EVgo Inc. CEO: Company Revenue Surges 12-Fold in Three Years of Growth

EVgo Inc. CEO: Company Revenue Surges 12-Fold in Three Years of Growth

By Michael Harrison

November 23, 2024 at 12:14 PM

EVgo's revenue has surged 12-fold in just three years, climbing from $20 million in 2021 to a projected $255 million according to current guidance. The company's remarkable growth trajectory reflects the accelerating adoption of electric vehicles and expanding charging infrastructure across the United States.

EVgo continues to strengthen its position as a leading provider of EV charging solutions through strategic partnerships, network expansion, and technological innovations. The company's performance demonstrates the robust demand for reliable public charging infrastructure as the automotive industry transitions to electric mobility.

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