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EVgo's charging network revenue grew by 29% in Q3 2026, even though overall revenue fell.

ResultsRead the original at Benzinga
Neutral

EVgo’s charging network sales rose 29%, and customer accounts topped 1.9 million. Total sales slipped, its stall plan was cut, and the buyout offer remains undecided, leaving a mixed picture.

EVGO · EVgo Inc

AI read · Neutral

The AI's read

Growth came from EVgo’s charging network, but weaker results elsewhere pulled total sales down. Cutting the stall plan and adding cost controls show the company is still working to improve profit. Tesla-related expansion and faster chargers are plans, not results yet. LS Power’s offer is not binding, and directors have made no decision.

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