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Stock impact report

GM-backed ‘coast-to-coast' EV charging network grows to 130 locations [Verge, The]

EVgo Inc. (EVGO) 
Company Research Source: Verge, The
In their quest to build a coast-to-coast EV charging network, GM, EVgo, and Pilot announce they have installed electric vehicle chargers at 130 locations across 25 states. The partnership, which launched in 2022 , aimed to install 2,000 DC fast chargers at 500 Pilot and Flying J truck stop locations nationwide. In a press release, the companies say the expanded charging network will make road trip plans easier as EV adoption grows and drivers prepare for spring and summer travel. Pilot says its charging infrastructure now stretches along I-75 between Michigan and Georgia, as well as highway routes between Minneapolis and Milwaukee, Detroit and Cleveland, San Antonio and Houston, and Dallas and Nashville. Locationally, the GM-backed charging network project is a little over a quarter of the way towards its goal. At the end of 2023 , the companies had 25 EV station locations with around 100 charging stalls. Each station is set up with gas station-style canopies, with some that have Show less Read more
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