EVgo secures up to $1.05 billion loan guarantee to expand US charging network
The DOE-backed loan aims to add 7,500 new fast-charging stalls by 2030, supporting EV infrastructure and creating over 1,000 jobs
EVgo, a leading public fast-charging network for electric vehicles in the US, has announced its receipt of a conditional commitment for a loan guarantee of up to $1.05 billion from the US Energy Department (DOE) Loan Programs Office.
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