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Stock impact report

There's Now 1 EV Charging Station for Every 5 Gas Stations in California [CNET News]

EVgo Inc. (EVGO) 
Company Research Source: CNET News
to stop for some juice instead of being strictly tethered to their home EV chargers . The state is hoping that this boost in convenience and accessibility may encourage more drivers in the Golden State to go electric In video posted to X on April 27, Gov. Gavin Newsom drives up to what he calls a Tesla "super charging station" in a car made by a different brand to announce that Tesla is now allowing about 10,000 of these chargers to be used by other manufacturers' vehicles "Twenty-five percent of all new vehicle purchases in this state are now electric vehicles," Newsom said. "California dominates in this space. We want to maintain that leadership, maintain that dominance, as we transition from dirty tailpipes to a low-carbon, green growth future." Having fast, public access to EV charging is of increasing importance. California and other states have enacted tighter emissions laws and tax credits in hopes of getting environmentally damaging gas cars off the road in favor of zero Show less Read more
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