EVgo Inc. Overview
Pro stress-test →EVgo is America's largest public electric vehicle fast charging network with 850+ fast charging stations in more than 30 states powered by 100% renewable energy. With 15 years of experience owning and operating one of the nation's largest public fast charging networks, EVgo is a first mover and industry leader in infrastructure deployment. The company operates across multiple customer segments including individual EV drivers, commercial fleet operators, and major automakers.
Strategic Profile
Pro stress-test →EVgo works with automakers, site hosts, businesses, rideshare operators, autonomous vehicle companies, utilities, and other stakeholders to accelerate nationwide expansion of fast charging infrastructure. EVgo currently has agreements with various automakers for their electric vehicles to use its network of chargers or provide discounted charging rates or complimentary charging, including GM, Honda, and Toyota. EVgo says its chargers can deliver a full charge in as little as 15 minutes and highlights a network of >4,600 stalls in operation and a goal of >15,000 stalls energized by end of 2029.
Competitive Landscape
Pro stress-test →EVgo operates in a competitive EV charging market dominated by ChargePoint (NYSE:CHPT), Blink Charging (NASDAQ:BLNK), and Wallbox (NYSE:WBX). EVgo differentiates through its extensive public network, automaker partnerships, and high-power 350kW chargers, positioning itself as the largest public fast-charging provider with superior utilization rates improving from 9% to 24%.
Industry Context
EVgo Inc. operates in Electric Vehicle Charging Infrastructure.
Key facts
Founded: 2010 · Headquarters: Los Angeles, California, US · Revenue: $377.5M (2025 guidance)