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.

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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General Motors

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO), owner and operator of the nation's largest public fast charging network for electric vehicles (EVs), and General Motors (GM) announced an expansion of their fast charging infrastructure build-out collaboration currently underway across the U.S. EVgo and GM previously announced a tripling of the EVgo network with plans to build 2,750 charging stalls through 2025. In response to the growing demand for charging infrastructure and new vehicles

General Motors and EVgo Boost Build Plan for High Power Fast Chargers Across the US

Blink Charging

QuantumScape

Investors expect big things ahead from EV charging and battery stocks under the Biden administration.

Why Blink Charging, EVgo, and Quantumscape Stocks Sizzled Today

The stock price of Evgo Inc (NASDAQ: EVGO) increased by over 15% during intraday trading today. This is why it happened.

Evgo (EVGO) Stock: Why The Price Surged Today

ChargePoint Holdings

Volta

EV stocks like ChargePoint, EVgo and Volta surged after infrastructure bill passed, which promises $7.5 billion in EV charging station funding.

Electric vehicle charging stocks surge as Congress clears infrastructure bill with $7.5 billion for EV sector

Shares of electric-vehicle charging companies and others related to EVs soared Monday on the heels of the U.S. Representatives late Friday approving a $1 trillion infrastructure bill, a win for the Biden administration. The package has about $7.5 billion to fuel efforts to build a network of electric-vehicle charging stations and other EV charging-related initiatives.

EVgo, other EV-related stocks at multi-month highs after infrastructure package

EVgo (EVGO) stock is on the move today on news of President Joe Biden's new infrastructure bill passing and we've got the details. The post EVGO Stock: 10 Things to Know About EVgo Following Infrastructure Bill Wins appeared first on InvestorPlace.

EVGO Stock: 10 Things to Know About EVgo Following Infrastructure Bill Wins

EVgo Inc (NASDAQ: EVGO) is trading higher Monday after the company announced it was awarded several grants from the Pennsylvania Department of Environmental Protection to install new high powered 350 kW DC fast charging stations capable of simultaneously charging 14 EVs. The Pennsylvania DEP aims to permanently reduce NOx emissions by as much as 27,700 tons through its Driving PA Forward initiative.

Why EVgo Shares Are Rising Today

After running on empty most of this year, EV charging stocks have gotten a jolt from passage of the $1 trillion infrastructure bill. The post EV Charging Stocks: Why Are CHPT, VLTA, BLNK, EVGO Powering Higher Today?

EV Charging Stocks: Why Are CHPT, VLTA, BLNK, EVGO Powering Higher Today?

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 awarded several grants from the Pennsylvania Department of Environmental Protection (DEP) to install new high powered 350 kW DC fast charging stations. These projects are supported by the latest funding from the Pennsylvania DEP's Driving PA Forward initiative and add to the 3 stations a

EVgo Awarded Grant Funding by State of Pennsylvania to Expand Availability of DC Fast Charging Stations

Even after a recent rally, the electric vehicle charging stock is still down roughly 4% year to date.

Why EVgo Stock Climbed 14.4% in October

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Strong numbers from EV manufacturers, high hopes from the U.N. climate summit, and a short squeeze sent EV stocks zooming.

Why EV Charging and Battery Stocks Rocketed Monday

This article is an analysis and valuation about EVgo, which is the largest pure-play publicly accessible fast charger service provider. Fast chargers are an essential part of accomplishing national wide adoption of electric vehicles. But I believe the current price does not reflect the potentials.

EVgo: This Stock Can Electrify Your Returns

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO), a first mover in fleet electrification and owner and operator of the nation's largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, will accelerate construction of new EV charging sites — in addition to the 18 sites already live within LADWP's territory — further solidifying its place as the largest network of public fast charging stations in Los Angeles. EVgo's expanded site pipe

EVgo Applauds LADWP Commercial Electric Vehicle Charging Rates and Streamlined Development Processes and Accelerates Construction of New Fast Charging Stations Within LADWP Territory

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (“EVgo”), the nation's largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced that it will release its third quarter 2021 financial results before market open on Wednesday, November 10th, 2021. 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 live webcast of

EVgo Announces Timing of Third Quarter 2021 Earnings Results and Conference Call

Shares of EVgo Inc. (NASDAQ: EVGO) moved modestly higher during Tuesday's after-hours session after the company released an update regarding a new EV charging station consisting of six new EVgo public direct current fast chargers (DCFC) in Colorado. Today's announcement adds to the count of EVgo chargers already present in the state of Colorado, which sums to 86 total chargers, including 39 Level 2 and 47 DCFC chargers.

Why EVgo Stock Moved Higher During Tuesday's After-Hours Session

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”), the nation's largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced that Cathy Zoi, Chief Executive Officer at EVgo, will be participating in Roth Capital and NGO Sustainability Inc.'s Climate Tech webinar on October 27, 2021 from 9:30-11:30a ET. For those wishing to register to attend the webinar, the link can be found here: https://roth.z

EVgo to Participate in Roth Capital and NGO Sustainability Inc.'s Climate Tech Webinar

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, announced today the opening of a new EV charging station comprised of six new EVgo public direct current fast chargers (DCFC) at Lloyd King Center, located at 6350 Sheridan Boulevard in Arvada, Colorado. Today, there are 86 EVgo chargers in the state of Colorado, including 39 Level 2 and 47 DCFC chargers. Four of t

EVgo and GM Energize New EV Fast Chargers at Regency Centers in Arvada, Colorado

HOOKSETT, N.H., Oct. 21, 2021 /PRNewswire/ -- Merchants Fleet, the nation's fastest growing fleet management company, announced today a partnership with EVgo (Nasdaq: EVGO), a first mover in fleet electrification and owner and operator of the country's largest public fast-charging network for electric vehicles (EVs) and first powered by 100% renewable electricity.

Merchants Fleet and EVgo Announce Partnership to Expand EV Charging Accessibility for Fleets

EVgo wants to build America's largest fast charging network. It enters a rapidly growing space beset by significant competition.

EVgo: Fast Charging For The Growing Electric Vehicle Mass

The market is giving high valuations to EV charging stocks, but they may not be worth it.

Why EV Charging Stocks Could Fall Further

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Today, investors in various EV stocks are seeing tremendous buying pressure as investors bid up shares of electric vehicle stocks. The post EV Stocks: What's Going On With ARVL, FCEL, EVGO, GOEV, CHPT and FSR Today?

EV Stocks: What's Going On With ARVL, FCEL, EVGO, GOEV, CHPT and FSR Today?

The electric vehicle recharging stock hit a milestone that caught investors' attention, but it ended up in the red.

Why EVgo Stock Dropped 11% in September

EVgo, known for its network of fast-charging stations across the U.S., disclosed its quarterly financial results for the first time last month following its Nasdaq debut on July 2nd.

EVgo: Powered By Competitive Advantages And Strong Industry Tailwinds Ahead

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO), a first mover in fleet electrification and owner and operator of the nation's largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced the expansion of EVgo Fleet Charging Solutions with a new suite of services to support fleets as they electrify their vehicles. EVgo, which serves over 300,000 customer accounts today including rideshare, autonomous, delivery, universi

EVgo Unveils New Fleet Solutions to Support Growing EV Fleet Market

Analysts at Credit Suisse started coverage of EVgo Inc. EVGO, +5.29% shares with the equivalent of a buy rating and an $11 price target, saying in a note Tuesday that the EV-charging company is a "market leader" in building fast-charging stations for passenger and commercial electric vehicles. "EVgo benefits from rapidly growing EV adoption, supportive policies and potential incentives for the industry under the infrastructure bill, first-move advantage with strategic partnerships, and an attractive valuation after recent pull back," the Credit Suisse analysts said.

News for EVgo Stock (EVGO)