EVgo Surges After Securing $1.05 Billion Government Loan Pledge

EVgo Surges After Securing $1.05 Billion Government Loan Pledge · The Wall Street Journal

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Shares of EVgo jumped more than 30% after the charging startup got a $1.05 billion loan commitment from the Energy Department's Loan Programs Office. The loan is part of the government's effort to accelerate charging station installations.