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.

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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.

EVgo reports record revenues, secures DOE loan for growth

EVgo's Q3 performance reflects strong revenue growth and operational expansion
Strategic strengths include securing DOE loan, partnerships, and CapEx reduction plans
Challenges lie in achieving profitability and navigating competitive EV market dynamics
Opportunities exist in leveraging federal funding, partnerships, and expanding customer base

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The analysts like the electric-vehicle charging company's strategy and 'astute' management team.

EVgo Initiated at Hold by Needham. Analysts See It Becoming a 'Formidable Player'

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Investment Opportunity Breakdown: Electric Vehicle Charging Stocks

Now may be the time to charge up your portfolio with EVGO stock. Before the market finally realizes its potential.

Overlooked EV Charging Play EVgo Stock Shows Great Promise

EVgo Inc (NASDAQ: EVGO) has unveiled the all-new EVgo mobile app.  The app's design, features, and performance aims to provide a streamlined driver experience, giving customers personalized charging services while on the go.

EVgo Launches New Mobile App

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 unveiled the all-new EVgo mobile app. The app's modern design, convenient new features and enhanced performance provide a streamlined driver experience, giving customers more reliable and personalized charging services while on the go. Customers can charge with EVgo and our roaming partners in just three easy

EVgo Launches New Mobile App to Drive Personalized, Industry-Leading EV Charging Services

EV growth stocks are swinging up and down amid market volatility.

Better Buy: ChargePoint or a 50/50 Split of Volta and EVgo?

A big move for EVGO stock is just around the corner as value-added partnerships put this fast-charging EV-infrastructure contender in focus. The post $20 EVgo Price Prediction Is Actually an Understatement appeared first on InvestorPlace.

$20 EVgo Price Prediction Is Actually an Understatement

Hyzon Motors

Li-Cycle Holdings Corp

Microvast Holdings

Proterra

DENVER , Dec. 13, 2021 /PRNewswire/ - CIBC today announced that the CIBC Atlas Clean Energy Index (NYSE: NACEX) rebalance following the close of business on December 17, 2021 will result in the subsequent changes: Constituents to be added: EVgo, Inc. (Ticker: EVGO) Microvast Holdings, Inc. (Ticker: MVST) Proterra, Inc. (Ticker: PTRA) Li-Cycle Holdings Corp. (Ticker: LICY) Hyzon Motors Inc. (Ticker: HYZN) Volta, Inc. (Ticker: VLTA) Constituents to be removed: Beam Global (Ticker: BEEM) Constituent additions to and deletions from the Index do not reflect an opinion by CIBC US Private Wealth Management on the investment merits of the respective securities. For further information, please contact CIBC US Private Wealth Management at 720.221.5000.

CIBC announces changes to the CIBC Atlas Clean Energy Index (NACEX)

Rivian Automotive

XPeng

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Drivers are flocking to the EV-charger's app, and analysts see more gains ahead for investors.

Why EVgo Stock Jumped Today

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The shares of EVgo Inc (NASDAQ:EVGO) are up 4.9% at $12.77 at last check, after J.P.

Analyst: EVgo Stock Has Plenty of Support

EVgo Inc (NASDAQ:EVGO) is trading higher Thursday after JP Morgan initiated coverage with a positive outlook for the stock. JP Morgan analyst Bill Peterson initiated coverage on EVgo with an Overweight rating and announced a price target of $20.

Why EVgo Shares Are Trading Higher Today

EVgo (EVGO) stock is charging higher Thursday after an analyst initiated coverage of the shares with a strong price prediction. The post EVGO Stock Price Prediction: JPMorgan Thinks EVgo Will Hit $20 appeared first on InvestorPlace.

EVGO Stock Price Prediction: JPMorgan Thinks EVgo Will Hit $20

JPMorgan analyst Bill Peterson initiated coverage on EVgo Inc (NASDAQ:EVGO) with an Overweight rating and $20 price target, implying a 56% upside. Peterson views the company as a leader in the fast-charging electric vehicle space.

JPMorgan Sees Sharp Upside In This Electric Vehicle Charging Company

The stock price of EVgo Inc (NASDAQ: EVGO) increased by over 10% pre-market today. This is why it happened.

EVgo Stock (EVGO): Why The Price Jumped Today

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Recargo, a leading e-mobility software company and wholly-owned subsidiary of 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 PlugShare platform — the world's largest EV community — has surpassed one million app downloads since the start of 2021, the most in the app's history as EV adoption continues to increase across the globe.

PlugShare Platform Surpasses 1 Million Annual Downloads in 2021

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 it was selected for proposed awards for various grants from the California Air Resources Board (CARB) through the Bay Area Air Quality Management District (BAAQMD) to install new high powered direct current fast chargers (DCFC) to help the state meet its transportation electrification goals. Th

EVgo Selected by State of California for Proposed Awards of $1.7M in Grant Funding for 38 New DC Fast Charging Stalls at 5 Locations

QuantumScape

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The business plans of QuantumScape and EVgo have remained on track, but Arrival's schedule has been derailed.

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ASML Hld

European Sustainable Growth Acquisition Corp

Twitter

Wolfspeed

This week's Alpha Trader podcast features hosts Aaron Task and Stephen Alpher talking EVs with Pieter Taselaar, founding partner and portfolio manager of Lucerne Capital Management. He's also the CEO of European Sustainable Growth Acquisition Corp. (NASDAQ:EUSG), a SPAC which hopes to soon close on its acquisition of ADS-TEC Energy, a German-based company that manufactures EV charging stations that can charge batteries in minutes without putting strain on a city's electrical grids.

Alpha Trader Talks EV Infrastructure Plays With Pieter Taselaar (Podcast)

Given the strong partnerships of EVgo and the very low valuation of EVGO stock, the shares are worth buying for long-term investors. The post EVgo Stock Is Vastly Undervalued Given Its Partnerships appeared first on InvestorPlace.

EVgo Stock Is Vastly Undervalued Given Its Partnerships

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News for EVgo Stock (EVGO)