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Stock impact report

EVgo Opens First Public Fast Charging Site with Innovative Prefabrication Approach

EVgo Inc. (EVGO) 
Company Research Source: Business Wire
First in series of charging stations leveraging accelerated deployment approach designed to reduce installation timelines and costs LOS ANGELES--(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 the opening of its first fast charging station deployed using the Company’s new prefabrication approach. Located at the Bay Colony Town Center in League City, TX, this EVgo station is the first of several slated to open this year leveraging prefabrication, which is expected to reduce station construction costs by an average of 15% at eligible sites.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240321127697/en/EVgo's first prefabricated fast charging station in League City, TX provides EV drivers with comforts like integrated parking lot lighting with energy-efficient LEDs and nearby trash receptacles. (Photo: Show less Read more
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