EVgo Reports Q1 Revenue Growth and Expands Charging Network
EVgo reported first-quarter revenue of $110 million, a 45% increase from the prior year. The company attributed this growth to its charging network expansion, eXtend construction/equipment sales, and increased autonomous vehicle (AV) hub contracts. EVgo also received an $81M advance under a revised DOE loan package and reaffirmed its full-year guidance.
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