Despite solid demand and government support, the electric vehicle (EV) industry is grappling with supply chain disruptions and semiconductor chip shortages. The lack of enough charging infrastructure and inoperable charging. Despite solid demand and government support, the electric vehicle (EV) industry is grappling with supply chain disruptions and semiconductor chip shortages. The lack of enough […]
Chase Bank partners with EVgo to add electric vehicle charging stations at 50 US branches – EQ Mag Pro
Chase announced Thursday that it is partnering with EVgo to install electric vehicle charging stations at select branches in the U.S. The company’s aiming to add chargers to 50 branches by summer 2023. Chase has just over 4,700 locations across the lower 48 states. The company also said that it will add solar panels to […]
Why EV Charging Stock EVgo Is Crashing Today – EQ Mag Pro
An analyst downgrade breaks the stock’s winning streak. The market seems to have found an excuse to book profits in the EV charger stock after its recent jaw-dropping rally. What happened Shares of EVgo (NASDAQ:EVGO) crashed on Monday, slumping by 14.3% as of 12:45 p.m. EST. Today’s drop brings the electric vehicle (EV) charging stock’s […]
How to Plug Into Electric-Vehicle Chargers
Chargers may prove better investments than many EV makers, but stock pickers still need to choose between a plethora of business models. Among the picks and shovels in the electric-vehicle boom are charging points. They seem to be more reliable bets than the startup car brands looking to take on Tesla, but investors still need […]
EV Charging Stalwart ChargePoint Seeks $2.4B Valuation in Reverse Merger
ChargePoint CEO differentiates his company’s prospects from the frothy SPAC market, claims revenue potential is “directly proportional” to EV growth. After raising $660 million from private investors, electric vehicle charging company ChargePoint is taking a crack at going public through the same method that a half-dozen EV makers have taken so far this year: a […]
ChargePoint Raises Another $127M as EV Charging Wars Heat Up
Latest round brings ChargePoint’s total funding to $660 million, as it competes with deep-pocketed rivals such as BP Chargemaster and Shell’s Greenlots. ChargePoint has raised $127 million, its latest massive round of equity financing to build out a U.S. and European charging network to meet the needs of a fast-growing global electric vehicle fleet. Wednesday’s […]
GM, EVgo to install 2,700 electric-vehicle charging stations
Detroit : General Motors Co. and EVgo, a public electric-vehicle charging network, are joining forces to add 2,700 electric-vehicle fast-chargers to the network to spur adoption of the vehicles across the U.S. The installation, which will take place in the next five years, will triple the size of EVgo’s charging network with charging stations being […]
EVgo acquired by power generation and transmission firm LS Power
Power generation and transmission business LS Power Development, LLC, has signed a definitive agreement to acquire EVgo from its current owner, Vision Ridge Partners. EVgo is one of the leading private operators of electric vehicle charging stations in the United States. LS Power is employee-owned and has offices in New York, New Jersey, Missouri, California, […]
California’s Community Choice Aggregators are Filling the Gaps in EV Charger Investment
CCAs haven’t invested as much as utilities in EV charging infrastructure. New state grants for Silicon Valley CCAs, munis will help close the gaps. California’s community-choice aggregators are increasingly taking utility customers and signing big renewable energy deals. But CCAs have not matched the billions of dollars of EV charging infrastructure investments being made by […]
Nissan and EVgo announce 200 more fast-charging stations for electric cars in the US
Nissan and EVgo are announcing today that they are expanding their collaboration and will deploy 200 more fast-charging stations for electric cars in the US. The Japanese automaker and the US-based EV charging company have had a long partnership to support Leaf owners and deploy charging infrastructure for all-electric vehicle owners in the US. Now […]