Revenue Growth - Record revenue of $75.3 million in Q1 2025, representing a 36% increase year-over-year[5] - Total revenue for the three months ended March 31, 2025, was $75,287,000, representing a 36% increase from $55,158,000 in the same period of 2024[25] - Revenue from charging retail increased by 64% to $30,015,000 compared to $18,326,000 in Q1 2024[25] Charging Network Performance - Charging network revenue reached $47.1 million in Q1 2025, a 49% year-over-year increase, marking the 13th consecutive quarter of double-digit growth[5] - Network throughput was 83 GWh in Q1 2025, up 60% from 52 GWh in Q1 2024[10] - Average daily throughput per stall increased to 266 kWh in Q1 2025, a 36% rise from 196 kWh in Q1 2024[6] - EVgo Autocharge+ accounted for 27% of total charging sessions initiated in Q1 2025[6] - Charging Network Gross Profit for Q1'25 was $17,489, up 35% from $12,912 in Q1'24, with a Gross Margin of 37.1%[34] - Adjusted Gross Profit for Q1'25 was $25,370, a 47% increase from $17,287 in Q1'24, with an Adjusted Gross Margin of 33.7%[35] - Charging Network Gross Margin decreased by 370 basis points from 40.8% in Q1'24 to 37.1% in Q1'25[34] Customer Growth - Customer accounts increased by over 119,000 in Q1 2025, totaling 1.4 million accounts by the end of the quarter[11] - Added over 180 new operational stalls during Q1 2025, ending the quarter with a total of 4,240 stalls[6] Financial Position - Total assets as of March 31, 2025, were $855,981,000, up from $803,761,000 as of December 31, 2024, reflecting a growth of 6.5%[24] - Total liabilities increased to $433,107,000 as of March 31, 2025, from $360,030,000 at the end of 2024, marking a rise of 20.3%[24] - Cash and cash equivalents increased to $150,008,000 as of March 31, 2025, from $117,273,000 at the end of 2024, representing a growth of 28%[24] Profitability and Loss - The net loss attributable to Class A common stockholders for Q1 2025 was $11,362,000, a 16% increase compared to a net loss of $9,833,000 in Q1 2024[25] - Operating loss for the three months ended March 31, 2025, was $33,400,000, slightly higher than the operating loss of $32,370,000 in the same period of 2024, indicating a 3% increase[25] - GAAP net loss for Q1'25 was $(26,227), improving by 7% from $(28,193) in Q1'24[33] - Adjusted EBITDA for Q1'25 was $(5,929), an 18% improvement from $(7,207) in Q1'24[33] - EBITDA Margin for Q1'25 was (9.6%), improving by 1,780 basis points from (27.4%) in Q1'24[33] Capital Expenditures - Capital expenditures for the three months ended March 31, 2025, were $14,992,000, down from $21,071,000 in the same period of 2024, reflecting a decrease of 29%[26] - Capital Expenditures, Net of Capital Offsets, for Q1'25 were $8,146, a 40% decrease from $13,565 in Q1'24[36] Future Outlook - Total revenue guidance for 2025 is set between $340 million and $380 million, with Adjusted EBITDA projected between $(5) million and $10 million[17] - EVgo aims to achieve Adjusted EBITDA breakeven in 2025 while continuing to invest in growth and infrastructure[3]

While the EV revolution stalls, one charging stock is still sparking investor interest — and it's not ChargePoint Holdings Inc CHPT. JPMorgan analyst Bill Peterson thinks EVgo Inc EVGO is better positioned than ChargePoint heading into earnings season, citing more substantial utilization, partnerships, and a more straightforward path to sustainable returns."Fundamentals still favor owner-operators like EVGO over hardware-software players like CHPT," Peterson noted, adding that the muted EV demand still weig ...

118.82亿市值 84.81亿市值 72.54亿市值 85.34 3.75 44.36 -0.11(-0.25%) +5.12(+6.38%) +0.14(+4.03%) 降層時間 TALHAR 好未来 唯品会 唯品会 的品 69.89亿市值 65.78亿市值 65.04亿市值 16.72 12.78 10.74 +0.53(+3.27%) +0.48(+3.95%) +0.75(+7.51%) 再鼎医药 商富科技 SOU 名创优品 zai ... 53.26亿市值 51.93亿市值 35.82亿市值 32.53 37.96 16.60 +0.62(+3.88%) +2.47(+6.96%) +2.82(+9.49%) 陆金所控股 == CD 金山云 the m 21.41亿市值 32.72亿市值 31.82亿市值 2.47 27.63 11.69 +0.58(+2.16%) +0.69(+6.27%) +0.09(+3.78%) 雾芯科技 ion) 爱奇艺 G 微博 RELX 17.09亿市值 21.26亿市值 19.55亿市值 1.75 7.81 1.77 +0.01(+0.29%) +0.14(+1. ...

UNIO.COM UNIO.COM IN 10.COM @ JIN10.COM 金十数据 | 一个交易工具 金十图示：2025年04月08日（周二）热门中概股行情一览（美股盘中） 71.94亿市值 69.52亿市值 66.88亿市值 3.23 42.51 13.04 -0.36(-2.72%) -0.13(-3.87%) -0.07(-0.16%) tal 好未来 61.59亿市值 哔哩哔哩 ) 可富科技 的品 64.03亿市值 52.01亿市值 15.36 10.17 37.07 -0.27(-1.70%) -0.77(-7.04%) +0.99(+2.74%) 再鼎医药 金山云 SOS 名创优品 zai. 46.11亿市值 30.52亿市值 29.75亿市值 14.74 12.10 27.71 -1.08(-6.85%) -1.09(-3.80%) -0.47(-3.74%) 陆金所控股 雾芯科技 == ttp://www. RELX 23.27亿市值 21.45亿市值 29.50亿市值 2.48 1.83 24.62 -0.18(-0.73%) +0.02(+1.10%) -0.01(-0.20%) i ...

General Motors Company (GM) , EVgo, Inc. (EVGO) and Pilot Company have achieved a key milestone in their partnership by deploying 130 fast-charging stations across more than 25 states. Just in time for the summer travel season, these EV charging stations span 1-75 between Michigan to Georgia and regional corridors like Minneapolis to Milwaukee, Detroit to Cleveland, San Antonio to Houston and Dallas to Nashville.This progress traces back to July 2022, when GM Energy, GM’s charging solutions division, partne ...

Shares of EV stocks had a great week this week after Luminar Technologies (LAZR 32.17%) reported earnings and some competitors fought for market share. But Tesla (TSLA 5.33%) stock was flat for the week, as investors continue to process a likely drop in sales in the first quarter of 2025.On the plus side, according to data provided by S&P Global Market Intelligence, Luminar Technologies is up 66.3% for the week, Lucid Group (LCID 5.92%) jumped 15.3%, and EVgo (EVGO 0.36%) is up 13.8% as of 3:30 p.m. ET. Aft ...

EVgo Inc. (EVGO) , a leading provider of public fast-charging infrastructure in the United States, and Toyota Motor Corporation (TM) , have inaugurated their first DC fast-charging (DCFC) stations in Baldwin Park and Sacramento, CA. Developed under Toyota’s “Empact” vision, these co-branded stations, owned and operated by EVgo, feature 350kW chargers and can simultaneously serve up to eight vehicles.With a network of more than 1,100 stations across 40+ states, EVgo partnered with Toyota to enhance charging ...

Core Viewpoint - J.P. Morgan analyst Bill Peterson maintains an Overweight rating on EVgo Inc., while reducing the price forecast to $5 from $6, indicating confidence in the company's potential for substantial revenue growth despite current challenges [1][4]. Revenue Growth Drivers - EVgo's anticipated revenue growth is attributed to increased charger utilization, higher charge rates, and an expanding network footprint, potentially supported by a Department of Energy loan, even amid slower EV adoption rates [2]. Strategic Partnerships - The company has established valuable partnerships with car OEMs, ride-share services, and autonomous driving fleets, positioning itself favorably in the evolving electric vehicle market [2]. Market Challenges - Despite a modest recovery in market share, EVgo faces challenges due to concerns over Trump's economic policies, the future of EV funding programs like the IRA/BIL, and the safety of its Department of Energy loan [3]. Investor Sentiment - Investor sentiment remains cautious due to fears of "dilutive capital" needs and uncertainties surrounding EV incentives and loan security, with stock stabilization expected only after clarity on these issues [4]. Financial Estimates - FY25 revenue estimates have been lowered to $350 million from $354 million, while FY26 revenues are projected to increase to $475 million from a previous estimate of $436 million [4]. Stock Performance - EVGO shares are currently trading lower by 2.59%, at $2.445 [5].

Industry Overview - The electric vehicle (EV) charging infrastructure market is rapidly expanding globally, with China leading at over 3.2 million public charge points, followed by Europe with over 900,000, and the United States with approximately 206,000 public charging ports [1][2][3] - The U.S. is set to add more than 11,500 EV charging ports through the Bipartisan Infrastructure Law, aiming for a total of 500,000 publicly available EV chargers by 2030 [2] Company Analysis: EVgo - EVgo has seen a 35% year-over-year revenue growth in Q4 2024, driven by increased charging sessions, with a network throughput of 84 gigawatt-hours compared to 50 gigawatt-hours in the previous year [5] - The company has expanded its operational stalls from 2,980 to 4,080 and added over 133,000 accounts in the quarter [5] - A joint development agreement with Delta Electronics aims to enhance charger reliability and cost efficiency, potentially boosting EVgo's prospects [6] - Despite growth, EVgo remains unprofitable with a negative adjusted EBITDA and is vulnerable to shifts in federal policy due to its reliance on NEVI funding [8] Company Analysis: ChargePoint - ChargePoint has reduced its non-GAAP operating expenses by 42% and reported a 14% year-over-year growth in subscription revenues, reaching $38 million in Q4 [10] - The company operates 342,000 managed charging ports, benefiting from increasing EV adoption, and is not reliant on NEVI funding, providing insulation from federal policy changes [10] - ChargePoint's collaboration with General Motors aims to install hundreds of ultra-fast charging ports across the U.S. by 2025, enhancing its growth prospects [11] - The company has introduced innovative solutions to combat EV charger vandalism, which are expected to strengthen its market position [12] Financial Performance - In the trailing 12 months, EVgo shares have decreased by 9.8%, while ChargePoint shares have dropped by 64.2%, compared to a 6.1% decline in the Zacks Auto, Tires and Trucks sector [14] - EVgo's forward price/sales ratio is 1.94x, while ChargePoint's is 0.64x, indicating that both stocks are not considered cheap [16] - The Zacks Consensus Estimate for EVgo's 2025 loss is 55 cents per share, while ChargePoint's fiscal 2026 loss estimate is 19 cents per share [20][21] Investment Outlook - EVgo's high valuation is not justified given its risky growth prospects and dependence on federal policies, leading to a Zacks Rank 3 (Hold) [22] - ChargePoint, with its cost-cutting measures, growing revenues, and strong partnerships, presents a more stable investment opportunity, carrying a Zacks Rank 2 (Buy) [23]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For The Transition Period From To Commission file number: 001-39572 EVgo Inc. (Exact name of registrant as specified in its charter) Delaware 85-2326098 (State or other jurisdiction of in ...