Associated tags: Ridesharing, Travel, Work, Transport, Extension, EV, Automotive, EVS, Energy, Alternative Vehicles, Fuels, Alternative Energy, Electric Vehicles, EVgo, NRG Energy, Other Energy, General Automotive, Other Technology
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Growth EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the first quarter ended March 31, 2024.
Key Points:
- EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the first quarter ended March 31, 2024.
- Revenue reached $55.2 million in the first quarter of 2024, compared to $25.3 million in the first quarter of 2023, representing 118% year-over-year growth.
- EVgo eXtend™: EVgo ended the quarter with 130 operational EVgo eXtend™ stalls.
- Network Utilization: Utilization on the EVgo network in the first quarter of 2024 was approximately 19%, up from approximately 9% in the first quarter of 2023.
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Operation EVgo Inc. (NASDAQ: EVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that the company was recognized with a first place Leadership Award for Level 3 Electric Vehicle Charging – also known as DC fast charging – by the Los Angeles Department of Water & Power (LADWP).
Key Points:
- EVgo Inc. (NASDAQ: EVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that the company was recognized with a first place Leadership Award for Level 3 Electric Vehicle Charging – also known as DC fast charging – by the Los Angeles Department of Water & Power (LADWP).
- EVgo was honored as part of LADWP’s “Electrification of Transportation” category for its success deploying DC fast charging infrastructure in the Los Angeles metro area, expanding access to public charging in support of the state’s nation-leading climate goals.
- View the full release here: https://www.businesswire.com/news/home/20240501120294/en/
EVgo fast charging station in Los Angeles, CA.
- EVgo has a long history of collaboration with LADWP, including ongoing efforts with the utility and city agencies to streamline deployments of accessible EV charging infrastructure in Los Angeles through permitting and zoning reforms.
Retrieved on:
Wednesday, April 24, 2024
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Event EVgo Inc. (Nasdaq: EVGO), (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that it will release its first quarter 2024 financial results on Tuesday, May 7, 2024.
Key Points:
- EVgo Inc. (Nasdaq: EVGO), (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that it will release its first quarter 2024 financial results on Tuesday, May 7, 2024.
- This release will be followed by a webcast hosted by members of the EVgo management team at 8 a.m. PT (11 a.m.
- The call can also be accessed live over the telephone by dialing:
A copy of the press release with the financial results and the presentation discussed during the webcast will be available on the Investor Relations section of EVgo's website prior to the commencement of the webcast.
- An archive of the webcast will be available for a period of time shortly after the call on the Events & Presentations page in the Investor Relations section of EVgo’s website.
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Online shopping EVgo Inc. (NASDAQ: EVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that more than 50 EV models are eligible for its seamless Autocharge+ feature.
Key Points:
- EVgo Inc. (NASDAQ: EVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that more than 50 EV models are eligible for its seamless Autocharge+ feature.
- Once enrolled, Autocharge+ showcases a best-in-class customer experience for EV drivers by eliminating the need to open an app, swipe a credit card, or tap an EVgo program (RFID) card to initiate a fast charging session on the EVgo network.
- View the full release here: https://www.businesswire.com/news/home/20240409877127/en/
Over 50 EV models are eligible for EVgo's Autocharge+ feature.
- 1 Including older and/or discontinued EV models.
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Compensated emancipation EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced Scott Griffith has joined the EVgo Board of Directors (the “Board”), serving on the Nominating and Governance Committee, as well as the Audit Committee and Compensation Committee.
Key Points:
- EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced Scott Griffith has joined the EVgo Board of Directors (the “Board”), serving on the Nominating and Governance Committee, as well as the Audit Committee and Compensation Committee.
- View the full release here: https://www.businesswire.com/news/home/20240403143172/en/
Mr. Griffith joins EVgo’s Board with extensive experience in the mobility and automotive industry.
- Mr. Griffith also has prior experience as an Executive in Residence at General Catalyst Partners, a venture and growth capital firm.
- Mr. Griffith holds a BS in engineering from Carnegie Mellon University and an MBA from The University of Chicago Booth School of Business.
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Event EVgo Inc. (Nasdaq: EVGO), (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (“EVs”), today announced that its Chief Executive Officer, Badar Khan, and Chief Financial Officer, Olga Shevorenkova, will host a financial modeling webinar on Thursday, April 4, 2024.
Key Points:
- EVgo Inc. (Nasdaq: EVGO), (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (“EVs”), today announced that its Chief Executive Officer, Badar Khan, and Chief Financial Officer, Olga Shevorenkova, will host a financial modeling webinar on Thursday, April 4, 2024.
- The call can also be accessed live over the telephone by dialing:
An archive of the webcast will be available for a period of time shortly after the webinar on the Events & Presentations page in the Investor Relations section of EVgo’s website.
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Prefabrication 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.
Key Points:
- 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.
- In addition to cost savings, the prefabrication approach is also expected to reduce station installation timelines by as much as 50%.
- All prefabricated stations are expected to include 350kW high-power fast chargers, capable of simultaneous charging.
- For more information about the EVgo fast charging network, visit www.evgo.com .
NEW YORK, March 26, 2024 /PRNewswire/ -- SLB Capital Advisors, a real estate advisory firm focused on executing sale leasebacks for corporations and sponsors, arranged four leasing transactions on behalf of EVgo, a leader in electric vehicle charging solutions, by Q1 2024.
Key Points:
- SLB worked on behalf of EVgo to identify and source an institutional investor to fund cornerstone properties for EVgo's hubs business.
- The properties are located in Los Angeles, CA, Santa Monica, CA, San Diego, CA and Brooklyn, NY and are expected to feature fast charging stalls owned and operated by EVgo.
- He added that current cap rates make sale leasebacks an important source of both growth and permanent capital.
- With well over a decade of experience in deploying fast charging infrastructure, EVgo continues to innovate as we deliver a customer-centric fast charging network designed to serve all EV drivers."
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Kilowatt-hour EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the fourth quarter and full year ended December 31, 2023.
Key Points:
- EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the fourth quarter and full year ended December 31, 2023.
- Revenue reached $50.0 million in the fourth quarter of 2023, compared to $27.3 million in the fourth quarter of 2022, representing 83% year-over-year growth.
- Network throughput increased to 50 GWh in the fourth quarter of 2023, compared to 14 GWh in the fourth quarter of 2022, representing 257% year-over-year growth.
- EVgo Autocharge+: Autocharge+ was approximately 17% of total charging sessions initiated in the fourth quarter and Autocharge+ charging sessions in the fourth quarter increased 191% compared to the fourth quarter of 2022.
Retrieved on:
Wednesday, February 21, 2024
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Telephone EVgo Inc. (Nasdaq: EVGO), (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that it will release its fourth quarter and full year 2023 financial results on Wednesday, March 6, 2024.
Key Points:
- EVgo Inc. (Nasdaq: EVGO), (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that it will release its fourth quarter and full year 2023 financial results on Wednesday, March 6, 2024.
- This release will be followed by a webcast hosted by members of the EVgo management team at 8:00 a.m. PT (11:00 a.m.
- ET).
- An archive of the webcast will be available for a period of time shortly after the call on the Events & Presentations page in the Investor Relations section of EVgo’s website.