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Stock impact report

EVgo says no to fast-charging extension cables and breakaway adapters [Verge, The]

EVgo Inc. (EVGO) 
Company Research Source: Verge, The
Electric vehicle charging network EVgo changed its terms of service Thursday to include new language explicitly prohibiting the use of high-speed DC extension cables and breakaway adapters at the company's stations. The terms, which go into effect March 8th, are another bump in the road for enterprising companies looking to cash in on EV charging accessories. EVgo added the following terms in bold to the Authorized Charging Adapters section of its Terms of Service: “EVgo prohibits the use of all other adapters, including break-away adapters and DC extension cords (“Unauthorized Equipment”) on EVgo's network and Charging Stations.” The company continues to authorize “automaker-manufactured charging adapters” (such as J3400 “NACS” to CCS1) and have UL2252 certification. Another bump in the road for enterprising companies looking to cash in on EV charging accessories Tesla's Terms of Use for its Superchargers similarly prohibit any adapter not “sold or provided by Tesla or by othe Show less Read more
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