EVgo Opens First Public Fast Charging Site with Innovative Prefabrication Approach [Yahoo! Finance]
EVgo Inc. (EVGO)
Company Research
Source: Yahoo! Finance
LOS ANGELES, March 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 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. With EVgo network throughput growing five times faster than the increase in EVs in operation (VIO) in the fourth quarter of 2023, the prefabrication approach enables EVgo to scale more quickly to meet drivers' demand for convenient and reliable charging options. In addition to cost savings, the prefabrication approach is also expected to reduce station installation timelines by as much as 50%. "The opening of our first prefabricated site
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EVGO
News
- EVgo to Report First Quarter 2024 Results on May 7, 2024 [Yahoo! Finance]Yahoo! Finance
- EVgo to Report First Quarter 2024 Results on May 7, 2024Business Wire
- EVgo Expands Autocharge+ to More Than 50 Electric Vehicle Models [Yahoo! Finance]Yahoo! Finance
- EVgo Expands Autocharge+ to More Than 50 Electric Vehicle ModelsBusiness Wire
- EVgo, Inc. (NYSE: EVGO) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $4.00 price target on the stock.MarketBeat
EVGO
Earnings
- 3/6/24 - Beat
EVGO
Sec Filings
- 4/3/24 - Form ARS
- 4/3/24 - Form DEFA14A
- 4/3/24 - Form DEF
- EVGO's page on the SEC website