EVgo Shares Surge on $1B Energy Department Loan Commitment

By MarketWatch | Oct 3, 2024 at 09:20 AM EST

EVgo's stock rose 28% in premarket trading after securing a $1.05 billion loan commitment from the U.S. Department of Energy. The loan aims to boost the expansion of their fast-charging network, with a focus on increasing access in marginalized areas.

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