EVGO Stock Pops 10% on Subaru Charging News. 5 Things to Know Now

InvestorPlace2022-02-09

What’s going on with EVgo(NASDAQ:EVGO) today? Shares of EVGO stock are up over 10% on the heels of some exciting news. Today, the electric vehicle (EV) charging station company announced that it had ...

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AngieWAK
2022-02-09
AngieWAK
Finally.. a long wait
Mich77
2022-02-09
Mich77
liked
Mich77
2022-02-09
Mich77
liked
Westango
2022-02-09
Westango
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Shares of EVGO stock are up over 10% on the heels of some exciting news. Today, the electric vehicle (EV) charging station company announced that it had ...</p>\n\n<a href=\"https://investorplace.com/2022/02/evgo-stock-pops-10-on-subaru-charging-news-5-things-to-know-now/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EVGO","symbol_name":"EVgo Inc.","start_time":0,"source_url":"https://investorplace.com/2022/02/evgo-stock-pops-10-on-subaru-charging-news-5-things-to-know-now/","article_id":"1172797886","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1172797886","pubTimestamp":1644373710,"columns":[],"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"What’s going on with EVgo(NASDAQ:EVGO) today? 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The level of a charging station implies how much voltage the EV charger uses. For example, a L2 charger typically uses 240 volts and can charge an EV quicker than a L1 charger. Additionally, EVgo has partnered with many roaming partners to offer an additional 46,000 chargers to drivers. However, the EV charging company continues to build its proprietary charging network and plans to deploy 16,000 charging stations by 2027.Last November, Subaru unveiled its first all-electric SUV, called the 2023 Subaru Solterra, at the LA Auto Show. The Solterra has an estimated range of 220 miles and will likely go on sale in mid-2022.Additionally, EVgo CEO Cathy Zoi praised Subaru partnership, adding that:“EVgo has a long history of working with automakers leading the charge on EVs, and we are delighted to partner with Subaru to make sure Solterra drivers have convenient and reliable charging options. We are looking forward to welcoming Subaru drivers to the EVgo network and supporting Subaru drivers on their urban and outdoor adventures.”So, what else should investors know about EVgo’s exciting partnership? Let’s dive right in.EVGO Stock: What to Know About EVgo’s Subaru PartnershipMore than 130 million people live within 10 miles of an EVgo charger. Indeed, EVgo works to install these chargers at convenient locations, such as grocery stores and entertainment centers.EVgo’s charging stations currently serve 310,000 EV drivers.In addition, EVgo’s charging stations range from 50 kW to 350 kW. 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