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EVgo secures $1.25 billion loan amid Biden’s rush to approve clean energy loans | TechCrunch

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EVgo is the latest company to secure a $1.25 billion loan from the U.S. Department of Energy .

The DOE Friday approved a loan to help the startup install 7,500 public chargers at 1,100 charging stations.

The first deployments will include 350kW DC fast charging equipment that can charge two cars at once.

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English

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