Financial StabilityThe DOE loan covers 80% of project costs, minimizing the need for EVgo to raise additional equity and reducing funding risks.
Funding And GrowthEVgo's new loan facility with the DOE will support the deployment of over 7,500 charging stalls, significantly boosting its market presence and accelerating growth.
Operational EfficiencyEVgo's business model drives strong operating leverage with revenue growth outpacing expenses, leading to positive EBITDA growth.