How a $1.05 Billion Loan Could Supercharge EVgo’s Charging Network
Automotive Addicts
OCTOBER 3, 2024
A Major Boost for EVgo This conditional loan guarantee is a lifeline for EVgo, a company that’s currently facing challenges related to high capital costs. Jigar Shah, head of the Department of Energy’s Loan Programs Office (LPO), emphasized that this financial support will enable EVgo to enhance its customer service.
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