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EVgo reports Q1 2026 revenue up 45% with record $110M, expands charging network and amends DOE loan.

Company Fundamentals
05 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

EVgo Inc. announced a 45% year-over-year revenue increase to $110 million in Q1 2026, driven by growth in its electric vehicle charging network. The company expanded its network to 5,280 stalls, added over 86,000 new customer accounts, and increased network throughput by 10%. EVgo also amended its Department of Energy loan to $750 million to support further scaling and infrastructure development. The company reaffirmed its full-year 2026 revenue guidance of $410-$470 million and expects strong non-charging revenue in Q1 and Q4.

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Nexans and Hydro sign 5-year deal for 85,000 tonnes of low-carbon aluminium to support Europe's grid upgrade

Nexans and Hydro sign 5-year deal for 85,000 tonnes of low-carbon aluminium to support Europe's grid upgrade

Nexans and Hydro have agreed on a five-year contract for about 85,000 tonnes of low-carbon aluminium wire rod to support Europe's electricity grid modernization. This aluminium, produced using 100% renewable energy in Norway, will help reduce carbon ...

Market News
Bullish
17 minutes ago
Nexans and Hydro sign 5-year deal for low-carbon aluminum to modernize Europe's power grid

Nexans and Hydro sign 5-year deal for low-carbon aluminum to modernize Europe's power grid

Nexans and Hydro have agreed on a five-year supply contract for about 85,000 tons of low-carbon aluminum wire rod to support the modernization and decarbonization of Europe's electrical grid. The aluminum, produced in Norway using 100% renewable ener...

Market News
Bullish
17 minutes ago
Scilex secures $100M investment from Kazakhstan's iHolding to boost non-opioid pain product growth.

Scilex secures $100M investment from Kazakhstan's iHolding to boost non-opioid pain product growth.

Scilex Holding Company announced a binding term sheet with Kazakhstan-based iHolding Group LLP for a $100 million investment, purchasing about 6.67 million shares at $15 each. This funding aims to support Scilex's strategic growth in healthcare, prod...

Company Fundamentals
Bullish
17 minutes ago
Shell executives acquire shares via dividend reinvestment after Q1 2026 interim dividend payment

Shell executives acquire shares via dividend reinvestment after Q1 2026 interim dividend payment

Following Shell's interim dividend payment for Q1 2026 on June 29, several senior executives, including CEO Wael Sawan and CFO Sinead Gorman, acquired shares through dividend reinvestment plans. These shares were obtained in respect of shares previou...

Company Fundamentals
Neutral
1 hour ago
Aliphatic hydrocarbon market to reach $6.81B by 2032, driven by coatings and industrial demand.

Aliphatic hydrocarbon market to reach $6.81B by 2032, driven by coatings and industrial demand.

The global aliphatic hydrocarbon solvents and thinners market is projected to grow from $5.26 billion in 2026 to $6.81 billion by 2032, at a CAGR of 4.4%. Growth is fueled by rising demand in coatings, adhesives, and industrial maintenance, with mine...

Market News
Bullish
1 hour ago
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