EVgo (NASDAQ:EVGOW) (NASDAQ: EVGOW) is a leading operator of public fast-charging networks for electric vehicles (EVs) in the United States. The company designs, installs, owns and operates DC fast chargers, offering charging speeds from 50 kW up to 350 kW. EVgo’s network is purpose-built to support individual drivers, electric vehicle fleets and rideshare services, providing reliable access to high-power charging at retail, grocery, parking and hospitality locations.
EVgo’s service offerings include pay-as-you-go charging, subscription plans for frequent users and customized solutions for fleet operators seeking to electrify delivery, logistics and rideshare fleets. The company’s proprietary mobile app allows drivers to locate available chargers, initiate charging sessions, monitor progress and process payments. EVgo also partners with automakers, utilities and energy companies to integrate charging infrastructure into new developments and incentive programs.
Founded in 2010 and headquartered in Los Angeles, California, EVgo has grown through a combination of organic expansion and strategic partnerships. In February 2021, the company became publicly traded following a merger with a special purpose acquisition company (SPAC). Since its inception, EVgo has been backed by energy and infrastructure investors, including LS Power, which has supported the build-out of the network across major metropolitan areas.
Today, EVgo operates over 1,000 fast chargers at more than 800 locations across 34 states, making it one of the largest public fast-charging networks in the country. Under the leadership of CEO Cathy Zoi, the company continues to focus on expanding its footprint, enhancing user experience and advancing partnerships that accelerate the nationwide transition to electric mobility.
