EVgo

Unraveling the mystery of electric trucks’ residual values 

The regulation-driven purchase of commercial electric trucks carry a lot of unknowns. One of the biggest is their residual value, or how much they will be worth as trade-ins.

Rich Mohr, senior vice president of North America ChargePoint, said the past is a prelude for what is happening with first-generation electric trucks.

Depreciating electric trucks to scrap value

“Three years ago, the biggest risk around fleets adopting electric vehicles was the residual value and the [anticipated] life of...

https://www.freightwaves.com/news/unraveling-the-mystery-of-electric-trucks-residual-values

Lyft drivers to receive discounted charging with EVgo

One of the core advantages of owning an electric vehicle over a gas-powered one is that, despite the higher upfront cost, charging and maintaining it is typically significantly less expensive. 

For Lyft (NASDAQ: LYFT) drivers, it just got even cheaper when the company on Tuesday, announced a new discounted charging program with EVgo Inc. (NASDAQ: EVGO), which operates one of the nation’s largest networks of fast-charging stations for EVs.

The offer will give drivers up to 45% off when they charge...

https://www.freightwaves.com/news/stronglyft-drivers-to-receive-discounted-charging-with-evgostrong

Pilot and Volvo Group add to public electric charging projects

Volvo Group and Pilot Co. will build on Pilot’s plan to add electric charging at selected truck stops and travel plazas scaled for heavy-duty trucks.

Few specifics accompanied Tuesday’s announcement of a letter of intent to develop public, high-performing charging infrastructure for medium- and heavy-duty electric vehicles at more than 750 Pilot and Flying J locations across North America.

Pilot said in July it would install 2,000 electric fast chargers at 500 of its U.S. truck stops over the...

https://www.freightwaves.com/news/pilot-and-volvo-group-add-to-public-electric-charging-projects

Pilot and GM plan coast-to-coast EV fast-charging network

White GMC Hummer in front of Pilot truck stop

Pilot Co. will install 2,000 electric fast chargers at 500 of its U.S. truck stops over the next few years, creating a coast-to-coast network in partnership with General Motors.

Startup EVgo (NASDAQ: EVGO) will install, operate and maintain the chargers. The chargers are branded as part of GM’s Ultium Charge 360 network. Chargers will begin appearing at U.S. Pilot and Flying J service plazas in early 2023. The majority of the 500 installations will be in place by 2025, Cathy Zoi, EVgo CEO, said...

https://www.freightwaves.com/news/pilot-and-gm-plan-coast-to-coast-ev-fast-charging-network

Samsara and EVgo partner to push for more commercial EVs

Samsara and EVgo (Nasdaq: EVGO) announced Tuesday a partnership aimed at supporting companies deploying, managing, charging and maintaining electric vehicles. 

The partnership gives Samsara’s commercial fleet customers access to EVgo’s network of 800 fast charging stations across the U.S. EVgo is also the first EV partner on Samsara’s Experts Marketplace, a network of certified implementation experts. 

“The transportation market is electrifying at a rapid pace. Electric vehicles provide an...

https://www.freightwaves.com/news/samsara-and-evgo-partner-to-push-for-more-commercial-evs