EVgo says it saw almost 300 percent growth in electricity to EVs last year

One of the largest U.S. providers of EV charging stations nationwide says it saw triple-digit growth in power served to cars in 2023. Its next earnings will "meet or exceed" prior projections.

EVgo said yesterday that it served about 130 GWh of electricity into customers’ cars last year, a growth of 291 percent in one year - a year that also saw an almost 50 percent growth in Americans buying an EV.

The announcement, in a press release ahead of its fourth-quarter and year-end earnings report, underscores the urgency government and industry off…