Global Trade Alert
Global Trade Alert

United States of America: DOE approves USD 1.25 billion loan guarantee to EVgo for expansion of EV charging infrastructure

Announcement

12 Dec 2024

In December 2024, the U.S. Department of Energy’s Loan Programs Office announced a USD 1.25 billion loan guarantee to EVgo to support the expansion of its public electric vehicle charging infrastructure across the United States.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Dec 2025

Revocation date:

No revocation date

Updated: 12 Dec 2024
Loan guarantee In force

On 12 December 2024, the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced the approval of a USD 1.25 billion loan guarantee to EVgo. This funding aims to support the expansion...

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