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EVgo Inks New Agreement To Mitigate Supply Chain Risk – Read More

EVgo Inc (NASDAQ:EVGO) has entered into a new supply agreement with power and energy management solutions provider Delta Electronics. Under the agreement,…
byShivani Kumaresan
August 11, 2022
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  • EVgo Inc (NASDAQ:EVGO) has entered into a new supply agreement with power and energy management solutions provider Delta Electronics.
  • Under the agreement, Delta will supply EVgo with 1,000 fast chargers with up to 350kW power output.
  • Related: GM Ties Up With Warren Buffett-Backed Firm To Build National EV Charging Network
  • “EVgo and Delta share a reputation as industry first-movers and this collaboration will showcase our complementary strengths and expertise while supporting EVgo’s momentum and deployment targets to expand access to world-class EV charging experiences across the U.S.,” said EVgo CEO Cathy Zoi.
  • Also Read: EVgo Reports Mixed Q2 Results
  • Price Action: EVGO shares are trading lower by 3.30% at $10.26 on the last check Thursday.
 
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