EVgo, Partners Selected By Ohio Department Of Transportation For Proposed Awards Of $13.8M In NEVI Funding For 20 Fast Charging Stations Along Interstate Corridors
Portfolio Pulse from Benzinga Newsdesk
EVgo and its partners have been selected by the Ohio Department of Transportation for proposed awards of $13.8M in NEVI funding. The funding is for the development of 20 fast charging stations along interstate corridors.
July 17, 2023 | 11:14 am
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EVgo has been selected for a proposed award of $13.8M in NEVI funding by the Ohio Department of Transportation. This funding will be used to develop 20 fast charging stations.
The news of EVgo being selected for a significant funding award for the development of charging stations is positive. This could lead to increased infrastructure, potentially boosting EVgo's market presence and revenues. Therefore, this news is likely to have a positive impact on EVgo's stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100