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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.
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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Total Funding
$993.9M
Above
Industry Average
Funded Over
7 Rounds
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Disability Insurance
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EVgo and GM's gas station-like flagship charging network is growing fast. [email protected] (Iulian Dnistran) Wed, August 12, 2026 at 12:45 AM PDT The latest station opened in metropolitan Detroit with pull-through 350 kW stalls, an overhead canopy, and access to amenities. * EVgo has reached an important milestone in the deployment of its flagship EV charging stations. * The company is well on its way to having over 100 flagship stalls by the end of the year. * Flagship EVgo charging stations have pull-through stalls with 350 kW dispensers, overhead canopies, and access to amenities. EVgo, one of the biggest electric vehicle charging operators in the United States, is steadily growing its network of flagship locations for EV drivers. The latest site, built in collaboration with General Motors and Midwest retailer Meijer, is now open in metropolitan Detroit, featuring a mix of 12 high-powered CCS and NACS stalls, an overhead canopy, and access to shopping, restaurants, and other amenities. With this latest gas station-like location, EVgo now has over 40 flagship stalls operational countrywide, and the company expects to have more than 100 flagship stalls operational by the end of the year. On average, EVgo's flagship EV charging stations have up to 20 individual stalls per site, each providing up to 350 kilowatts for EVs in need of a top-up. That's the same type of charger used at the majority of EVgo locations, but most stations don't have canopies or pull-through charging stalls. As part of its expansion plans, EVgo will build flagship stations in California, Florida, Georgia, Illinois, Michigan, and Texas. Despite the relatively small number of flagship locations built so far, EVgo's network spans a lot more, with 2,400 stalls providing energy across 1,200 stations in 32 states, thanks in no small part to GM's involvement. Separately, EVgo, GM, and Pilot Company's collaborative fast charging network has over 1,300 stalls at 300 locations across 40 states. "The EV-driver customer experience is paramount as American consumers choose whether to drive electric. Through our collaboration with GM, we are meeting EV drivers where they are and seamlessly integrating infrastructure options into drivers' lives," said Dennis Kish, President of EVgo. In addition to its partnerships with General Motors and Pilot Company, EVgo recently expanded its deal with commercial real estate developer Brixmore to deploy at least 500 new DC stalls at shopping centers across the U.S. What's more, EVgo will deploy Tesla Superchargers capable of delivering 500 kW starting this fall.
EVgo and GM enhance the charging experience with new flagship sites. With newest flagship now open in metropolitan Detroit, more than 100 new stalls are expected to be operational by the end of 2026 WARREN, Mich., Aug. 11, 2026 (GLOBE NEWSWIRE) - EVgo Inc. (NASDAQ: EVGO) ("EVgo"), one of the nation's largest public fast charging networks today announced the opening of its newest flagship charging station in metropolitan Detroit, further advancing the Company's efforts to deploy high-power, customer-focused infrastructure in key markets across the country. With this new site, located in partnership with Midwest retailer, Meijer, more than 40 flagship charging stalls are now open nationwide, and EVgo expects to have over 100 flagship stalls online by the end of 2026. General Motors (GM) has contributed to this expansion to aid EV adoption across the U.S. EVgo flagships are designed to elevate the EV driver customer experience, with high-power chargers, enhanced lighting and large stall count locations so that EV drivers can easily access charging. Flagship stations will average up to 20 stalls per site and offer convenient access to amenities including shopping, dining, grocery, and other services drivers can take advantage of while they charge. "The EV-driver customer experience is paramount as American consumers choose whether to drive electric. Through our collaboration with GM, we are meeting EV drivers where they are and seamlessly integrating infrastructure options into drivers' lives," said Dennis Kish, President of EVgo. This latest station, located directly across from GM's Global Technical Center at the Meijer Warren store, features an overhead canopy with pull-through access to accommodate vehicles pulling trailers, a mixture of 12 CCS and NACS stalls, and 350 kW charging capable of delivering a full charge in as little as 15 minutes, depending on the vehicle.[1] "The flagship charging experience demonstrates what is possible when automakers, charging networks and retailers work together to deliver an elevated customer experience for today's EV driver," said William Hotchkiss, head of public charging at General Motors. "By expanding access to reliable, high-power charging in convenient locations, we're making the choice to purchase or lease GM's twelve different EV models easier." The newest EVgo station at the Meijer Warren further expands fast charging infrastructure options in Michigan where the number of EVs in operation increased sixfold from 2021 to 2025. [2] "This EVgo flagship charging destination provides Meijer customers with the ultimate charging experience while they shop," said Erik Petrovskis, Director of Environmental Compliance and Sustainability at Meijer. "We're proud to offer convenient access to fast charging for our customers." As part of the flagship program, EVgo will build flagship stations in California, Florida, Georgia, Illinois, Michigan, and Texas. Separately, EVgo has built nearly 2,400 stalls across 32 states with GM's support. EVgo, GM and Pilot Company also recently announced their collaborative fast charging network has surpassed 1,300 stalls at 300 locations across 40 states. [1] Actual charging time will vary based on vehicle's charging speed and settings, battery condition, ambient temperature, and initial state of charge. [2] US VIO Experian About EVgo EVgo (Nasdaq: EVGO) is one of the nation's leading public fast charging providers. With more than 1,200 fast charging stations across 47 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. About General Motors General Motors (NYSE: GM) is driving the future of transportation, leveraging advanced technology to build safer, smarter, and lower-emission cars, trucks, and SUVs. GM's Buick, Cadillac, Chevrolet, and GMC brands offer a broad portfolio of innovative gasoline-powered vehicles and the industry's widest range of EVs, as Green Stock News LLC move to an all-electric future. Learn more at GM.com. 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 Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements regarding the expected number and timing of charging stalls, planned station deployments in additional states, and the anticipated features and performance of EVgo's charging infrastructure. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including those described in the Company's most recent Annual Report on Form 10-K and subsequent filings with the Securities and Exchange Commission, available at investors.evgo.com and www.sec.gov. EVgo disclaims any obligation to update these statements, except as required by law. Plug into more green stock news. 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EVgo to add 500 new EV fast charging stalls at Brixmor shopping centers. * August 10, 2026 Public EV charging provider EVgo operates more than 1,200 DC fast charging stations in 47 states, and the company is aggressively expanding its network. The latest major deployment to be announced: over 500 new fast charging stalls at 90 shopping centers operated by the Brixmor Property Group. EVgo deployed its first charger with Brixmor in 2016 at a shopping center in Pleasanton, California. When this project is completed, some 25% of Brixmor's sites will feature EVgo fast chargers. Each of the new sites will feature up to 12 high-power EVgo chargers. New locations include Florida, Illinois, Minnesota, New Jersey, Pennsylvania and Texas. "Drivers want infrastructure options that integrate seamlessly into their routines, and shopping centers are an ideal place to get groceries, grab a bite or shop while charging," said Scott Levitan, Executive VP, Growth at EVgo. "Expanding our partnership with Brixmor will [support] the growing demand for public charging in everyday, convenient locations." "At Brixmor, we're committed to ensuring our shopping centers continue to meet the evolving needs of our customers and communities," said Laura McLaughlin, VP, Specialty Leasing, Brixmor Property Group. "Expanding EV charging infrastructure across our portfolio enhances convenience, supports growing consumer demand and reinforces our focus on creating vibrant destinations." * August 4, 2026 * 3 minutes Read Mercedes boss says the auto industry went 'too far' with removing buttons. Mercedes-Benz admitted that it went a little too far with removing buttons from its interiors. The automaker's CEO says that it will bring back "sensible" buttons to its future cars. Those giant 55" screens, though? They're not going anywhere. There have been two related design trends in recent years that irked customers more than... * August 1, 2026 * 3 minutes Read BYD Ti 7 Seven-Seat Plug-in Hybrid SUV Arrives in the UK. BYD has officially confirmed UK pricing and specifications for the all-new Ti 7, introducing its first seven-seat SUV to the British market. Priced from £47,995, the new model also marks another milestone for the brand by becoming the first vehicle in the UK lineup to feature BYD's DM-p (Dual Mode Performance) plug-in hybrid powertrain...
EVgo to add Tesla V4 Superchargers across U.S. Fast charging network. Public fast charging provider EVgo is expanding its network with the introduction of Tesla V4 Superchargers, giving electric vehicle drivers more high-power charging options across major metropolitan areas in the United States. The company announced that deployment of the new chargers will begin this fall, with the first EVgo Supercharger locations expected to enter service during the second half of 2026. The move strengthens EVgo's position as one of the country's leading public charging operators while improving charging access for both Tesla owners and drivers of other EV brands. Tesla V4 Superchargers deliver up to 500kw charging. The new EVgo Superchargers will feature Tesla's latest V4 Supercharger technology, capable of delivering charging speeds of up to 500 kW at 1,000 volts. Under ideal conditions, compatible vehicles will be able to recover as much as 200 miles of driving range in approximately 15 minutes. Tesla drivers will also benefit from seamless integration with the Tesla ecosystem. EVgo Supercharger locations will appear directly within the vehicle's navigation system, allowing Tesla's Trip Planner to automatically route drivers to available stations. Magic Dock expands compatibility. Each new site will be equipped with Tesla's Magic Dock, enabling both NACS and CCS vehicles to charge without requiring drivers to carry an adapter. EVgo also plans to install longer charging cables at these locations, making it easier for vehicles with different charging port locations to connect. The improved design is intended to enhance accessibility and simplify charging for a wider variety of electric vehicles. Growing demand drives network expansion. EVgo says customer usage on its public charging network has surged by more than 700% over the past three years, reflecting the rapid growth of EV adoption across the United States. The company expects more than 35 electric vehicle models equipped with the North American Charging Standard (NACS) to be available by the end of 2026. Combined with the more than 3 million Tesla vehicles already on U.S. roads, the rollout of Tesla Superchargers is expected to significantly expand charging capacity for NACS-equipped vehicles. "EVgo is making it easier for EV drivers to find convenient fast charging, and we're bringing more infrastructure options to communities across America to serve the growing demand for public charging," said Badar Khan, CEO of EVgo. "With this deployment, we look forward to welcoming more Tesla and NACS drivers to the EVgo network." Next-Generation EVgo chargers also on the way. Alongside the deployment of Tesla V4 Superchargers, EVgo is continuing work on its own next-generation charging platform. The new charging architecture is being developed at the company's Innovation Lab in El Segundo, California, with the first installations expected before the end of the year. The upgraded platform is designed to support future charging technologies and accommodate the continued growth of the U.S. electric vehicle market. The addition of Tesla V4 Superchargers and EVgo's next-generation infrastructure highlights the company's strategy of expanding charging capacity while improving compatibility and convenience for an increasingly diverse EV fleet.
EVgo reported second quarter revenue of $82.65 million, beating analyst estimates of $79.83 million despite a 15.7% year-on-year decline. The electric vehicle charging company posted a GAAP loss of $0.15 per share, missing consensus estimates. The company lowered its full-year revenue guidance to $415 million from $440 million, coming in 3.8% below analyst expectations. Adjusted EBITDA was negative $10.57 million with a margin of -12.8%, down from -2% in the prior year quarter. Free cash flow improved significantly to $27.34 million from negative $12.19 million in the same quarter last year. The stock dropped 12.7% following the results. CEO Badar Khan highlighted 19% growth in charging network revenue and continued expansion of the company's fast-charging platform across the United States.
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Industries
Automotive & Transportation
Industrial & Manufacturing
Government & Public Sector
Energy
Company Size
201-500
Company Stage
IPO
Headquarters
Houston, Texas
Founded
2010
Find jobs on Simplify and start your career today