Tope Alake

1 week ago | bloomberg.com | Nathan Risser |Tope Alake |Josh Saul

Gold continues to break records, climbing past $3,200 an ounce. (Bloomberg) -- Uncertainty seems to be the only certainty there is for most markets these days, and in those moments, there’s gold. Investors continue to rush to the safe haven as US President Donald Trump’s trade policies generate fears of recession. Meanwhile, Europeans hitting the road this spring will see many more electric-vehicle charging stations after the region led the world last year in installations.

Oct 3, 2024 | finance.yahoo.com | Tope Alake |Ari Natter

EVgo Jumps 41% After $1.1 Billion Loan Commitment From DOE Tope Alake and Ari Natter Thu, October 3, 2024 at 10:02 AM EDT 1 min read In This Article: (Bloomberg) -- Shares of EVgo Inc. jumped as much as 41%, the most intraday since November 2021, after the electric vehicle charging company received a loan guarantee of up to $1.05 billion from the US Department of Energy.

Oct 3, 2024 | bloomberg.com | Tope Alake |Ari Natter

Shares of EVgo Inc. jumped as much as 41%, the most intraday since November 2021, after the electric vehicle charging company received a loan guarantee of up to $1.05 billion from the US Department of Energy. The financing would allow the Los Angeles-based company to build out about 7,500 additional fast charging stalls across the US in states including Arizona, California, Florida, Georgia and Illinois, EVgo said in a statementBloomberg Terminal Thursday.

Oct 2, 2024 | bloomberg.com | Tope Alake |David R. Baker

EV makers and charging companies are adding restaurants, wifi, comfortable seating and more to new stations in a bid to make juicing up a battery relaxing. Charging an electric vehicle in the future increasingly looks like an experience somewhere between a truck stop and an airport lounge. Most public chargers sit in parking lots, often three or four machines along the side of a hotel or grocery store.

Sep 26, 2024 | bloomberg.com | Tope Alake |Cailley LaPara

The weightiest trucks have been some of the slowest to electrify, despite producing an outsized share of the US transport sector’s emissions. That may be about to change. Hundreds of millions of dollars in grants awarded by state and federal programs have helped spur an influx of spending to develop EV chargers for the heaviest US trucks, which churn out more than their fair share of emissions but have been some of the slowest to transition away from petroleum-based fuels.