EVgo gets $1.25B loan to build 7,500 new EV charging stations across the U.S. by 2029.

EVgo, a major EV charging company, has secured a $1.25 billion loan from the U.S. Department of Energy to build 7,500 new fast-charging stations across the country. This expansion will grow EVgo's network to at least 10,000 charging stalls by 2029, creating over 1,000 jobs. The loan, part of the DOE's Clean Energy Financing Program, aims to support the growing number of electric vehicles on the road.

3 months ago
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