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home / news releases / EVGO - EVgo Isn't Going Anywhere Fast

EVGO - EVgo Isn't Going Anywhere Fast

EVgo Inc.

2024-03-09 10:00:00 ET

Summary

  • EVgo reported strong Q4 2023 revenue growth of 42% sequentially, continuing an upward trend; however, margins remain in negative territory.
  • Macroeconomic factors such as high inflation, layoffs, and consumer preferences for plug-in hybrid vehicles may work against EVgo in the near term.
  • The cost of fueling and insuring EVs may deter future or repeat EV customers and could impact EVgo's growth trajectory.

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For further details see:

EVgo Isn't Going Anywhere Fast
Stock Information
Company Name: EVgo Inc.
Stock Symbol: EVGO
Market: NYSE
Website: evgo.com
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