EVgo Celebrates More Than 1 Million Customer Accounts Across the U.S. as EV Adoption Continues to Grow [Yahoo! Finance]
EVgo Inc. (EVGO)
Company Research
Source: Yahoo! Finance
LOS ANGELES, May 21, 2024 BUSINESS WIRE )--EVgo Inc. (NASDAQ: EVGO) ("EVgo" or the "Company"), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced that the Company reached more than one million registered customer accounts nationwide. EVgo customer accounts have skyrocketed—increasing by 400% since April 2020. This momentum reflects growing EV adoption rates in the U.S. as well as increased demand for public charging infrastructure. During the first quarter of 2024, utilization on the EVgo network was approximately 19% nationwide, and the gigawatt hour throughput on the network nearly tripled year over year compared to the first quarter of 2023. EVgo more than doubled its registered accounts in under two years, having last celebrated reaching 500,000 accounts in October 2022 As demand grows on the network, EVgo continues to roll out features that optimize the customer experience, including Autocharge+, EVgo's streamlined plug and
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EVGO
News
- EVgo Recognizes Massive Rideshare Growth as Commercial Throughput More Than Tripled Year over Year in Q1 [Yahoo! Finance]Yahoo! Finance
- EVgo Recognizes Massive Rideshare Growth as Commercial Throughput More Than Tripled Year over Year in Q1Business Wire
- Third-party EV chargers are getting better, J.D. Power finds, which is a real problem for Tesla [Yahoo! Finance]Yahoo! Finance
- EVgo, Inc. (NYSE: EVGO) is now covered by analysts at Benchmark Co.. They set a "buy" rating and a $3.00 price target on the stock.MarketBeat
- GM's Barra backs away from having all-electric lineup by 2025, saying customers will decide [Yahoo! Finance]Yahoo! Finance
EVGO
Earnings
- 5/7/24 - Beat
EVGO
Sec Filings
- 6/4/24 - Form 4
- 6/4/24 - Form 4
- 6/4/24 - Form 3
- EVGO's page on the SEC website