EVgo, Inc. specializes in electric vehicle charging station services, offering a range of solutions including the EVgo network, home charging options, workplace charging, and freedom station plans for electric car owners. Founded in October 2010, the company is headquartered in Los Angeles, CA.
Following the recent correction, EVgo has experienced significant gains. The anticipated short squeeze from October has materialized, with the stock surging over 185% since its low in April 2024. According to Elliott Wave analysis, after the correction, there’s potential for further growth.
While the chart suggests a possible pullback could be imminent, there may still be additional upside for the stock.
