Yahoo Finance
EV chargers ‘on trajectory’ to be as common as gas stations, EVgo CEO says
Shares of charging company EVgo soared on Thursday as revenue jumped over 280% year over year, offering some respite for investors who suffered through a rough 2022.
While 2023 has gotten off to a strong start, EVgo is still unprofitable, and investors betting on the company are looking for any sign that EVgo, and charging networks in general, are poised to explode in growth.