EVgo closes a $1.25B federal loan to build 7,500 DC fast chargers
EVgo (Nasdaq: EVGO) yesterday announced the closing of a $1.25 billion guaranteed US Department of Energy (DOE) loan to build around 7,500 DC fast chargers.
Expand Expanding CloseEVgo (Nasdaq: EVGO) yesterday announced the closing of a $1.25 billion guaranteed US Department of Energy (DOE) loan to build around 7,500 DC fast chargers.
Expand Expanding CloseGM and EVgo have now reached the milestone of installing more than 2,000 co-branded public DC fast chargers in the US.
Expand Expanding Close“Tesla could not meet program standards” on Oklahoma’s NEVI EV charger installation program, so EVgo took over.
Expand Expanding CloseUS charging network EVgo has announced an expanded partnership with supermarket chain Meijer to install up to 480 new fast chargers at store locations across the Midwestern United States. Meijer has already installed EV chargers at over a third of its store locations.
Expand Expanding CloseEV charging network EVgo has published its Q3 2024 financial report, which shows record revenue and tremendous year-over-year growth. EVgo’s growth has continued over the last eight quarters, seven of which saw a triple-digit increase in energy throughput.
Expand Expanding CloseEVgo (Nasdaq: EVGO) has received a conditional commitment for a $1.05 billion US Department of Energy loan to build around 7,500 DC fast chargers.
Expand Expanding CloseLongtime collaborators General Motors (GM) and EVgo are expanding upon their existing relationship to bring flagship EV charging stations to major metropolitan areas around the United States. The new stations will be home to 400 fast-charging stalls, some of which will deliver charge rates as high as 350kW.
Expand Expanding CloseUS public fast-charging network EVgo (Nasdaq: EVGO) has reached more than 1 million registered customer accounts, doubling its 500,000 account mark in October 2022.
Expand Expanding CloseEVgo (Nasdaq: EVGO) will begin to deploy North American Charging Standard (NACS) connectors on its DC fast charging network this year.
Expand Expanding CloseFast charging network EVgo shared the progress of its Autocharge+ program today, relaying that over 50 Plug & Charge capable EVs are now eligible to utilize the feature. EVgo customers can skip the time required to access an app, credit card, or RFID and can simply plug in and begin their charging session.
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The first of 500 charging stations at Pilot Flying J rest stops are now open. General Motors announced the new partnership with Pilot Travel Centers and fast charging network EVgo last year, and today the companies announced that 17 charging stations are up and running across 13 states after a soft launch, which started in September.
DC fast charging network EVgo has announced a new deal with rental car company Hertz that offers drivers renting an electric car from any Hertz location in the US with discounts on charging for a year, with no subscription or session fees. EVgo is also following in Tesla’s footsteps and building prefabricated models for its charging sites.
Expand Expanding CloseFast charging network EVgo has announced a shift in its pricing model that expands kilowatt-hour (kWh) charging rates to each and every US state that allows it. By charging for the amount of energy used rather than the time spent charging, EVgo looks to incentivize EV drivers to spend less, while still utilizing a time-of-use component to alleviate some strain on the grid. We’ve broken everything down for you below.
Expand Expanding CloseOne of the largest fast-charging networks in the US, EVgo, announced Tuesday that Rivian R1S and R1T owners can now use its Autocharge+ program.
Expand Expanding CloseEVGo customers and PlugShare users now have access to two months of Amazon’s Audible Premium Plus for free.
Expand Expanding CloseEV charging network EVgo announced a new maintenance program today that will roll out upgrades, replacements, and even the retiring of hundreds of chargers across the US. The new “EVgo ReNew” program looks to improve the fast charging experience for its customers by “doubling down” on charger reliability.
Expand Expanding CloseEVgo has added Autocharge+ capability to Teslas using the Tesla CCS Adapter in its latest app update. This allows CCS-enabled Teslas to charge at EVgo stations without having to swipe a card. Strangely, it only works when using the Tesla CCS adapter and not when using a normal Tesla connector available at some EVgo stations. We’ll explain below.
Expand Expanding CloseGood news for EV drivers: If you complete a qualifying charging session at an EVgo station, you will be eligible for a $5 Fandango promotion code to see the new “Black Adam” movie in theaters, featuring The Rock.
Expand Expanding CloseUS public charging network EVgo has announced an expansion of its Plug and Charge capabilities via its new Autocharge+ technology. Previously, owners of Plug and Charge capable GM EVs could utilize the feature on the EVgo network, but that opportunity is now available for drivers of plenty other EVs, including Ford.
Expand Expanding CloseUS public charging network EVgo has announced a new supply agreement with global energy solutions provider Delta Solutions for 1,000 fast charger piles capable of charge outputs up to 350 kW. This news is particularly relevant because some of those 1,000 piles will be deployed by EVgo on the nationwide network recently announced by GM and Pilot Company / Flying J.
Expand Expanding CloseThe US’s most extensive public fast charging network, EVgo, reported Q2 earnings today, reflecting strong growth on the heels of soaring EV demand.
Expand Expanding CloseGeneral Motors (GM) has announced a collaboration with Pilot Company to implement a coast-to-coast DC fast charging network co-branded with both the “Pilot Flying J” and “Ultium 360” logos. The new charging network will be powered by EVgo’s eXtend charging services for businesses.
Expand Expanding CloseThis is big. General Motors (GM) has announced that it is adding Plug and Charge capabilities to its Ultium Charging 360 network of charge providers across North America and across its line of Bolt, Hummer and Cadillac Lyriq EVs.
To begin, drivers with an EVgo account will be able to utilize the convenience of Plug and Charge before GM expands the technology to additional charging networks across its Ultium Charge 360 family.
Expand Expanding CloseTesla’s own CCS adapter was spotted charging a Model Y at over 200 kW – a first for Tesla’s elusive adapter. Is it finally going to be available?
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