EVgo Announces Rivian's R1T And R1S Models Have Joined List Of Compatible Vehicles For Autocharge+
Portfolio Pulse from Benzinga Newsdesk
EVgo has announced that Rivian's R1T and R1S models have joined the list of compatible vehicles for its Autocharge+ service. This will allow Rivian vehicle owners to automatically start charging their vehicles at any EVgo station without needing a membership card or mobile app.
August 15, 2023 | 11:03 am
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POSITIVE IMPACT
The addition of Rivian's vehicles to EVgo's Autocharge+ service could potentially increase the usage of EVgo's charging stations, which may positively impact the company's revenues.
The compatibility of Rivian's vehicles with EVgo's Autocharge+ service could attract more Rivian vehicle owners to use EVgo's charging stations, potentially increasing the company's revenues. However, the actual impact will depend on the number of Rivian vehicles on the road and their owners' charging habits.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
The compatibility of Rivian's R1T and R1S models with EVgo's Autocharge+ service could enhance the convenience for Rivian vehicle owners, potentially boosting the attractiveness of Rivian's vehicles.
The compatibility with EVgo's Autocharge+ service could make Rivian's vehicles more attractive to potential buyers due to the added convenience of automatic charging at EVgo stations. However, the actual impact will depend on how much value potential buyers place on this feature.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80