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BUCHAREST, Romania — Romanians are casting ballots on Sunday in the first round of a presidential election that could pit a far-right nationalist against the incumbent leftist prime minister in the runoff. Thirteen candidates are vying for the presidency in the European Union and NATO member country, and the vote is expected to go to a second round on Dec. 8. Polls opened at 7.00 a.m. local time (0500GMT) and will close at 9.00 p.m. (1900GMT). Romanians abroad have been able to vote since Friday. The final vote could see George Simion, the leader of the far-right Alliance for the Unity of Romanians, or AUR, face off against incumbent Prime Minister Marcel Ciolacu, backed by Romania’s largest party, the Social Democratic Party or PSD. The presidential role carries a five-year term and has significant decision-making powers in areas such as national security, foreign policy, and judicial appointments. Romania will also hold parliamentary elections on Dec. 1 that will determine the country’s next government and prime minister. Simion, 38, is a vocal supporter of US President-elect Donald Trump and has long been a controversial figure. He campaigned for reunification with Moldova, which this year renewed a five-year ban on him entering the country over security concerns, and he is banned for the same reason from entering neighboring Ukraine. “I would like that in the next five to 10 years, for Romanians to be really proud to be Romanians, to promote Romanian culture, Romanian products,” he told reporters on Wednesday in the capital, Bucharest. “As a Romanian president, I will promote Romanian interests. In most cases, Romanian interests coincide with partner interests.” Cristian Andrei, a political consultant based in Bucharest, says Sunday’s vote will be “a tight race” in which the diaspora will likely play a key role in which candidates make it to the runoff. “We are at a point where Romania can easily divert or slip toward a populist regime because (voter) dissatisfaction is pretty large among a lot of people from all social strata,” he told The Associated Press. “And the temptation for any regime, any leader — will be to go on a populist road.” He added that Romania’s large budget deficit, high inflation, and an economic slowdown could push more mainstream candidates to shift toward populist stances amid widespread dissatisfaction. Ciolacu told the AP that if he is elected, one of his biggest goals is “to convince Romanians that it is worth staying at home or returning” to Romania, which has a massive diaspora spread throughout EU countries. “Romania has a huge chance to become a developed economy in the next 10 years, where honest work is fairly rewarded and people have the security of a better life,” he said. “But for this, we need balance and responsibility ... I am running for the Presidency of Romania because we need a change.” Other key candidates include Elena Lasconi of the Save Romania Union party, or USR; former NATO deputy general secretary Mircea Geoana, who is running independently; and Nicolae Ciuca, a former army general and head of the center-right National Liberal Party, which is currently in a tense coalition with the PSD. Geoana, a former foreign minister and ambassador to the United States, told the AP that he believes his international experience qualifies him above the other candidates. “I think I bring a lot of competence and experience and connections in this complicated world,” he said. Lasconi, a former journalist and the leader of USR, said she sees corruption as one of the biggest problems Romania faces and that she supports increased defense spending and continued aid to Ukraine. Romania has been a staunch ally of war-torn Ukraine since Russia launched a full-scale invasion in February 2022. But Simion of the AUR party said he opposes Romania—which has sent a Patriot missile system to Ukraine—contributing further military aid and that he hopes Trump can “stop the war.” In 2020, the AUR party went from relative obscurity to gaining 9% in a parliamentary vote, allowing it to enter parliament. Opponents have long accused Simion and AUR of being extremists, charges he denies. “We are sort of a Trumpist party in this new wave of patriotic political parties in Europe,” Simion said. Image credits: AP/Vadim GhirdaRotary Club unveils solar project at Lagos motherless babies home
US Drone Sightings: Why Shooting Them Down Could Be Risky
Hubco and BYD seem strange bedfellows, but there is an underlying logic At first glance, the alliance between Hubco and Mega Motors does not make sense. After all, one is a power producer, indeed the first Independent Power Producer, and the other is an automotive concern. Yet they have formed a joint venture which gives Hubco’’s wholly renowned Hub Power Holdings Limited a 50 percent stake in Mega Motor Company, which is in turn owned by Mega Conglomerate. The secret is revealed by the fact that Mega Motors has made a deal to make and market BYD vehicles. The Chinese company is the biggest electric vehicle company in the world. Hubco has been one of the companies which are having their power purchase agreements terminated early, and now it needs to diversify beyond power generation quickly. It should be remembered that oil companies were once the biggest researchers into solar power, while motorcar companies were among the earliest researchers in electric vehicles. Though none of them are in the front rank of either power generation or automobiles, the synergy has still proved useful. By moving from an oil-fired business to one taking solar energy, Hubco is still leaving itself room to get back into generation, though solar this time. Hubco has British, Saudi and US investors, which means that they are now in alliance with a Chinese EV maker. BYD may be able to leverage this alliance into gaining greater access to British and US solar and automotive technology. This agreement may also be seen as symbolic of how it is possible, in this globalized world, to bypass nationalistic barriers. Who would have imagined a joint venture between two Pakistani firms involving a Chinese and a US investor? If the incoming Trump Administration tries to strangle BYD with tariffs, what is to stop Xentergy, Hubco’s American investor, from lobbying for relaxation? Hubco is clearly looking to a future where oil is no longer king, and in that respect is proving itself worthy of the many awards it has won from the Marketing Association of Pakistan, not just for showing corporate responsibility, but also for being forward-looking. There is a storm of innovation coming, and those following previous paradigms, like strident nationalism, re going to be left behind in the dust of the innovators. In a way, the government did Hubco a favour by turfing it out of the power generation business. Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );Patrick Mahomes and Chiefs win at the buzzer again, topping Panthers 30-27 on Shrader's field goal
Kolkata Knight Riders (KKR) are the defending champions in the Indian Premier League (IPL). The Shreyas Iyer-led KKR defeated the Pat Cummins-led Sunrisers Hyderabad (SRH) in the grand finale in Chennai. Ahead of the IPL 2025 season, KKR appointed legendary West Indies all-rounder Dwayne Bravo as their new mentor. Ahead of the IPL 2025 edition, the Kolkata Knight Riders welcomed legendary West Indies all-rounder Dwayne Bravo as their new mentor after Gautam Gambhir left the franchise as a mentor to become the India national cricket team head coach. Earlier, the Kolkata-based franchise won two IPL titles under the captaincy of Gambhir. IPL 2025 Mega Auction Day 1 Live Updates . In the IPL 2024 auction, Kolkata signed Australian star pacer Mitchell Starc for a whopping INR 24.75, making him the most expensive overseas player to be bought in an IPL auction. However, they didn't retain him ahead of the IPL 2025 mega auction. In a shocking move, KKR didn't retain their title-winning skipper, Shreyas Iyer. KKR Players Bought at IPL 2025 Auction: Venkatesh Iyer (23.75 Crore INR). KKR Players Retained Ahead of IPL 2025 Auction: Rinku Singh, Varun Chakravarthy, Sunil Narine, Andre Russell, Harshit Rana, Ramandeep Singh KKR Previous Season Recap: The Shreyas Iyer-led side had a brilliant outing last season. The franchise won the IPL trophy. In the group stage, KKR finished at the top of the standings with nine victories from 14 matches. (The above story first appeared on LatestLY on Nov 24, 2024 07:07 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com ).American actor John Stamos is thanking two Chilliwack drummers after he called on them to help him perfect a drum solo for a Beach Boys concert. Brandon Toews and Dylan Weightman of Chilliwack were down in Los Angeles collaborating with the famous actor and musician as he prepared for an upcoming performance. Stamos, lovingly known as Uncle Jesse from sitcom Full House, has been playing with the Beach Boys for 40 years. He said he wanted to rediscover his love of drumming and needed help with a new solo, so he contacted Drumeo, an Abbotsford-based music school where Toews is the content director and Weightman the vice president. But it wasn’t just a drum lesson, it was a video project as well. “Today we released one of the coolest videos we’ve ever worked on at Drumeo,” Toews wrote on social media on Nov. 29. “I’ve gotten to know John Stamos over the last year and after sending some videos back and forth, we decided it was time to work on a new video together.” Weightman and fellow Drumeo teammate Brandon Scott developed the video concept and brought it to life, Toews said. In Drumeo’s 25-minute YouTube video called ‘John Stamos learns a drum solo in 10 days,’ Toews is seen working with Stamos on the drums and breaking down what makes a great solo. Near the end of the video, Stamos pounds out a minute-long drum solo at the Beach Boys concert that Toews called a 10 out of 10. Stamos “crushed it,” Toews said. “This was an absolute dream project collaborating with John Stamos to tell the story of evolving his Beach Boys drum solo in tribute of (late Foo Fighters drummer) Taylor Hawkins," Weightman wrote on social media. Weightman called Stamos talented, generous and handsome. “It was cool just to work with John – the fact that he’s a wonderful human being was a total bonus,” Weightman said. Stamos returned the compliments “Back at ya, Dylan. Total pleasure. You’re extremely helpful and very talented good man. And I absolutely love the video.” At the end of the video, Stamos pulls Toews up on stage to play a few songs with the Beach Boys, which Toews was not expecting. "John's a beast, man. What an incredible solo and, as a teacher, how cool to see your student go up there and just destroy a drum solo like that," Toews said. "Well done, John. You're an animal."
Lebanon’s Hezbollah fired heavy rocket barrages at Israel on Sunday, with Israeli media reporting that a building had been hit near Tel Aviv, after a powerful Israeli airstrike killed at least 20 people in Beirut the day before. Israel also struck Beirut’s Hezbollah-controlled southern suburbs, where intensified bombardment over the last two weeks has coincided with signs of progress in U.S.-led ceasefire talks. Hezbollah, which has previously vowed to respond to attacks on Beirut by targeting Tel Aviv, said it had launched two precision missiles at military sites in Tel Aviv and nearby. There were no reports from Israel of damage to the sites, but broadcaster Kan showed an apartment damaged by rocket fire in Petah Tikvah, east of Tel Aviv. Footage broadcast by the medical service MDA showed cars ablaze in Petah Tikvah. Hezbollah fired 170 rockets at Israel on Sunday, according to the Israeli military, which said many had been intercepted, but at least four people had been injured by rocket shrapnel. Video obtained by Reuters showed a projectile exploding on impact as it smashed into the roof of a building in the northern Israeli city of Nahariya. Israel warned on social media that it planned to target Hezbollah facilities in southern Beirut before strikes which security sources in Lebanon said demolished two apartment blocks. On Saturday, it had carried out one of its deadliest and most powerful strikes on the centre of Beirut, killing at least 20 people, Lebanon’s health ministry said. The Israeli military did not comment on the strike or the target. Israel went on the offensive against the Iran-backed Hezbollah in September, pounding the south, the Bekaa Valley and Beirut’s southern suburbs with airstrikes after nearly a year of hostilities ignited by the Gaza war. US CEASEFIRE PROPOSAL AWAITS ISRAEL’S RESPONSE The Israeli offensive has uprooted more than 1 million people in Lebanon. Israel says its aim is to secure the return home of tens of thousands of people evacuated from its north due to rocket attacks by Hezbollah, which opened fire in support of Hamas at the start of the Gaza war in October 2023. U.S. mediator Amos Hochstein highlighted progress in negotiations during a visit to Beirut last week, before travelling to meet Israeli Prime Minister Benjamin Netanyahu and Defence Minister Israel Katz, and then returning to Washington. European Union foreign policy chief Josep Borrell on Sunday said a U.S. ceasefire proposal was awaiting final approval from Israel. “We must pressure the Israeli government and maintain the pressure on Hezbollah to accept the U.S. proposal for a ceasefire,” he said in Beirut after meeting Lebanese officials. Diplomacy has focused on restoring a ceasefire based on U.N. Security Council Resolution 1701, which ended a 2006 Hezbollah-Israel war. It requires Hezbollah to pull its fighters back around 30 km (19 miles) from the Israeli border, and the Lebanese army to deploy in the buffer zone. The Lebanese army said on Sunday at least one soldier had been killed and 18 more injured in an Israeli strike that caused severe damage at an army centre in Al-Amiriya near the southern city of Tyre. The Israeli military said it regretted and was investigating the incident, and that it was fighting against Hezbollah, not the Lebanese Army. Lebanon’s caretaker prime minister, Najib Mikati, said the attack “represents a direct bloody message rejecting all efforts to reach a ceasefire, strengthen the army’s presence in the south, and implement ... 1701”. Borrell said the EU was ready to allocate 200 million euros ($208 million) to support the Lebanese army.Self-Driving Bus Market to Scale New Heights as Market Players Focus on Innovations 2024-2030 12-06-2024 07:57 PM CET | Advertising, Media Consulting, Marketing Research Press release from: Market Research Forecast Latest added Self-Driving Bus Market research study by Market Research Forecast offers detailed outlook and elaborates market review till 2032. The market Study is segmented by key regions that are accelerating the marketization. At present, the market players are strategizing and overcoming challenges of current scenario; some of the key players in the study are AB Volvo (Sweden), Volkswagen AG (Germany), Proterra (U.S.), Hyundai Motor Company (South Korea), Apollo Baidu (China)",EasyMile (France),"New Flyer (Canada), Navyo (France), Novus Hi-Tech Robotic Systemz (India), COAST AUTONOMOUS, INC. (U.S.)"} etc. The study explored is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources. Free Sample Report + All Related Graphs & Charts @: https://marketresearchforecast.com/report/self-driving-bus-market-2858/sample-report?utm_source=OpenPR/utm_medium=Rahul The Self-Driving Bus Market size was valued at USD 1.57 USD Billion in 2023 and is projected to reach USD 8.94 USD Billion by 2032, exhibiting a CAGR of 28.2 % during the forecast period. The latest edition of this report you will be entitled to receive additional chapter / commentary on latest scenario, economic slowdown and COVID-19 impact on overall industry. Further it will also provide qualitative information about when industry could come back on track and what possible measures industry players are taking to deal with current situation. Each of the segment analysis table for forecast period also high % impact on growth. This research is categorized differently considering the various aspects of this market. It also evaluates the upcoming situation by considering project pipelines of company, long term agreements to derive growth estimates. The forecast is analyzed based on the volume and revenue of this market. The tools used for analyzing the Global Self-Driving Bus Market research report include SWOT analysis. Influencing Trend: •Integration of electric powertrains for sustainable and cost-effective operations •Enhanced sensor and AI technologies for improved perception and decision-making •Partnerships between technology providers and automakers for accelerated development and deployment •Focus on developing safe and reliable autonomous systems Market Growth Drivers: •Increased demand for mobility solutions: Growing urbanization, traffic congestion, and the need for accessible transportation are driving the demand for innovative mobility solutions, including self-driving buses. •Safety enhancements: Autonomous vehicles eliminate human error, a major cause of accidents, resulting in improved road safety. •Government support: Governments worldwide are implementing incentives and regulations to encourage the adoption and deployment of self-driving vehicles. •Advancements in technology: Continuous innovations in sensors, artificial intelligence (AI), and computing power are accelerating the development and capabilities of self-driving buses. The Global Self-Driving Bus segments and Market Data Break Down are illuminated below: Component: Hardware, Software, and Services Significant developments in Self-Driving Bus Sector: July 2023: Volkswagen announces plans to test driverless vehicles in the U.S., including a self-driving version of its I.D. Buzz electric microbus. June 2023: Hyundai Motor introduces a pilot service of the RoboShuttle, a combination of AI and autonomous driving technology, at the South Korean national assembly. October 2022: EasyMile delivers a fleet of fully driverless shuttles for commercial service in tourist hotspots, covering a 2.5 km route. Have Any Questions Regarding Global Self-Driving Bus Market Report, Ask Our Experts@ https://marketresearchforecast.com/report/self-driving-bus-market-2858/enquiry-before-buy?utm_source=OpenPR/utm_medium=Rahul The regional analysis of Global Self-Driving Bus Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2032. Highlights of the report: •A complete backdrop analysis, which includes an assessment of the parent market •Important changes in market dynamics •Market segmentation up to the second or third level •Historical, current, and projected size of the market from the standpoint of both value and volume •Reporting and evaluation of recent industry developments •Market shares and strategies of key players •Emerging niche segments and regional markets •An objective assessment of the trajectory of the market •Recommendations to companies for strengthening their foothold in the market Strategic Points Covered in Table of Content of Global Self-Driving Bus Market: Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Self-Driving Bus market Chapter 2: Exclusive Summary - the basic information of the Self-Driving Bus Market. Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Self-Driving Bus Chapter 4: Presenting the Self-Driving Bus Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis. Chapter 5: Displaying the by Type, End User and Region/Country Chapter 6: Evaluating the leading manufacturers of the Self-Driving Bus market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2032) Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source Finally, Self-Driving Bus Market is a valuable source of guidance for individuals and companies. Get More Information: https://marketresearchforecast.com/report/self-driving-bus-market-2858/checkout?type=corporate?utm_source=OpenPR/utm_medium=Rahul Key questions answered •Who are the Leading key players and what are their Key Business plans in the Global Self-Driving Bus market? •What are the key concerns of the five forces analysis of the Global Self-Driving Bus market? •What are different prospects and threats faced by the dealers in the Global Self-Driving Bus market? •What are the strengths and weaknesses of the key vendors? Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market. Thanks for reading this article, we can also provide customized report as per company's specific needs. You can also get separate chapter wise or region wise report versions including North America, Europe or Asia. Contact Us: Craig Francis (PR & Marketing Manager) Market Research Forecast Unit No. 429, Parsonage Road Edison, NJ New Jersey USA - 08837 Phone: +1(201) 7937323, +1(201) 7937193 mailto:sales@archivemarketresearch.com sales@marketresearchforecast.com About Author: Market Research Forecast is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues. Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As. This release was published on openPR.
al experience and never having served as a prosecutor. Gaetz removed himself from the nomination process after hitting speed bumps, including those related to a yet-to-be-released ethics report surrounding allegations about drug use and child sex trafficking. Some speculated Gaetz might attempt to return to Congress, despite resigning immediately upon being nominated for the spot in Trump's administration, but experts say that would revive the discussion over the report about allegations for which Gaetz was never convicted or charged criminally. ALSO READ: The America-attacking Trump is coming for our military — and then he's coming for us But Gaetz himself provided a hint on social media over the weekend, suggesting he won't return to Congress but instead will position himself to be the next governor of Florida. Anthony... David McAfee
LOS ANGELES--(BUSINESS WIRE)--Dec 12, 2024-- EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”) today announced the closing of its $1.25 billion guaranteed loan facility from the U.S. Department of Energy (“DOE”) Loan Programs Office (“LPO”) under its Title 17 Clean Energy Financing Program to support EVgo’s forthcoming efforts to build convenient, reliable public charging infrastructure for electric vehicles (EVs) with the construction of 7,500 new fast charging stalls nationwide. This buildout will bring EVgo’s total owned and operated network to at least 10,000 fast charging stalls, allowing the Company to more than triple its network footprint by 2029. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241212262441/en/ EVgo fast charging network to further expand across the United States. (Photo: Business Wire) “As one of the nation’s leading public fast charging providers, we are well-positioned to deploy the infrastructure needed to support both current and future domestic investments in transportation electrification,” said EVgo CEO, Badar Khan. “This public-private partnership will help us continue to scale our operations to serve the influx of vehicle options that will be available to American consumers in the coming years.” Building high-power public charging at scale bolsters range confidence for Americans as they consider the choice to drive an EV. Expanding fast charging infrastructure not only contributes to job creation and local economic benefits, but it is also critical to protecting the investments made by the automotive industry, which is expected to release over 30 new affordable EV models by the end of 2025, 1 in addition to the more than 70 vehicle models already available to American consumers today. 2 EVs now account for roughly 9% of new vehicle sales 3 and increasing consumer confidence in the availability of public charging is key to the success of these investments. EVgo estimates this project buildout will create more than 1,000 jobs in the U.S., over 700 of which will be contracted resources engaged by the Company encompassing roles in construction, engineering, development, and operations and maintenance. Terms of the $1.25 Billion Guaranteed Loan Facility The closing of this DOE guaranteed loan facility follows receipt of a conditional commitment on October 3, 2024, and marks the conclusion of a thorough 18-month process. Innovative Charging Solutions Through the EVgo Innovation Lab, the Company is fostering American innovation to advance the broader transportation electrification ecosystem, including its extensive interoperability testing and ongoing technical collaboration with leading automakers and technology partners to support a superior customer experience for drivers. This technical innovation extends to the joint development of next-generation charging architecture , for which EVgo will soon secure domestic intellectual property rights. This architecture will leverage EVgo’s learnings from serving over a million customers nationwide to provide EVgo with more control over the full customer experience, streamlining the charging process while driving energy efficiency and cost savings. The Company plans to deploy this new architecture beginning in the second half of 2026. For more information about the EVgo network, visit www.evgo.com . Conference Call Information A live audio webcast and conference call for EVgo’s DOE Loan Facility will be held today at 5 p.m. ET / 2 p.m. PT. The webcast will be available at investors.evgo.com , and the dial-in information for those wishing to access via phone is: Toll Free : (800) 715-9871 (for U.S. callers) Toll/International : (646) 307-1963 (for callers outside the U.S.) Conference ID : 9312273 This press release, along with other investor materials that will be used or referred to during the webcast and conference call, including a slide presentation will also be available on that site. Transaction Advisors Goldman Sachs acted as the financial advisor to EVgo. About EVgo EVgo (Nasdaq: EVGO) is one of the nation’s leading public fast charging providers. With more than 1,000 fast charging stations across 40 states, EVgo strategically deploys localized and accessible charging infrastructure by partnering with leading businesses across the U.S., including retailers, grocery stores, restaurants, shopping centers, gas stations, rideshare operators, and autonomous vehicle companies. At its dedicated Innovation Lab, EVgo performs extensive interoperability testing and has ongoing technical collaborations with leading automakers and industry partners to advance the EV charging industry and deliver a seamless charging experience. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act, as amended. Forward-looking statements generally relate to future events or the Company’s future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “going to,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these words or other similar terms or expressions that concern the Company’s expectations, strategy, priorities, plans or intentions. Forward-looking statements in this press release include, but are not limited to, statements regarding the terms of the DOE loan facility; the anticipated benefits and growth from the DOE loan facility, including project build out plan, use of proceeds, issuance, timing and availability of advances, satisfaction of covenants and the absence of events of default; growth in the demand for EV vehicles and charging infrastructure; the anticipated release of new affordable EV models; anticipated job creation in the US from the project buildout; the Company’s ability to scale; the joint development and deployment of the Company’s next-generation charging infrastructure, and the anticipated IP rights, efficiencies, cost savings and launch plans. These statements are based on various assumptions and on the current expectations of EVgo’s management, and are not predictions of actual performance. The Company’s expectations and beliefs regarding these matters may not materialize. There are a significant number of factors that could cause actual results to differ materially from the statements made in this press release, including changes or developments in the broader general market; EVgo’s dependence on the widespread adoption of EVs and growth of the EV and EV charging markets; EVgo's reliance on the DOE loan facility, its ability to fully draw on the DOE loan facility and its ability to comply with the covenants and other terms of the DOE loan facility; competition from existing and new competitors; EVgo’s ability to expand into new service markets, grow its customer base and manage its operations; the risks associated with cyclical demand for EVgo’s services and vulnerability to industry downturns and regional or national downturns; fluctuations in EVgo’s revenue and operating results; EVgo’s ability to satisfy the required conditions, enter into definitive agreements and receive loan funding in connection with, and to realize any anticipated benefits and growth from, the DOE loan facility; unfavorable conditions or disruptions in the capital and credit markets and EVgo’s ability to obtain additional financing on commercially reasonable terms; EVgo’s ability to generate cash, service indebtedness and incur additional indebtedness; any current, pending or future legislation, regulations or policies that could impact EVgo’s business, results of operations and financial condition, including regulations impacting the EV charging market and government programs designed to drive broader adoption of EVs and any reduction, modification or elimination of such programs due to the results of the 2024 Presidential and Congressional elections; EVgo’s ability to adapt its assets and infrastructure to changes in industry and regulatory standards and market demands related to EV charging; impediments to EVgo’s expansion plans, including permitting and utility-related delays; EVgo’s ability to integrate any businesses it acquires; EVgo’s ability to recruit and retain experienced personnel; risks related to legal proceedings or claims, including liability claims; EVgo’s dependence on third parties, including hardware and software vendors and service providers, utilities and permit-granting entities; supply chain disruptions, inflation and other increases in expenses; safety and environmental requirements or regulations that may subject EVgo to unanticipated liabilities or costs; EVgo’s ability to enter into and maintain valuable partnerships with commercial or public-entity property owners, landlords and/or tenants (collectively “Site Hosts”), original equipment manufacturers (“OEMs”), fleet operators and suppliers; EVgo’s ability to maintain, protect and enhance EVgo’s intellectual property; and general economic or political conditions, including the conflicts in Ukraine, Israel and the broader Middle East region, and elevated rates of inflation and associated changes in monetary policy. The forward-looking statements contained in this report are also subject to other risks and uncertainties, including those more fully described herein and in the Company’s filings with the Securities and Exchange Commission, including the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2023, the Company’s quarterly reports on Form 10-Q for the quarterly periods ended March 31, 2024, June 30, 2024 and September 30, 2024 and current reports on Form 8-K. The forward-looking statements in this report are based on information available to the Company as of the date hereof, and the Company disclaims any obligation to update any forward-looking statements, except as required by law. 1 Source: JD Power’s Future Vehicle Calendar (April 2024) 2 Source: EV Volumes, 2024 US EV sales 3 https://www.coxautoinc.com/market-insights/q3-2024-ev-sales/ View source version on businesswire.com : https://www.businesswire.com/news/home/20241212262441/en/ CONTACT: EVgo Contacts For Investors: investors@evgo.comFor Media: press@evgo.com KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: EV/ELECTRIC VEHICLES AUTOMOTIVE ALTERNATIVE VEHICLES/FUELS SOURCE: EVgo Inc. Copyright Business Wire 2024. PUB: 12/12/2024 04:05 PM/DISC: 12/12/2024 04:04 PM http://www.businesswire.com/news/home/20241212262441/enFolding Electric Bicycle Market to grow by USD 204.5 Million from 2024-2028, driven by traffic congestion, Report on AI-driven market transformation- TechnavioBOSTON (AP) — Two men, including a dual Iranian American citizen, have been arrested on charges that they exported sensitive technology to Iran that was used in a drone attack in Jordan that killed three American troops early this year and injured dozens of other service members, the Justice Department said Monday. The pair were arrested after FBI specialists who analyzed the drone traced the navigation system to an Iranian company operated by one of the defendants, who relied on technology funneled from the U.S. by his alleged co-conspirator, officials said. “We often cite hypothetical risk when we talk about the dangers of American technology getting into dangerous hands,” said U.S. Attorney Joshua Levy, the top federal prosecutor in Massachusetts. “Unfortunately, in this situation, we are not speculating.” The defendants were identified as Mahdi Mohammad Sadeghi, who prosecutors say works at a Massachusetts-based semiconductor company, and Mohammad Abedininajafabadi, who was arrested Monday in Italy as the Justice Department seeks his extradition to Massachusetts. Prosecutors allege that Abedininajafabadi, who also uses the surname Adedini and operates an Iranian company that manufactures navigation systems for drones, has connections to Iran's paramilitary Revolutionary Guard. They allege that he conspired with Sadeghi to circumvent American export control laws, including through a front company in Switzerland, and procure sensitive technology into Iran. Both men are charged with export control violations, and Abedini separately faces charges of conspiring to provide material support to Iran. A lawyer for Sadeghi, a naturalized U.S. citizen who was arrested Monday in Massachusetts, did not immediately return an email seeking comment. U.S. officials blamed the January attack on the Islamic Resistance in Iraq, an umbrella group of Iran-backed militias that includes Kataib Hezbollah. Three Georgia soldiers — Sgt. William Jerome Rivers of Carrollton, Sgt. Breonna Moffett of Savannah and Sgt. Kennedy Sanders of Waycross — were killed in the Jan. 28 drone attack on a U.S. outpost in northeastern Jordan called Tower 22. In the attack, the one-way attack drone may have been mistaken for a U.S. drone that was expected to return back to the logistics base about the same time and was not shot down. Instead, it crashed into living quarters, killing the three soldiers and injuring more than 40. Tower 22 held about 350 U.S. military personnel at the time. It is strategically located between Jordan and Syria, only 10 kilometers (6 miles) from the Iraqi border, and in the months just after Hamas’ Oct. 7 attack on Israel, and Israel’s blistering response in Gaza, Iranian-backed militias intensified their attacks on U.S. military locations in the region. Following the attack, the U.S. launched a huge counterstrike against 85 sites in Iraq and Syria used by Iran's Revolutionary Guard and Iranian-backed militia and bolstered Tower 22’s defenses. ____ Tucker and Copp reported from Washington. Steve Leblanc, Eric Tucker And Tara Copp, The Associated Press