EVgo

EVgo, Inc. engages in the provision of electric vehicle charging station services. It offers the EVgo network, home charging solutions, work charging solutions, and freedom station plans to electric car owners. The company was founded in October 2010 and is headquartered in Los Angeles, CA.

Earnings data Q2 2021

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EVgo reports record revenue in 2022, expands partnerships for growth

EVgo's strong revenue growth in 2022 and deepening partnerships position it well in the evolving EV market. While facing challenges like supply chain disruptions, the company is focused on expanding its charging network and optimizing operational efficiency for future growth.

EVgo reports stellar Q1 earnings, poised for growth in EV market

EVgo's Q1 2023 performance reflects strong revenue growth, operational progress, and strategic partnerships positioning the company for future success.
While facing challenges in network utilization fluctuations and higher CapEx, EVgo's focus on technology and partnerships presents growth opportunities in the expanding EV market.
With a reaffirmed revenue guidance, successful first quarter, and a focus on network expansion and customer experience, EVgo's strategy is showing early signs of success.

EVgo excels in Q2, eyes collaborations for EV market dominance

EVgo's strong Q2 performance and strategic initiatives position the company as a key player in the EV market, driving revenue growth and operational efficiency
Challenges in revenue diversification and profitability require careful navigation, while opportunities in collaboration and technological advancements offer avenues for sustained growth
Increased investments in growth areas and extended liquidity into 2025 demonstrate EVgo's commitment to innovation, market leadership, and long-term sustainability

EVgo reports stellar Q3 results, eyes growth through partnerships

EVgo's Q3 2023 performance showcased exceptional revenue growth and improved EBITDA, with a strong focus on network expansion and customer satisfaction.
The company's strategic partnerships, financial guidance raise, and cost-saving innovations position it well for future growth and operational efficiency.
While facing challenges in CapEx reduction and regulatory advocacy, EVgo's financial strength, market optimization, and customer-centric approach present opportunities for sustained success.
With a clear path to profitability, EVgo's focus on network utilization, financing strategies, and regulatory engagement underpin its resilience and growth prospects.

EVgo achieves record revenue in Q4 2023, targets profitability

EVgo's Q4 2023 performance reflects strong revenue growth, operational efficiency, and a path towards profitability by 2025.
The company's strengths lie in its business model, financial discipline, strategic focus, and transparent asset-level profitability calculations.
Challenges include ongoing negative EBITDA, energy cost uncertainties, competition, and balancing expansion with profitability.
Opportunities exist in margin expansion, NEVI funding, OEM/commercial charging growth, and rideshare customer adoption of EVs.

EVgo doubles revenue, eyes EBITDA breakeven in 2025

EVgo's strong Q1 performance, focus on growth drivers, and strategic initiatives position the company for success.
Challenges in transitioning to Level 3 charging and managing seasonality require careful navigation.
Opportunities from industry shifts, site acquisitions, and identified expansion sites offer avenues for growth.
Maintaining margins, improving pricing strategies, and enhancing customer experience are key focus areas for sustained growth.

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SunPower

Stocks continue to trend higher with the S&P 500 trading near a 3-month high. We are bullish and expect more upside into what could be an accelerating market-wide short squeeze.

Bears Have Been Shooting Bricks For 3 Months - Buy These 5 Short Squeeze Ideas

EL SEGUNDO, Calif.--(BUSINESS WIRE)--PlugShare, the world's leading EV community and a part of the EVgo Inc. (NASDAQ: EVGO) family since mid-2021, today announced that the platform has surpassed five million check-ins worldwide. Check-ins are how drivers review their charging experience on PlugShare to help inform the EV community. With more than 600,000 charging stations listed on the platform, PlugShare's announcement comes on the heels of its recent user milestone of reaching over two millio

PlugShare Surpasses 5 Million Check-Ins as Number of EV Stations on App Increases 50%

LOS ANGELES--(BUSINESS WIRE)--EVgo Services, LLC (“EVgo”), a first mover in fleet electrification and owner and operator of the nation's largest public fast charging network for electric vehicles, today announced that it will release its second quarter 2022 financial results before market open on Tuesday, August 9th, 2022. This release will be followed by a conference call hosted by members of the EVgo management team at 11:00 AM Eastern Time. Interested investors and other parties may access a

EVgo Announces Timing of Second Quarter 2022 Earnings Results and Conference Call

ChargePoint Holdings

Wallbox NV

EV charging stocks are a tricky investment because, while they certainly have a future, where and what kind of future is complex. Electric cars are becoming more popular.

3 EV Charging Stocks to Buy for Massive Gains

PHILADELPHIA--(BUSINESS WIRE)--The City of Philadelphia's Department of Fleet Services today announced a partnership with EVgo Inc. (NASDAQ: EVGO), a leader in fleet electrification and owner and operator of the nation's largest public fast charging network for electric vehicles (EVs). Through the program, municipal vehicles from the City of Philadelphia will access charging on EVgo's 100% renewable-powered network through a discounted fleet charging plan. The City of Philadelphia aims to trans

City of Philadelphia Partners with EVgo to Support Electrification of Municipal Fleet

Blink Charging

Are these EV Charging Stocks worth checking out this week?

4 EV Charging Stocks For Your Mid-July 2022 Watchlist

General Motors

EVgo Inc (NASDAQ: EVGO) shares are trading higher by 9.59% to $6.98 Thursday afternoon after the company announced the EVgo eXtend project will deploy 2,000 charging stalls at Pilot and Flying J locations across the country in collaboration with General Motors Company (NYSE: GM) and Pilot Company.

Why EVgo Shares Are Rising After Collaboration Update With GM

Partnerships with Pilot Company and EVgo will allow for up to 500 new stations across the US.

GM Announces Plans for National EV Fast Charging Network

EVgo (EVGO) stock is on the move Thursday following news of a deal between General Motors (GM) and Pilot Company. The post EVGO Stock Moves on New Charging Network Plans appeared first on InvestorPlace.

EVGO Stock Moves on New Charging Network Plans

General Motors is teaming up with Pilot Flying J to build a national fast-charge network for EVs. The partnership between GM and Pilot will help accelerate EV sales by filling in gaps along the charging infrastructure.

GM and EVgo to build fast-chargers at Pilot Flying J gas stations

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO) (EVgo), the nation's largest public fast charging network for electric vehicles (EVs), today announced the first major EVgo eXtend project. The EVgo eXtend project will deploy 2,000 charging stalls at Pilot and Flying J locations across the country in collaboration with General Motors (GM) and Pilot Company. EVgo will install, operate, and maintain the network of 350 kW charging stalls for Pilot Company and GM at up to 500 Pilot and Flying

EVgo Announces EVgo eXtend Project to Deploy High Power Fast Charging Access to Drivers Across the US

General Motors Co. GM, +0.60% announced Thursday a collaboration with Pilot Travel Centers LLC to build out a nationwide elective vehicle (EV) fast-charging network of 2,000 charging stalls. The automaker said the network will be installed, operated and maintained by EVgo Inc. EVGO, +0.95%.

GM, EVgo and Pilot collaborate on building out EV fast-charging network

General Motors Co and travel operator Pilot said Thursday they will develop a national network of 2,000 electric vehicle charging stalls at travel centers to make it easier to recharge near highways.

GM, travel operator Pilot to develop EV charging network

GM and EVgo will install EV fast chargers at 500 Pilot and Flying J locations along US highways, enabling coast-to-coast travel.

General Motors will build a network of EV fast chargers at Pilot travel centers along U.S. highways

Powered by EVgo eXtend, this network will help enable long-distance electric travel across the U.S. DETROIT and KNOXVILLE, Tenn. , July 14, 2022 /PRNewswire/ -- To accelerate the widespread adoption of EVs, increase access to charging and help enable long-distance electric travel of people and vehicles across the U.S., GM and Pilot Company (Pilot and Flying J) are collaborating on a national DC fast charging network that will be installed, operated and maintained by EVgo through its eXtend offering.

GM and Pilot Company to Build Out Coast-to-Coast EV Fast Charging Network

Pilot Co. will install 2,000 electric fast chargers at 500 of its U.S. truck stops over the next few years, creating a coast-to-coast network in partnership with General Motors. Startup EVgo (NASDAQ: EVGO) will install, operate and maintain the chargers.

Pilot and GM plan coast-to-coast EV fast-charging network

Beam Global

As electric cars continue to gain traction, the demand for EV charging infrastructure is only set to blossom. To capitalize on the same, add stocks like BLNK, CHPT, EVGO and BEEM to your watchlist.

4 Charging Stocks Worth a Closer Look Amid EV Revolution

Here are the best EV charging stocks to buy with big investments in EV charging infrastructure expected in the United States and Europe. The post 4 Best EV Charging Stocks to Buy in July 2022 appeared first on InvestorPlace.

4 Best EV Charging Stocks to Buy in July 2022

Blade Air Mobility

Borr Drilling Ltd

Callon Petroleum

Power REIT

Vicarious Surgical

U.S. Silica Holdings

Although equities just finished one of the worst first-half performances ever, it also opened doors to the best bargain stocks to buy. The post 7 Best Bargain Stocks to Buy in July 2022 appeared first on InvestorPlace.

7 Best Bargain Stocks to Buy in July 2022

EVgo stock dropped 15% Wednesday after short seller and research firm Fuzzy Panda Research called the stock overvalued.

Wall Street Defends EVgo Stock After Short Seller's Report

Shares of EVGO stock are down more than 13% following accusations of false down-times and connections to Jeffrey Epstein. The post EVGO Stock Falls on Fuzzy Panda Short Report, Jeffrey Epstein Allegations appeared first on InvestorPlace.

EVGO Stock Falls on Fuzzy Panda Short Report, Jeffrey Epstein Allegations

Which EV charging stocks do you have on your watchlist right now?

4 EV Charging Stocks To Watch Ahead Of July 2022

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO), the nation's largest public fast charging network for electric vehicles (EVs), and General Motors (GM) today announced the availability of Plug and Charge for all GM EVs* with DC fast-charging capability on the EVgo network. Plug and Charge enables EVgo GM customers to start a fast-charging session in seconds without the need to open a mobile app or swipe an RFID or credit card, saving EV drivers time and helping to deliver a seamless and

EVgo and General Motors Activate Plug and Charge Across EVgo Network

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), the nation's largest public fast charging network for electric vehicles (EVs), has been added to the broad-market Russell 3000® and Russell 2000® Indexes at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the US market opens on June 27, 2022. Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of May 6, ranking them by total market capitalization. Members

EVgo Added to Russell 3000® and Russell 2000® Indexes

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO), the nation's largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced that the company was selected for proposed awards for two new California Energy Commission (CEC) Reliable, Equitable, and Accessible Charging for multi-family Housing (REACH) grants totaling $3.6M. These funds will be used to deploy new high-powered direct current fast chargers (DCFC) near multi-fam

EVgo Selected by California Energy Commission for Proposed Awards of $3.6M in Grant Funding to Build More Fast Charging Infrastructure for Multi-Family Housing Residents

News for EVgo Stock (EVGO)