- 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.
What’s Going On With Nikola Shares Today?
Nikola shares rise in premarket trading despite previous day's decline, as the company reports production of hydrogen fuel cell electric vehicles and begins return process for battery-electric trucks.