Benjamin Carr, Ph.D. 👨🏻💻🧬<p><a href="https://hachyderm.io/tags/EVgo" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EVgo</span></a> closes a $1.25B federal <a href="https://hachyderm.io/tags/loan" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>loan</span></a> to build 7,500 <a href="https://hachyderm.io/tags/EV" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EV</span></a> DC fast chargers<br>With the <a href="https://hachyderm.io/tags/DOE" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DOE</span></a> loan’s backing, this buildout will bring EVgo’s total owned and operated network to at least 10,000 fast-charging stalls, allowing the company to more than triple its network footprint by 2029. It currently has more than 1,000 fast charging stations across 40 states. The loan requires the deployment period to be five years, starting in 2025. <br><a href="https://electrek.co/2024/12/13/evgo-closes-a-1-25b-federal-loan-to-build-7500-dc-fast-chargers/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">electrek.co/2024/12/13/evgo-cl</span><span class="invisible">oses-a-1-25b-federal-loan-to-build-7500-dc-fast-chargers/</span></a></p>