EVgo nabs $1.25 billion loan as Biden races to approve more EV spending

EVgo nabs $1.25 billion loan as Biden races to approve more EV spending Photo by Smith Collection/Gado/Getty ImagesThe US Department of Energy announced a $1.25 billion loan to electric vehicle charging company EVgo as the Biden administration races to finalize its spending on EVs before Donald Trump takes office. The money will fund EVgo’s plans to install approximately 7,500 chargers at roughly 1,100 charging stat...

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