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The 2023 EV Charging Station Report: State-by-State Breakdown
by Zutobi · Updated Aug 02, 2023
https://zutobi.com/us/driver-guides/the-us-electric-vehicle-charging-point-report
Summary
- The number of EVs in the US has increased by 42% since the last edition of the report, increasing from 1,019,260 to 1,454,580.
- However, the growth in public charging outlets hasn’t quite matched that, growing from 128,549 to 143,771 over the same period, an increase of around 12%.
EVgo and General Motors Open 1,000th DC Fast Charging Stall as Part of Metropolitan Charging Collaboration
August 01 2023
https://ih.advfn.com/stock-market/NASDAQ/evgo-EVGO/stock-news/91701214/evgo-and-general-motors-open-1-000th-dc-fast-charg
Key quote "To date, EVgo and GM have opened fast charging stalls across nearly 230 locations in 39 markets covering 27 states, with the majority featuring high-power 350kW fast charging. EVgo and GM are working together to broaden access to public charging where EV drivers already spend time, such as grocery stores, retail centers and city centers, while also serving the need for customers who are unable to charge at home or work, such as renters and those living in multifamily dwellings."
EVgo Introduces “Charge Talk” Video Series to Answer Current and Future EV Drivers’ Biggest Questions on EV Charging
July 27 2023
https://ih.advfn.com/stock-market/NASDAQ/evgo-EVGO/stock-news/91662108/evgo-introduces-charge-talk-video-series-to-an
EVgo to Report Second Quarter 2023 Results on August 2, 2023
July 25 2023
https://ih.advfn.com/stock-market/NASDAQ/evgo-EVGO/stock-news/91644147/evgo-to-report-second-quarter-2023-results-on-augu
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 second quarter 2023 financial results on Wednesday, August 2, 2023. This release will be followed by a webcast hosted by members of the EVgo management team at 2:00 p.m. PT (5:00 p.m. ET).
EVgo Second Quarter 2023 Webcast
When: Wednesday, August 2, 2023
Time: 2:00 p.m. PT (5:00 p.m. ET)
Live Webcast: https://investors.evgo.com/events-and-presentations
The call can also be accessed live over the telephone by dialing:
Toll Free: (888) 340-5044 (for U.S. callers)
Toll/International: (646) 960-0363 (for callers outside the U.S.)
Conference ID: 6304708
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.
EVgo and Partners Selected by Ohio Department of Transportation for Proposed Awards of $13.8M in NEVI Funding for 20 Fast Charging Stations Along Interstate Corridors
July 17 2023
https://ih.advfn.com/stock-market/NASDAQ/evgo-EVGO/stock-news/91582944/evgo-and-partners-selected-by-ohio-department-of-t
Wall Street is positive on Evgo Inc (EVGO). On average, analysts give EVGO a Buy rating. The average price target is $7.9, which means analysts expect the stock to increase by 85.45% over the next twelve months. That average ranking earns EVGO an Analyst Rating of 33, which is better than 33% of stocks based on data compiled by InvestorsObserver.
https://www.google.com/amp/s/www.investorsobserver.com/news/stock-update/amp/evgo-inc-evgo-stock-do-analysts-think-you-should-sell
$EVGO
EVgo charging stations featured prominently in this video posted a week ago.
Its quite possible, EVgo popped to $18.00 with much less
Anyone else pumped? Hoping we go in a rampage to 8-12 here in a few months
Today, companies including Tesla, General Motors, EVgo, Pilot, Hertz and bp, among others, are announcing new commitments to expand their networks by thousands of public charging ports in the next two years,
https://www.whitehouse.gov/briefing-room/statements-releases/2023/02/15/fact-sheet-biden-harris-administration-announces-new-standards-and-major-progress-for-a-made-in-america-national-network-of-electric-vehicle-chargers/
Just give this a gander —
We are so freaking early
https://www.pwc.com/us/en/industries/industrial-products/library/electric-vehicle-charging-market-growth.html
Oof, 800 shares $4.00 average come on baby! Stay afloat!
Expert Ratings for EVgo: https://www.google.com/amp/s/www.benzinga.com/amp/content/32932277
$EVGO $EV
Tesla May Have Accidentally Created a Potential $5 Billion EV Charging Business
BY JUSTIN WORLAND
JUNE 15, 2023
https://time.com/6287589/tesla-ev-charging-business-model/
And here we are — up and up. Hope someone caught this AM sub $4 — may be the last
Ekkkkk and it continues….
How we doing? Gonna load a little more for a big round number here.
EVgo Announces Plans to Expand NACS Deployments
June 12 2023
https://ih.advfn.com/stock-market/NASDAQ/evgo-EVGO/stock-news/91305142/evgo-announces-plans-to-expand-nacs-deployments
Recent Announcements by Tesla, GM, and Ford Underscore Acceleration of Deployments That Can Help to Spur Faster EV Sales, Throughput Growth on EVgo and Other Networks
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 the company will be adding North American Charging Standard (NACS) connectors to its fast charging network across the country following the recent announcements by Ford and General Motors (GM) that they will be leveraging NACS starting some time in 2025.
"EVgo first deployed integrated Tesla connectors in 2020, and with the recently announced expansion of the number of automakers using the NACS connector, we are excited to announce that we will also be integrating NACS connectors on the EVgo network in future deployments as well as on some existing chargers,” said Cathy Zoi, CEO of EVgo. “As a first mover in EV charging, EVgo has a history of delivering for all EV drivers, evolving from CHAdeMO only to CHAdeMO and CCS, and now CHAdeMO, CCS, and NACS through both integrated connectors and Tesla to CCS adapters. We believe these developments will help to accelerate EV adoption rates and sales, which in turn will spur throughput growth on EVgo's network.
“With the shift to EV ubiquity underway, growing demand for charging means there will need to be hundreds of thousands of new fast chargers deployed in the US over the next decade, and we know that customers select chargers based on location, convenience, and ease of use. That is why EVgo prioritizes the deployment of technology like Autocharge+, EVgo Rewards™ and Reservations, and more, so that EV drivers can quickly, reliably, and conveniently charge their vehicles no matter which plug they use. With EVgo Renew™ underway and ongoing, we will also assess which future upgrades or replacements can include a NACS connector as well.
“EVgo's long-term success is directly tied to EV adoption at scale, our fantastic partnerships, and our continued technology leadership. All of our automaker partnerships continue apace, and the dozens of new electric vehicle models coming to market in combination with the expansion of access to charging for NACS and CCS vehicles will help take us even closer to making our vision of Electric for All a reality. "
About EVgo
EVgo (Nasdaq: EVGO) is a leader in charging solutions, building and operating the infrastructure and tools needed to expedite the mass adoption of electric vehicles for individual drivers, rideshare and commercial fleets, and businesses. Since 2019, EVgo has purchased renewable energy certificates to match the electricity that powers its network. As one of the nation’s largest public fast charging networks, EVgo’s owned and operated charging network includes around 900 fast charging locations, 60 metropolitan areas and 30 states. EVgo continues to add more DC fast charging locations across the U.S., including stations built through EVgo eXtend™, its white label service offering. EVgo is accelerating transportation electrification through partnerships with automakers, fleet and rideshare operators, retail hosts such as grocery stores, shopping centers, and gas stations, policy leaders, and other organizations. With a rapidly growing network, robust software products and unique service offerings for drivers and partners including EVgo Optima™, EVgo Inside™, EVgo Rewards™, and Autocharge+, EVgo enables a world-class charging experience where drivers live, work, travel and play.
Quote: "EVgo fast chargers are compatible with all fast charge capable EV models currently on the market, including Tesla Models S/3/X/Y (with a CHAdeMO adapter), Nissan LEAF, Chevrolet Bolt, BMW i3, Jaguar iPace, Kia Niro EV, Hyundai Kona, Audi e-Tron, Porsche Taycan, Honda Clarity, and many others."
Source: https://www.evgo.com/ev-drivers/
Great buy! Agreed. Missed those 3.60's. :(
bought 3.65 They really want to short this damn thing. I'll be here. 3.84 showed a little relief for me.
GM will be using Tesla's network of superchargers. Chargepoint, Blink and EVGO are all down because of it.
so Tesla GM merger has EVGO tanking today? How does that make any sense
Snagged 3.92 this AM - I have more powered but would like to see where this goes now -- Did not expect a drop like that at all. TSLA can lead but it wont be the only charging station coin the industry. If EVGO can get the NACS in place on good throughput, we're golden pony boy! EVGO
nah, that was last week,
How we doing gents? Going to try to pad sub $4 today.
I hear ya with the OTC. Goodness, it's been brutal for a lot of tickers over there. I'm down myself with a few Uranium tickers even though Spot Uranium is up nicely. Go figure...
You're right though, I think this will make a strong recovery in time.
GL
Couldn’t swing that much the last few days as I’m in some badly beaten OTCs — BUT I am full. I will ya’ll at $8-9 and unload have for free shares — would love fast momentum to 10-12 but that will take time
$EVGO
I only have 3k shares, but love the article just the same! :)
Insiders Pour Millions Into These 2 Beaten-Down Stocks, Analysts Say They Could Be Ready to Bounce Back — Here’s Why You Should Pay Attention
https://finance.yahoo.com/news/insiders-pour-millions-2-beaten-223955131.html
3 EV Charging Stocks to Buy for Explosive Growth
Not all EV charging stocks are created equal
https://investorplace.com/2023/05/3-ev-charging-stocks-to-buy-for-explosive-growth/
$EVGO
Snagged 130 shares today.
Thinking of another 100 but I probably should wait so I don’t over trade.
We are sub the 4.25 price too so that’s great!
EVgo Announces Addition of Two New Board Members, Paul Segal and Jonathan Seelig
May 22 2023
https://www.businesswire.com/news/home/20230522005696/en/
Additions of seasoned executives with finance and technology backgrounds further strengthens Board of Directors with deep sector expertise
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 election of Paul Segal and Jonathan Seelig as Class II directors at the Company’s 2023 annual meeting of stockholders. Both directors’ terms expire at the 2026 annual meeting of stockholders.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230522005696/en/
Paul Segal and Jonathan Seelig (Photo: Business Wire)
Paul Segal has served as Chief Executive Officer of LS Power since 2011. He is also a member of LS Power’s Management Committee, overseeing one of the largest independent power and transmission developers in the U.S. Prior to his appointment as Chief Executive Officer, Mr. Segal oversaw LS Power’s asset management and renewables development activities. Before joining LS Power, in 2002 Mr. Segal founded Luminus Management, a hedge fund that invested across the capital structure of publicly traded power, energy, utility and related companies, and served as its President and Portfolio Manager until 2011. Mr. Segal began his career at Smith Barney as a generalist in the Mergers and Acquisitions Investment Banking group. He graduated with highest honors from the Rutgers College of Engineering with a B.S. in Biochemical Engineering. Mr. Segal currently serves as a member of the Mount Sinai Department of Medicine Advisory Board, the Weill Cornell Medicine Dean’s Council, the board of the Digestive Disease Research Foundation, and the Advisory Board of the NYU Law School’s Institute for Policy Integrity.
Jonathan Seelig has been a technology industry founder, operator and investor for over 25 years. He co-founded Ridge, a cloud computing platform, in October 2018 and served as its CEO from October 2018 to October 2021 and as its Chairman from October 2021 to the present. Mr. Seelig co-founded Akamai Technologies, Inc., a content delivery network, cybersecurity and cloud service company, in 1997, and has held leadership or investment roles in dozens of early-stage companies in the technology and transportation sectors. These roles have included director of Zipcar, a car sharing company, from 2001 to 2010 (Chairman from 2003-2010), director of Zagster, a designer, builder and operator of bike sharing programs, from January 2017 to September 2019, and director of Zoom Telephonics, a creator of cable modems and other internet access products, from May 2019 until December 2020. Mr. Seelig received a Bachelor of Science from Stanford University. In addition to serving on EVgo’s Board of Directors (the “Board”), Mr. Seelig will also serve as Chair of the Board’s Nominating and Governance Committee and as a member of both the Audit Committee and Compensation Committee.
“We are thrilled to welcome Paul and Jonathan to the EVgo Board,” said Cathy Zoi, CEO of EVgo. “Their leadership, industry and finance experience will be invaluable to EVgo during this period of tremendous growth for the EV industry and for EVgo.”
About EVgo
EVgo (Nasdaq: EVGO) is a leader in charging solutions, building and operating the infrastructure and tools needed to expedite the mass adoption of electric vehicles for individual drivers, rideshare and commercial fleets, and businesses. Since 2019 EVgo has purchased renewable energy certificates to match the electricity that powers its network. As one of the nation’s largest public fast charging networks, EVgo’s owned and operated charging network includes around 900 fast charging locations, 60 metropolitan areas and 30 states. EVgo continues to add more DC fast charging locations through EVgo eXtend™, its white label service offering. EVgo is accelerating transportation electrification through partnerships with automakers, fleet and rideshare operators, retail hosts such as grocery stores, shopping centers, and gas stations, policy leaders, and other organizations. With a rapidly growing network, robust software products and unique service offerings for drivers and partners including EVgo Optima™, EVgo Inside™, EVgo Rewards™, and Autocharge+, EVgo enables a world-class charging experience where drivers live, work, travel and play.
For Investors:
investors@evgo.com
For Media:
press@evgo.com
EVGO is the only charging company with fast chargers getting someone in and out in 2 hours. I think we have 1100 units out there, barely a smidgeon as the EV wars begin
Soaking these up with you. When EV makes its way, we will be sitting nicely.
And... Qtr Revenue of $25.3M is +228.6% Y/Y. I couldn't help myself so I added another 2k at $3.88. I think it's a no-brainer at these levels.
As of early 2023, EVgo operates more than 850 charging stations in over 60 metropolitan areas across more than 30 states.
$EVGO
Agreed! Took a starter at 3.98 just now. :)
Darn DILUTION does it every time. Hate that word!
Not crashing? Down 30% in 2 days is NOT ideal...
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