EVgo and General Motors Open 1,000th DC Fast Charging Stall as Part of Metropolitan Charging Collaboration

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EVgo (EVGO) soars on positive earnings report

August 3, 2023 2:31 PM EDT

Shares of EVgo (NASDAQ: EVGO) traded up more than 27% Thursday after the electric vehicle charging company reported their 2Q earnings results late Wednesday.

The Los Angeles-based charging company posted $50.6 million in revenue for the second quarter, handily beating consensus estimates of $29.46... More

General Motors (GM) GM’s cruise reaches robotaxi industry’s first labor union agreement

August 3, 2023 12:06 PM EDT

On Thursday, Cruise, the robotaxi division of General Motors (NYSE: GM), announced that it had reached a historic milestone by becoming the first company in the driverless car industry to establish labor union agreements.

According to the companys announcement, General Motors... More

GM and EVgo celebrate 1,000th fast charging station milestone

August 2, 2023 1:06 PM EDT

On Tuesday, General Motors (NYSE: GM) and EV charging firm EVgo (NASDAQ: EVGO) announced the opening of their 1,000th fast charging stall as part of a collaboration that began in 2020 to install 3,250 fast chargers in major metro areas.

The 1,000th stall was opened in a ribbon cutting ceremony held at Woodgrove Festival Shopping Mall in Woodridge, Illinois, a suburb of Chicago. Several representatives from both General... More