EVgo Inc. shares rise 15.01% premarket after reporting record Q2 revenue of $98.0 million, a 47% year-over-year increase.
ByAinvest
Tuesday, Aug 5, 2025 9:21 am ET1min read
EVGO--
Evgo Inc. rose 15.01% in premarket trading, driven by strong Q2 financial results. The company reported a 47% increase in revenue, beating estimates, and secured a $225 million commercial bank loan facility to accelerate infrastructure buildout. Additionally, EVgo's charging network revenue grew by 46% year-over-year, marking the 14th consecutive quarter of double-digit growth.
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