Core Insights - NextNRG has partnered with Florida International University (FIU) to launch a large-scale wireless electric vehicle (EV) charging network, marking a significant step in sustainable mobility and energy systems [1][2][3] - The project will feature a 3-mile roadway with dynamic wireless charging and 24 static charging sites, making it one of the largest wireless EV charging deployments globally [2][4] - The initiative aims to reduce reliance on traditional plug-in stations, addressing range anxiety and promoting the adoption of electric vehicles [4] Company Overview - NextNRG is focused on integrating AI and machine learning into utility infrastructure, battery storage, and renewable energy, creating a unified platform for modern energy management [5] - The company operates one of the largest on-demand fueling fleets in the nation and is advancing wireless charging technology to support fleet electrification [5] Project Details - The wireless charging network will allow vehicles to charge while in motion or parked, managed through a mobile app for billing and real-time station availability [2][3] - The system will include bi-directional static wireless charging, enabling energy flow to and from vehicles, optimizing energy storage, and reducing grid strain [3] - This deployment will set a national benchmark for campus-based innovation in sustainable transportation, enhancing FIU's leadership in clean energy [4]

Recognized Revenue of $3.7 Million, Up $2.3 Million Year-Over-YearGross Profit of $0.9 Million, Up $0.4 Million Year-Over-YearNet and Comprehensive Loss Reduced by 63% Year-Over-YearDelivered 319 New Charging Ports, Including 48 DC Fast Charging Ports VANCOUVER, British Columbia, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Hypercharge Networks Corp. (TSXV: HC; OTC: HCNWF; FSE: PB7) (the “Company” or “Hypercharge”), a leading, smart electric vehicle (EV) charging solutions provider and network operator, is announcing ...

Core Insights - Polar Power Inc. has received an initial purchase order for fifty next-generation EVMC30K mobile chargers, aimed at providing emergency roadside fast-charging for electric vehicles that have depleted their batteries before reaching a charging station [1][12] Product Overview - The EVMC30K Chargers deliver up to 30 kW of level 3 fast charging power, enabling stranded EV drivers to resume their journey quickly without the need for towing [2] - These chargers operate independently of the grid, utilizing a propane-fueled Toyota prime power engine and a high-efficiency Polar DC alternator, and are also available in natural gas and diesel options [2] - The charging time for the EVMC30K Chargers is between 15 to 30 minutes, sufficient for drivers to reach the nearest charging station, similar to providing gasoline to a stranded motorist [3] Market Need and Applications - There is a significant market demand for mobile EV charging solutions, particularly for automotive dealerships, car rental agencies, and fleet operators who face challenges with EVs losing charge during transportation or storage [4][10] - The mobile charging technology addresses critical pain points such as range anxiety and phantom discharge, providing a practical alternative to towing [4] - Polar Power's compact DC-based system can be installed on small vehicles, making it more versatile compared to existing mobile charging solutions that require larger transport vehicles [4] Business Strategy - Polar Power is negotiating a two-year distribution agreement for sales and service of its mobile chargers, which is expected to enhance its presence in the niche market of mobile EV charging solutions [4]

Bowie, MD., Nov. 17, 2025 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced it has been awarded a Sourcewell contract for electric vehicle (EV) charging equipment and related services. The competitively solicited contract is effective through September 18, 2029, and may be extended for up to three additional one-year periods. This contract enables more than ...

Core Viewpoint - EVgo Inc. (EVGO) has experienced significant selling pressure, resulting in a 30.3% decline over the past four weeks, but analysts anticipate improved earnings in the near future [1] Group 1: Technical Analysis - The Relative Strength Index (RSI) is a key technical indicator used to identify oversold conditions, with a reading below 30 typically indicating such a state [2] - EVGO's current RSI reading is 26.12, suggesting that the heavy selling may be nearing exhaustion, indicating a potential price rebound [5] Group 2: Fundamental Analysis - There has been a notable increase in earnings estimates for EVGO, with a 15.3% rise in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [7] - EVGO holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate trends and EPS surprises, further supporting the potential for a turnaround [8]

Core Viewpoint - EVgo Inc. reported a fiscal third-quarter 2025 loss of 9 cents per share, aligning with analyst expectations, while quarterly revenue increased by 37% year-over-year to $92.3 million, surpassing consensus estimates [1] Financial Performance - The company’s revenue for the quarter was $92.3 million, exceeding the consensus estimate of $91.95 million [1] - EVgo raised its fiscal 2025 sales outlook from a range of $350 million-$380 million to $350 million-$405 million [3] Analyst Insights - JP Morgan analyst Bill Peterson maintained an Overweight rating on EVgo but reduced the price target from $7 to $6, citing ongoing EV demand headwinds likely to persist through 2026 [2] - Peterson anticipates that 2026 will be a transition year for EVgo, expecting full-year EBITDA positivity and second-half profitability as charging gross profit covers fixed costs [4] - The analyst predicts that first-quarter 2026 may see an EBITDA loss due to seasonal lower miles traveled, but growth is expected to accelerate thereafter, particularly in the second half of fiscal 2026 [5] Market Position and Strategy - Despite challenges, Peterson believes EVgo will gain market share as charge rates increase, with potential commercial benefits from dynamic pricing and partnerships with autonomous vehicle companies [3] - As EVgo scales, it is expected that operating leverage will improve, supporting better profitability [5]

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Financial Performance - Q3 2025 revenue reached $92 million, a 37% increase compared to Q3 2024[11] - Adjusted EBITDA improved by $39 million in Q3 2025 compared to Q3 2024[11] - Charging Network Gross Margin improved by 110 bps in Q3 2025[58] - Adjusted General and Administrative Expenses as a Percentage of Revenue decreased by 550 bps in Q3 2025[59] - Adjusted EBITDA loss improved 44% in Q3 2025[59] Operational Growth - Stalls in operation increased by 25%, reaching 4,590[11] - Public network throughput increased 13x[58] - The company anticipates Adjusted EBITDA breakeven in Q4 2025[64] Strategic Initiatives - The company closed a commercial bank facility and received the first two draws[13] - The company launched additional sites with J3400 (NACS) connectors[13] - The company expects 40% capital offsets for 2025 vintage capex per stall[42]

Core Insights - EVgo reported Q3 CY2025 results that exceeded Wall Street's revenue expectations, with sales increasing by 36.7% year-on-year to $92.3 million [1] - The company's full-year revenue guidance of $377.5 million at the midpoint is 2.9% above analysts' estimates [1] - EVgo's GAAP loss of $0.09 per share was 19.2% better than analysts' consensus estimates [1] Company Overview - EVgo, created through a settlement between NRG Energy and the California Public Utilities Commission, provides electric vehicle charging solutions and operates fast charging stations across the United States [4] Revenue Growth - EVgo's sales have grown at an impressive compounded annual growth rate of 85.9% over the last five years, outperforming the average industrial company [5] - The company's annualized revenue growth of 55.2% over the last two years, while below its five-year trend, still indicates healthy demand [6] Financial Highlights - Revenue for Q3 was $92.3 million, surpassing analyst estimates of $91.68 million, reflecting a year-on-year growth of 36.7% [7] - The GAAP EPS was -$0.09, better than the expected -$0.11, marking a 19.2% beat [7] - Adjusted EBITDA was -$4.98 million, missing analyst estimates of -$3.26 million [7] - The company raised its full-year revenue guidance to $377.5 million from $365 million, a 3.4% increase [7] - Operating margin improved to -36.9%, up from -47.1% in the same quarter last year [7] - Free cash flow increased to $3.32 million, compared to -$13.73 million in the same quarter last year [7] - Gigawatt-hours sold reached 95, reflecting a 17% year-on-year increase [7][8] - Market capitalization stands at $460.6 million [7]

Core Insights - EVgo reported a record charging network revenue of $55.8 million for Q3 2025, marking a 33% year-over-year increase, contributing to a total revenue of $92.3 million, which is a 37% increase from the previous year [5][21] - The company anticipates significant growth in the fourth quarter with the addition of new charging stations and expects to reach positive Adjusted EBITDA supported by a fully financed growth plan [2][12] Business Highlights - EVgo added over 280 new operational stalls during Q3 2025, bringing the total to 4,590 stalls, a 25% increase year-over-year [5][11] - The average daily throughput per stall increased by 16% to 295 kilowatt hours per day compared to 254 kilowatt hours per day in Q3 2024 [6] - The company secured a commercial bank financing facility of up to $300 million, with $59 million borrowed under this facility [6] Financial & Operational Highlights - Total revenue for Q3 2025 was $92.3 million, a 37% increase year-over-year, while charging network revenue reached $55.8 million, a 33% increase [5][21] - Gross profit for the quarter was $12.6 million, representing a 97% increase from $6.4 million in Q3 2024 [21] - The net loss attributable to Class A common stockholders was $12.4 million, a 6% improvement from a loss of $11.7 million in the same quarter last year [22] Customer Growth - EVgo added over 149,000 new customer accounts in Q3 2025, bringing the total to 1.6 million accounts [6] - Autocharge+ accounted for 28% of total charging sessions initiated during the quarter [6] Future Guidance - The company updated its 2025 revenue guidance to a range of $350 million to $365 million, with potential upside of up to $40 million [12] - Adjusted EBITDA is projected to range from $(15) million to $(8) million, with potential upside of up to $31 million [12]