging session without opening a mobile app or swiping an RFID or credit card. The service utilizes the latest…

Evgo Inks Commercial Agreement With This Auto Giant

EVgo Inc (NASDAQ:EVGO) has signed a commercial agreement with General Motors Co (NYSE:GM) brand Cadillac to offer drivers of the 2023 Cadillac LYRIQ the option of two years of unlimited public fast charging. The financial terms were not disclosed. Under the agreement, Cadillac offers eligible LYRIQ drivers the choice of 2 years of unlimited charging on EVgo's…

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EVgo Q1 Results Miss Street View; Affirms FY22 Outlook

EVgo Q1 Results Miss Street View; Affirms FY22 Outlook

EVgo Inc (NASDAQ:EVGO) reported first-quarter FY22 sales growth of 86% year-on-year to $7.7 million, missing the consensus of $8.73 million. EVgo's network throughput for the quarter was 8.0 Gigawatt-hours (GWh), a 95% Y/Y growth. Adjusted EBITDA loss was $(18.2) million versus $(9.8) million last year. Gross loss for the quarter narrowed to $(0.6)…

EVgo Opens Fast-Charging Station In Maryland

EVgo Opens Fast-Charging Station In Maryland

EVgo Inc (NASDAQ:EVGO) has opened a new EVgo public fast-charging station located at Valley Park Commons in Hagerstown, Maryland. The new EV charging station has four charging stalls equipped with two 100 kW fast chargers and two 350 kW fast chargers capable of simultaneous charging. The new Valley Park Commons charging station was…

JPMorgan Chase Partners With EVgo To Install EV Charging Stations

JPMorgan Chase Partners With EVgo To Install EV Charging Stations

Chase, the U.S. consumer and commercial banking business of JPMorgan Chase & Co (NYSE:JPM), has partnered with EVgo Inc (NASDAQ:EVGO) to install charging stations. Chase will pilot public fast electric vehicle charging stations across 50 of its U.S. branches beginning in the summer of 2022. The move will support the firm’s aim to expand on-site solar…

This EV Charging Stock Has A Better 6-Month Return Than Tesla, Ford, Nvidia And Apple

This EV Charging Stock Has A Better 6-Month Return Than Tesla, Ford, Nvidia And Apple

EVgo Inc (NASDAQ: EVGO) aims to expedite the adoption of electric vehicles for everyone, and recent traders and investors in the EV charging network provider have been rewarded handsomely.

EVgo Bags California Energy Commission Grants For Rideshare Electrification

EVgo Bags California Energy Commission Grants For Rideshare Electrification

EVgo Inc (NASDAQ:EVGO) has been selected for proposed awards for two California Energy Commission (CEC) Charging Access for Reliable On-Demand Transportation Services (CARTS) grants. The proposed grant amounts to over $3.6 million. The proposed awarding of two CARTS grants builds upon EVgo's previously announced partnership with Uber Technologies Inc (NYSE:UBER). EVgo will build twin public…

EVgo Registers 70% Revenue Growth In Q4, Tops Street View

EVgo Registers 70% Revenue Growth In Q4, Tops Street View

EVgo Inc (NASDAQ:EVGO) reported fourth-quarter FY21 sales growth of 70% year-on-year, to $7.1 million, beating the consensus of $6.17 million. EVgo's network throughput for the quarter was 8.2 Gigawatt-hours (GWh), a 95% Y/Y growth. Adjusted EBITDA loss was $(16.3) million versus $(8.8) million last year. Net loss for the quarter widened to $(46.3)…

EVgo Expands Advantage Program Partnership With The Save Mart Companies

EVgo Expands Advantage Program Partnership With The Save Mart Companies

EVgo Inc (NASDAQ:EVGO) said it is expanding its EVgo Advantage program in partnership with The Save Mart Companies, a family-owned grocer operating in more than 200 stores throughout California and Northern Nevada. The EVgo Advantage platform enables drivers to use promotions delivered from EVgo after a charging session is started at one of…

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EVgo Launches New Station At Wawa Store In Philadelphia

EVgo Inc (NASDAQ:EVGO) has opened the first live EVgo public fast-charging station at a Wawa store in Pennsylvania. The new charging station powers four charging stalls through two 100 kW fast chargers and one 350 kWh fast charger, capable of simultaneous charging. The launch marks EVgo's sixth charging site at a Wawa location. EVgo…

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