Financial PositionFinancially, EVgo is well-positioned for growth with substantial non-dilutive financing agreements, including loans from the Department of Energy and commercial banks.
Growth ProspectsEVgo remains optimistic about its multi-year growth prospects despite the phase-out of EV and EV Charging tax credits.
Revenue And ExpansionEVGO delivered record revenue, improved utilization, and secured a $300M commercial bank facility to accelerate its capital-efficient network expansion.