EVgo

EVgo

Manages public fast EV charging network

Overview

EVgo operates the largest public fast charging network in the United States, owning and running over 800 fast charging stations in 66 markets. It serves individual EV owners, businesses, retail locations, government fleets, ride-sharing, car-sharing, and autonomous vehicle fleets by providing public charging hubs as well as private charging solutions. Its charging stations deliver electricity to electric vehicles, with revenue coming from customers who pay for the electricity used, plus partnerships with commercial and retail partners that install chargers at their locations and often share in revenue. What sets EVgo apart is its scale and its model of owning and operating a broad network, enabling reliable access to fast charging across many locations through both public and partner sites. The company’s goal is to expand dependable charging infrastructure to support the growing adoption of electric vehicles and make charging convenient for a wide range of users.

About EVgo

Simplify's Rating
Why EVgo is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Automotive & Transportation

Industrial & Manufacturing

Government & Public Sector

Energy

Company Size

201-500

Company Stage

IPO

Headquarters

Houston, Texas

Founded

2010

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Simplify's Take

What believers are saying

  • September 9, 2026 Regency adds 400+ stalls in nine states, deepening grocery traffic.
  • August 5, 2026 Tesla deal expands EVgo’s addressable market and routes drivers automatically.
  • Q2 2026 charging revenue rose 19%; EVgo targets 1,350-1,625 new stalls in 2026.

What critics are saying

  • Q2 2026 total revenue fell 16%, proving non-charging segments remain fragile.
  • Tesla’s NACS dominance compresses EVgo pricing and site traffic as adapters vanish.
  • If 2026 EV demand slows, EVgo’s 10,000-stall plan becomes stranded-capital roulette.

What makes EVgo unique

  • EVgo’s August 5, 2026 Tesla partnership puts branded V4 Superchargers on Tesla navigation.
  • Regency, Brixmor, Kroger, and Meijer place chargers inside daily shopping trips.
  • EVgo operates 5,380 stalls across 47 states, with 240 NACS stalls by July 31, 2026.

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Funding

Total Funding

$993.9M

Above

Industry Average

Funded Over

7 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

401(k) Retirement Plan

401(k) Company Match

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↑ 11%
The Cool Down
Sep 15th, 2026
EVgo plans 400 fast chargers at US grocery-anchored shopping centers.

EVgo plans 400 fast chargers at US grocery-anchored shopping centers. "EV drivers are looking for convenient charging options where they already spend their time." by James Nanzo September 15, 2026 Photo Credit: EVgo EVgo says it plans to add more than 400 fast-charging stalls at grocery-anchored shopping centers across the United States, giving drivers a chance to plug in while they shop, grab a meal, or pick up prescriptions. Here's what to know. According to Electrek, EVgo's buildout will reach more Regency Centers properties. The company owns or manages more than 480 shopping centers nationwide, and major supermarket brands such as Publix, Kroger, Whole Foods, Trader Joe's, Safeway, and Albertsons anchor over 80% of those locations. EVgo announced in a press release that it plans installations in centers in Colorado, Florida, Illinois, New Jersey, New York, Pennsylvania, Texas, and Virginia, with additional states included. It also said each location could feature up to 24 high-power fast chargers, with certain EVs able to reach a full charge in as little as 15 minutes. As Scott Levitan, executive vice president of growth at EVgo, put it in the release: "EV drivers are looking for convenient charging options where they already spend their time, like grocery-anchored shopping centers." TCD picks " Quince spotlight. These best-sellers from Quince deliver affordable, sustainable luxury for all More background. Regency and EVgo have been working together since EVgo placed its first charger at one of the company's properties in 2020. EVgo operates more than 150 charging stalls at Regency shopping centers, and the companies say the expansion will boost Regency's total EV charging presence by more than 20%. The company says about half of drivers who use one of its charging sites also visit a nearby shop or restaurant. EVgo also noted in the release that the average American household spends 23 minutes at one of these types of grocery stores two to three times a week. What's being done? For many households, public charging is only part of the equation. Qmerit provides free, instant installation estimates for faster Level 2 home charger installations. Public charging does certainly provide a niche for drivers, though. The expanding partnership works well for many drivers who want to charge in the background as they shop and eat. "Increasing access to fast charging like this supports the widespread adoption of EVs and advances our broader sustainability goals," declared Mark Peternell, VP of Sustainability at Regency Centers, in the release. EVgo isn't the only company trying to make charging part of a regular shopping trip. Pricing and retail-based buildouts could determine whether plugging in starts to feel as ordinary as any other errand. - EVgo's holiday pricing showed costs can still vary widely from Tesla chargers nearby. - Walmart's network surges into the top 20 as fast chargers spread nationwide. - Ikea is adding EV chargers in 18 states, widening fast-charging options beyond highways. For drivers, that means a growing mix of charging options beyond highway stops. It is another sign that retail parking lots could play a much bigger role in everyday EV life. Get TCD's free newsletters for easy tips, smart advice, and a chance to earn $5,000 toward home upgrades. To see more stories like this one, change your Google preferences here.

EV Charging Stations
Sep 11th, 2026
EVgo launches largest non-tesla DC fast-charging site in Los Angeles.

EVgo launches largest non-tesla DC fast-charging site in Los Angeles. It features 18 stalls with a peak output of 350 kW. Published on September 11, 2026 EVgo has opened another large DC fast-charging station in California, expanding public charging options for Los Angeles drivers. The site features 18 stalls (nine double-head chargers), which EVgo says makes it the largest non-Tesla site in the City of Los Angeles. As the photo shows, the stalls are rated at up to 200 or 350 kW, depending on the charger, and appear trailer-friendly. The location on South Robertson Blvd. supports traffic along the busy I-10 corridor and offers a variety of amenities, including: * Restaurants: The Apple Pan, John O'Groats, Overland Café * Shopping: Platform LA, Helms Bakery District * Grocery stores: Smart & Final Extra!, Samosa House Market, Trader Joe's It's not the largest EVgo location; earlier this year, the company deployed a 28-stall station, but it aligns with the goal of building larger sites. According to State Of Charge's recent interviews with EVgo's executives, the company plans to deploy 3,000-5,000 additional stalls annually over the next couple of years.

InsideEVs
Sep 11th, 2026
LA's largest non-tesla EV charging station opens with A surprise: CHAdeMO support.

LA's largest non-tesla EV charging station opens with A surprise: CHAdeMO support. EVgo, one of the largest charging networks in the U.S., hasn't forgotten about the old Nissan Leaf. Sep 11, at 4:30am ET * EVgo said it opened the largest non-Tesla EV fast charging station in the City of Los Angeles. * The new station has 18 plugs that can deliver up to 350 kW of power. * But even with all the modern tech, the company is still offering support for the dying CHAdeMO connector. EV drivers in Los Angeles have a new fast charging station where they can quickly top up their cars' batteries. EVgo, one of the biggest charging networks in the country, says its new site on S Robertson Blvd is the largest non-Tesla EV charging station in the City of LA, with a total of 10 stalls and 20 plugs that can deliver up to 350 kilowatts. That's great news, but what makes this location a little more interesting is that it still offers CHAdeMO support. That's the type of charge port used by the two previous generations of the Nissan Leaf, as well as some Japanese-made plug-in hybrids, like the Mitsubishi Outlander PHEV. It means that older EVs, which now cost very little on the used market, are still getting some love, even as the charging industry is moving at lightning speed on the CCS and NACS fronts. The two CHAdeMO ports at EVgo's new LA station can deliver up to 100 kW, with the remaining 18 cables offering CCS connectors. The power levels are also neatly distributed, with two 100-kilowatt stalls, three 200-kW stalls, and five 350-kW stalls. As you may have noticed, there are no NACS cables here, but that's not quite an issue, as NACS-equipped EVs can use charging adapters with CCS chargers. Meanwhile, using a CHAdeMO adapter on a CCS station is very expensive and not recommended by the CHAdeMO association. That said, EVgo is one of the few companies that have started installing Tesla Superchargers. The stations use V4 dispensers that can deliver up to 500 kW at 1,000 volts, and they're automatically integrated into the Tesla in-app navigation system. NACS plugs are also being added to existing stations. What do you think? Located just off the Santa Monica Freeway in the Mid-City neighborhood, the new Los Angeles location caters to a busy, central corridor where drivers can plug in while grabbing a meal, running errands, or heading across town. The station is within walking distance of several restaurants, grocery stores, and shopping options. According to the Department of Energy's Alternative Fuels Data Center (AFDC), EVgo currently operates 1,175 EV fast charging stations in the U.S., with a total of 5,185 individual ports available to the public. Most stations offer Plug & Charge functionality, which means the charging session will start automatically after plugging in, as long as there is a payment method set up in the user's account.

Yahoo
Sep 9th, 2026
EVgo is adding more fast chargers where you buy groceries.

EVgo is adding more fast chargers where you buy groceries. [email protected] (Andrei Nedelea) Wed, September 9, 2026 at 10:29 PM PDT More than 400 additional charging stalls are planned at Regency shopping centers, expanding a partnership that dates back to 2020. * EVgo plans to add more than 400 fast-charging stalls at Regency shopping centers across the U.S. * The partnership began in 2020, and EVgo already operates more than 150 stalls at Regency properties. * New sites will feature up to 24 chargers, giving more drivers a chance to charge while buying groceries. Public charging is a much more pleasant experience when you have something useful to do while the car is plugged in. Buying groceries beats waiting around and watching the battery percentage creep upward, especially if it means avoiding a separate trip just to charge. That's why more retailers are adding fast charging for customers to top up their EVs while checking items off their shopping lists. EVgo is expanding its footprint through its existing partnership with shopping center owner Regency. The companies plan to add more than 400 fast-charging stalls at Regency properties across the United States, focusing on centers with grocery stores. These won't be the first EVgo chargers in Regency parking lots. The operator installed its first chargers at a Regency location in 2020 and already runs more than 150 stalls across its properties. However, the announcement signals a substantial expansion of that arrangement. More on this. The new sites will feature up to 24 high-power chargers each. Planned markets include Colorado, Florida, Illinois, New Jersey, New York, Pennsylvania, Texas, and Virginia, with other states that weren't specifically named also in the mix. Neither company provided a completion deadline or a full list of locations, though. It also follows another EVgo shopping center expansion. In August, it announced that it was adding at least 500 additional stalls through its partnership with Brixmor Property Group. That rollout is intended to bring EVgo charging to at least 90 Brixmor shopping centers. In another deal, Kroger and EVgo announced plans to install at least 150 fast-charging stalls annually through 2035, covering supermarket brands including Fred Meyer, Harris Teeter and Smith's. The Regency is clearly part of that broader push to make charging part of the weekly routine. The latest announcement doesn't specify charging rates or power ratings. Its recently confirmed rollout at Brixmor shopping centers and Kroger lists 350-kilowatt chargers, so that may be the peak output of the chargers installed at Regency locations. Putting chargers near groceries is certainly sensible, but the experience still needs to be painless for them to be popular. As InsideEVs' Suvrat Kothari discovered during a recent visit to a Walmart charging station, app problems turned plans for a shopping stop into 40 minutes of troubleshooting without adding any charge.

EVMagz
Aug 19th, 2026
EVgo and GM expand U.S. Fast-Charging network with more than 100 new flagship stalls.

EVgo and GM expand U.S. Fast-Charging network with more than 100 new flagship stalls. The latest 350 kW charging site in Michigan is part of a broader rollout that will add more than 100 flagship stalls across the U.S. by the end of 2026. Prefer on Google EVgo and General Motors are expanding their U.S. fast-charging partnership, with more than 100 new flagship charging stalls planned to enter operation by the end of 2026. The latest site has opened in Warren, Michigan, near GM's Global Technical Center, bringing the number of operational flagship stalls in the United States to more than 40. The new location has 12 charging stalls capable of delivering up to 350 kW and supports both CCS and NACS connectors. Discover more Booking All-Inclusive Vacation Packages Electric bus operations China EV market Michigan site adds 12 high-power chargers. The Warren charging station is designed to accommodate a range of electric vehicles and includes an overhead canopy and pull-through spaces for vehicles towing trailers. Discover more Tracking Latest Company News Updates Comparing Electric Vehicle Models EV charging solutions EVgo said vehicles can receive a full charge in as little as 15 minutes at the site, depending on the vehicle's charging capability and other operating conditions. Electric vehicle news The location is positioned near GM's Global Technical Center and is part of EVgo's expanding network of higher-capacity charging sites. Flagship sites focus on high-power charging. EVgo's flagship charging locations are designed around higher-powered chargers, additional charging stalls, improved lighting and access to nearby amenities. The company said flagship sites will average as many as 20 charging stalls and will generally be located near shops, restaurants, supermarkets and other destinations. William Hotchkiss, head of public charging at General Motors, said the expansion is intended to improve access to high-power charging for GM electric vehicle customers. More sites planned across the U.S. EVgo plans to add flagship charging locations in California, Florida, Georgia, Illinois, Michigan and Texas. The company expects more than 100 flagship stalls to be operational by the end of 2026. The new locations will expand access to both CCS and NACS charging as EVgo continues to increase the availability of high-power public charging across major U.S. markets. GM-Backed network reaches 32 states. The flagship programme builds on the wider charging partnership between EVgo and GM. With GM's support, EVgo has deployed around 2,400 charging stalls across 32 U.S. states. Separately, EVgo, GM and Pilot Company have expanded another fast-charging programme. That network now includes more than 1,300 charging stalls across 300 locations in 40 states. The latest flagship rollout adds another layer to the companies' broader effort to expand high-power charging infrastructure for electric vehicles in the United States.

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