EVgo Inc. (NASDAQ: (EVGO) stock declined by 3.60% at the last close whereas the EVGO stock price gains by 3.98% in the pre-market trading session. EVgo is the country’s biggest public rapid charging network for electric vehicles, as well as the first to be entirely driven by renewable energy.
What’s coming?
Cathy Zoi, EVgo’s Chief Executive Officer, will participate in today’s Climate Tech webinar hosted by Roth Capital and NGO Sustainability Inc.
EVGO stock’ Current Update
EVgo Company revealed the installation of a new EV charging station at Lloyd King Center, situated at 6350 Sheridan Boulevard in Arvada, Colorado, consisting of six new EVgo public direct current fast chargers (DCFC).
In Colorado, there are now 86 EVgo chargers, comprising 39 Level 2 and 47 DCFC charges. Four of the latest EVgo public fast chargers are 350 kW high-capacity chargers that can offer up to 180 miles in 15 minutes. The 2 additional chargers are each capable of supplying around 90 miles in 15 minutes and are each 100 kW.
The additional fast chargers will allow zero emission charging to EV drivers and assist Colorado’s Zero Emission Vehicle objectives, thanks to EVgo’s 100 percent renewable-powered network. Colorado has consistently been a pioneer in the adoption of electric vehicles. In 2013, it launched the Charge Ahead Colorado subsidy initiative, which stimulates the installation of electric vehicle charging stations around the state.
Lt. Governor Dianne Primavera commented that,
The Polis-Primavera government is dedicated to improving clean air initiatives and saving drivers money by growing EV usage across the state. The addition of EVgo’s latest fast charging station at Lloyd King Center adds to the energy behind increasing the state’s accessible EV charging infrastructure, which will assist expedite the adoption of electric vehicles across the state. As the proud owner of an electric vehicle, she understands how annoying it may be to be in need of a charging station yet unable to locate one. They are ecstatic to be able to provide more charging options to communities across the state.
