Reported 4 days ago
The United States has proposed a conditional loan guarantee of up to $1.05 billion to EVgo to facilitate the growth of public electric vehicle charging stations nationwide, particularly in underprivileged urban areas. If finalized, the funding will aid in the installation of approximately 7,500 high-power charging stalls across nearly 1,100 stations, enhancing EVgo's capacity to compete with Tesla's charging network and focusing on improving customer service and accessibility, especially in disadvantaged communities.
Source: YAHOO