EVgo (NASDAQ:EVGO) (NASDAQ: EVGO) operates the nation’s largest public fast-charging network for electric vehicles, offering convenient and reliable charging solutions across the United States. The company designs, builds and maintains direct current (DC) fast chargers and alternating current (AC) Level 2 chargers at retail, workplace and transit sites. Through partnerships with major automakers, fleet operators and retail properties, EVgo delivers accessible charging to drivers of all major EV models.
EVgo’s charger portfolio spans 50 kW to 350 kW fast chargers, enabling drivers to gain up to 100 miles of range in 15 minutes. The network employs software-driven management tools that monitor charger performance, optimize energy usage and integrate renewable energy sources. EVgo also offers subscription-based charging plans and pay-as-you-go options, supported by a mobile app that provides real-time station availability, navigation and driver support.
Founded in 2010 as a joint venture between Nissan and eTec, EVgo has grown rapidly through strategic investments and partnerships. Headquartered in Los Angeles, the company went public in early 2021 via a merger with a special purpose acquisition company. Under the leadership of CEO Cathy Zoi, a veteran executive in clean energy and technology, EVgo emphasizes sustainable growth, network expansion and customer-centric innovation.
Today, EVgo serves drivers in more than 40 states, with over 1,000 fast-charging stalls at high-traffic locations including grocery stores, shopping centers, transit hubs and multiunit dwellings. With a focus on reducing range anxiety and accelerating electric vehicle adoption, EVgo continues to expand its footprint and enhance its charging infrastructure to meet the growing demands of the EV market.
