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-0.00107991360691162 0 0.00323974082073427 0.00539956803455712 0.029157667386609 0.0453563714902808 0.0313174946004319 0.0140388768898487
Stock impact report

EVgo (EVGO) Stock Is Up, What You Need To Know [Yahoo! Finance]

EVgo Inc. (EVGO) 
Company Research Source: Yahoo! Finance
after California's governor reversed a pledge to restore the state's EV tax credit, opting instead to redirect funds toward expanding charging infrastructure. This policy shift was viewed as a significant tailwind for companies in the electric vehicle charging space. The decision to invest directly in building out the charging network, rather than incentivizing vehicle purchases, suggested increased government support for infrastructure development. This move could potentially accelerate the growth of charging station networks. The positive sentiment was further supported by broader industry trends, including new partnerships designed to improve charging access for commercial fleets and a general rise in demand for charging stations as EV adoption continued to grow. After the initial pop the shares cooled down to $4.62, up 2.3% from previous close. Is now the time to buy EVgo? Access our full analysis report here, it's free What Is The Market Telling Us EVgo's shares are e Show less Read more
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