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GM, Pilot And EVgo Lead Rollout of 200 Highway Fast-Charging Sites - General Motors (NYSE:GM), EVgo (NASDAQ:EVGO)
Benzingaยท 2025-09-10 18:53
Core Insights - EVgo Inc. is experiencing steady trading as Pilot Company and General Motors Co. announce their joint highway fast-charging network has exceeded 200 locations across nearly 40 states [1][6] - The partnership has installed close to 850 DC fast-charging stalls in just over two years, focusing on major travel corridors [1][5] Group 1 - Drivers now have 24/7 access to high-power chargers at Pilot and Flying J travel centers nationwide, with new sites opening regularly [2][4] - The latest phase of the project aims to extend charging access into rural areas and heavily traveled interstates, with recent expansions in states like Colorado, Louisiana, and South Carolina [3][5] - The network is designed to alleviate range anxiety for EV users by clustering high-power chargers at highway stops that offer amenities [5] Group 2 - The companies plan to reach approximately 1,000 stalls across 40 states by the end of 2025, with further expansion anticipated thereafter [6] - EVgo shares were down 1.28% at $3.85, trading within a 52-week range of $2.19 to $9.07 [6]