Remove Capitalized Cost Remove Customer Remove Networking
article thumbnail

How a $1.05 Billion Loan Could Supercharge EVgo’s Charging Network

Automotive Addicts

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.

article thumbnail

The biggest challenges facing automotive retail in 2024 (and how to tackle them)

Autocar

Dealers need to be increasingly ‘omnichannel’: integrating all customer routes to the dealers physical or virtual front door, so that consumers get a seamless experience whichever digital or physical channel they’re using. The customer must have all the tools to conduct almost every part of their journey from the comfort of their sofa.”

Retail 52