EVgo: An Overlooked Play On The Debottlenecking Of EV Value Chain With 150% Upside

Core Viewpoint - EVgo is positioned to benefit from the ongoing transition to a fully electric fleet in the US, indicating a potential growth opportunity with a projected upside of 150% [1]. Company Summary - EVgo is set to experience accelerated growth, supported by a $1.25 billion loan from the Department of Energy (DOE) [1]. Industry Context - The transition to electric vehicles (EVs) in the US is gaining momentum, which is expected to create favorable conditions for companies like EVgo that are involved in the EV infrastructure space [1].