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EVgo Receives First Drawdown from $1.25 Billion Loan Guarantee
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”) today announced it has received its first drawdown of $75 million from its $1.25 billion guaranteed loan from the U.S. Department of Energy (“DOE”) Loan Programs Office (“LPO”) under its Title 17 Clean Energy Financing Program, which reached financial close in December 2024 after a thorough 18-month process. This and subsequent drawdowns over the 5-year deployment period will support the Company’s ongoing buildout efforts to deploy nationwide charging infrastructure. EVgo has already built the first new stalls financed by the loan and will continue to prioritize installations in amenity-rich locations offering retail, dining, shopping and service options across the United States.
By EVgo · Via Business Wire · January 8, 2025
EVgo Inc. Announces Pricing of Secondary Offering of Class A Common Stock
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”) announced today the pricing of the previously announced underwritten public secondary offering by EVgo Holdings, LLC, an affiliate of LS Power Equity Partners IV, L.P. (“LS Power”), of 23,000,000 shares of Class A common stock, par value $0.0001 per share (the “Class A Shares”), of the Company, at a public offering price of $5.00 per share. LS Power has granted the underwriters a 30-day option to purchase up to an additional 3,450,000 Class A Shares at the public offering price, less the underwriting discounts and commissions. No Class A Shares are being sold by the Company. LS Power will receive all of the proceeds from this offering, and the Company will not receive any proceeds from this offering. The offering is expected to close on December 18, 2024, subject to the satisfaction of standard closing conditions.
By EVgo · Via Business Wire · December 17, 2024
EVgo Inc. Announces Secondary Offering of Class A Common Stock
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”) announced today that EVgo Holdings, LLC, an affiliate of LS Power Equity Partners IV, L.P. (“LS Power”), intends to offer for sale in an underwritten public secondary offering 23,000,000 shares of Class A common stock, par value $0.0001 per share (the “Class A Shares”) of the Company. LS Power expects to grant the underwriters a 30-day option to purchase up to an additional 3,450,000 Class A Shares at the public offering price, less the underwriting discounts and commissions. No Class A Shares are being sold by the Company. LS Power will receive all of the proceeds from the sale of Class A Shares in the offering, and the Company will not receive any proceeds from this offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
By EVgo · Via Business Wire · December 16, 2024
EVgo and GM Surpass 2,000 Public Fast Charging Stalls in the U.S.
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest providers of public fast charging infrastructure for electric vehicles (EVs), and General Motors (GM) have surpassed 2,000 public fast charging stalls opened through their ongoing metropolitan charging collaboration. To date, EVgo and GM have built fast charging stalls in more than 390 locations in 45 metropolitan markets across 32 states as part of a longstanding collaboration to broaden access to public charging in amenity-rich locations, such as grocery stores, retail centers and city centers, while also serving customers who are unable to charge at home or work, such as renters and those living in multifamily dwellings.
By EVgo · Via Business Wire · December 4, 2024
EVgo and Meijer Expand Partnership to Install up to 480 New Fast Charging Stalls at Meijer Locations Across Midwest
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced an expansion to its longstanding partnership with Meijer, a Midwest grocery retailer, to bring more public fast charging infrastructure to Meijer store locations throughout its six-state footprint. As part of this expanded relationship, EVgo plans to deploy up to 480 new public fast charging stalls at Meijer properties across Michigan, Illinois, Wisconsin, Indiana, Ohio, and Kentucky.
By EVgo · Via Business Wire · November 19, 2024
EVgo Inc. Reports Record Third Quarter 2024 Results
EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the third quarter ended September 30, 2024. Management will host a conference call today at 8 a.m. ET / 5 a.m. PT to discuss EVgo’s results and other business highlights.
By EVgo · Via Business Wire · November 12, 2024
EVgo to Report Third Quarter 2024 Results on November 12, 2024
EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that it will release its third quarter 2024 financial results on Tuesday, November 12, 2024. This release will be followed by a webcast hosted by members of the EVgo management team at 8 a.m. ET (5 a.m. PT).
By EVgo · Via Business Wire · October 24, 2024
EVgo and Delta Electronics Sign MOU to Co-Develop Next-Generation Charging Architecture
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation's largest public fast charging networks for electric vehicles (EVs), announced today that it has entered into a new memorandum of understanding (MOU) with longtime technology partner, Delta Electronics, Inc. (“Delta”), a global leader in power management and a provider of IoT-based smart green solutions, to jointly develop next-generation EV charging architecture. This new charging architecture is designed to provide EVgo with more control over the full customer experience while bolstering reliability and delivering increased cost savings and enhanced energy efficiency.
By EVgo · Via Business Wire · October 10, 2024
EVgo Receives Conditional Commitment for DOE Loan Guarantee of up to $1.05 Billion to Accelerate Buildout of Public Fast Charging Across the U.S.
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), announced today that it has received a conditional commitment for a loan guarantee of up to $1.05 billion of debt financing, from the U.S. Department of Energy (“DOE”) Loan Programs Office (“LPO”) under its Title 17 program to accelerate expansion of its fast charging network in community locations across the U.S.
By EVgo · Via Business Wire · October 3, 2024
EVgo Appoints Paul Dobson Chief Financial Officer
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced the appointment of Paul Dobson as Chief Financial Officer (CFO), effective October 1, 2024.
By EVgo · Via Business Wire · September 19, 2024
EVgo and GM Take Charging to the Next Level with New Flagship Destinations Set to Optimize the Charging Experience
After years of collaborating to increase public charging access, EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks, and General Motors (“GM”) today announced that they are expanding upon their work together and taking charging to the next level by deploying 400 fast charging stalls at flagship destinations in major metropolitan areas across the U.S.
By EVgo · Via Business Wire · September 12, 2024
EVgo CEO to Host Public Virtual Town Hall on October 2 at 8:30AM ET
EVgo Inc., (Nasdaq: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that Badar Khan, EVgo’s Chief Executive Officer, will be hosting a public virtual town hall on Wednesday, October 2, 2024 at 8:30AM ET. Mr. Khan will answer questions from current and prospective EVgo shareholders about the business, the future of the EV industry, the Company’s strategy for shareholder value generation, and any other topics. The town hall will be available at https://investors.evgo.com/overview/default.aspx.
By EVgo · Via Business Wire · September 9, 2024
EVgo Announces Major Network Enhancements Across Nationwide Fast Charging Network
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced several significant network enhancements through EVgo ReNew™, the Company’s comprehensive program created to elevate the customer experience. In addition to network advances, EVgo has debuted the Canary Model™, a powerful performance monitoring tool designed to automatically identify and analyze patterns and support diagnostics, augmenting EVgo’s maintenance responses with data from actual charging sessions. Together, these updates are designed to strengthen EVgo’s position as the EV charging provider of choice amid a shifting competitive landscape.
By EVgo · Via Business Wire · August 14, 2024
EVgo Inc. Reports Record Second Quarter 2024 Results
EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the second quarter ended June 30, 2024. Management will host a conference call today at 11 am ET / 8 am PT to discuss EVgo’s results and other business highlights.
By EVgo · Via Business Wire · August 1, 2024
EVgo Expands Leadership Team with Seasoned Industry Talent
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced it has expanded its leadership team with a strong bench of experienced talent from Tesla and General Motors. Former Tesla charging team leaders Martin Sukup and Jeff Inhofer joined EVgo earlier this month, with Sukup taking on the role of Executive Vice President of Engineering and Inhofer serving as the Vice President of Electric Vehicle Supply Equipment (EVSE) Engineering. Effective August 12, 2024, General Motors veteran Alex Keros will join EVgo as Senior Vice President of Product.
By EVgo · Via Business Wire · July 25, 2024
EVgo to Report Second Quarter 2024 Results on August 1, 2024
EVgo Inc. (Nasdaq: EVGO), (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that it will release its second quarter 2024 financial results on Thursday, August 1, 2024. This release will be followed by a webcast hosted by members of the EVgo management team at 8 a.m. PT (11 a.m. ET).
By EVgo · Via Business Wire · July 24, 2024
EVgo and Regency Centers Open Newest Fast Charging Station in Longstanding Partnership, Expanding Footprint to More Than 120 Stalls Across U.S.
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), and Regency Centers Corporation NASDAQ: REGNASDAQREG)
By EVgo · Via Business Wire · June 26, 2024
EVgo Names Keith Hutchison as Company’s First Chief People Officer
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced the appointment of Keith Hutchison as Chief People Officer (CPO). Hutchison brings over two decades of experience working in human resources (HR) within the energy and EV sectors, and as EVgo’s first CPO, he will be responsible for the oversight of the Company’s entire employee lifecycle, from attraction and recruitment to development, retention and reward. In light of recent major shakeups in the EV charging industry’s competitive landscape, vast numbers of specialized talent have entered the hiring market, and as CPO, Hutchison will help to position EVgo as an employer of choice for these candidates while fostering a work environment where everyone feels valued and respected.
By EVgo · Via Business Wire · June 20, 2024
EVgo Recognizes Massive Rideshare Growth as Commercial Throughput More Than Tripled Year over Year in Q1
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), experienced tremendous growth in rideshare across its nationwide network, with commercial throughput more than tripling from the first quarter of 2023 to the first quarter of 2024.
By EVgo · Via Business Wire · June 13, 2024
EVgo Celebrates More Than 1 Million Customer Accounts Across the U.S. as EV Adoption Continues to Grow
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that the Company reached more than one million registered customer accounts nationwide. EVgo customer accounts have skyrocketed—increasing by 400% since April 2020.
By EVgo · Via Business Wire · May 21, 2024
EVgo Doubles Down on Commitment to Begin NACS Deployments in 2024
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that the Company will begin to deploy North American Charging Standard (NACS) connectors – currently in the process of being standardized as SAE J3400 – on its fast charging network later this year.
By EVgo · Via Business Wire · May 14, 2024
EVgo Inc. Reports Record First Quarter 2024 Results
EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the first quarter ended March 31, 2024. Management will host a conference call today at 11:00 a.m. ET / 8:00 a.m. PT to discuss EVgo’s results and other business highlights.
By EVgo · Via Business Wire · May 7, 2024
EVgo Expansion in Los Angeles Recognized with 1st Place Leadership Award by Largest Municipal Utility in the Nation
EVgo Inc. (NASDAQEVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that the company was recognized with a first place Leadership Award for Level 3 Electric Vehicle Charging – also known as DC fast charging – by the Los Angeles Department of Water & Power (LADWP). EVgo was honored as part of LADWP’s “Electrification of Transportation” category for its success deploying DC fast charging infrastructure in the Los Angeles metro area, expanding access to public charging in support of the state’s nation-leading climate goals.
By EVgo · Via Business Wire · May 1, 2024
EVgo to Report First Quarter 2024 Results on May 7, 2024
EVgo Inc. (Nasdaq: EVGO), (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that it will release its first quarter 2024 financial results on Tuesday, May 7, 2024. This release will be followed by a webcast hosted by members of the EVgo management team at 8 a.m. PT (11 a.m. ET).
By EVgo · Via Business Wire · April 24, 2024
EVgo Expands Autocharge+ to More Than 50 Electric Vehicle Models
EVgo Inc. (NASDAQEVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that more than 50 EV models are eligible for its seamless Autocharge+ feature. Once enrolled, Autocharge+ showcases a best-in-class customer experience for EV drivers by eliminating the need to open an app, swipe a credit card, or tap an EVgo program (RFID) card to initiate a fast charging session on the EVgo network.
By EVgo · Via Business Wire · April 9, 2024
EVgo Welcomes Scott Griffith to Board of Directors
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced Scott Griffith has joined the EVgo Board of Directors (the “Board”), serving on the Nominating and Governance Committee, as well as the Audit Committee and Compensation Committee.
By EVgo · Via Business Wire · April 3, 2024
EVgo to Host Financial Modeling Webinar on April 4, 2024
EVgo Inc. (Nasdaq: EVGO), (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (“EVs”), today announced that its Chief Executive Officer, Badar Khan, and Chief Financial Officer, Olga Shevorenkova, will host a financial modeling webinar on Thursday, April 4, 2024.
By EVgo · Via Business Wire · April 1, 2024
EVgo Opens First Public Fast Charging Site with Innovative Prefabrication Approach
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced the opening of its first fast charging station deployed using the Company’s new prefabrication approach. Located at the Bay Colony Town Center in League City, TX, this EVgo station is the first of several slated to open this year leveraging prefabrication, which is expected to reduce station construction costs by an average of 15% at eligible sites.
By EVgo · Via Business Wire · March 21, 2024
EVgo Inc. Reports Fourth Quarter and Full Year 2023 Results
EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the fourth quarter and full year ended December 31, 2023. Management will host a conference call today at 11:00 a.m. ET / 8:00 a.m. PT to discuss EVgo’s results and other business highlights.
By EVgo · Via Business Wire · March 6, 2024
EVgo to Report Fourth Quarter and Full Year 2023 Results on March 6, 2024
EVgo Inc. (Nasdaq: EVGO), (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that it will release its fourth quarter and full year 2023 financial results on Wednesday, March 6, 2024. This release will be followed by a webcast hosted by members of the EVgo management team at 8:00 a.m. PT (11:00 a.m. ET).
By EVgo · Via Business Wire · February 21, 2024
EVgo Announces Awardees of Second Annual National EV Charging Recognition Program, presented by Connect the Watts™
EVgo Inc. (NASDAQEVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced the awardees of its second annual National EV Charging Recognition Program, presented by Connect the Watts™. Launched in 2022, the program celebrates leaders in deployment excellence, recognizing EV Charging Heroes from all areas of the EV charging ecosystem based on an evaluation of their commitment to fast charger deployment via innovative actions, partnerships, and proven results.
By EVgo · Via Business Wire · January 31, 2024
EVgo Announces Certain Preliminary Financial and Operating Results, Anticipates Meeting or Exceeding 2023 Financial and Operating Guidance and Focuses on Building, Owning and Operating a Best-in-Class Public Charging Network
EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced certain preliminary financial and operating results for fiscal year 2023. The Company announced preliminary 2023 throughput of approximately 130 gigawatt-hours (“GWh”). Utilization on the EVgo network in December 2023 was over 19% up from 15% in September 2023. EVgo ended 2023 with over 3,500 stalls in operation or under construction, including EVgo eXtend™ stalls.
By EVgo · Via Business Wire · January 17, 2024
EVgo and Toyota Extend Agreement to Provide One Year of Complimentary Fast Charging to 2024 bZ4X Customers
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced an extension of its agreement with Toyota Motor North America, Inc. (Toyota) to provide drivers who purchase or lease a new 2024 bZ4x with one year of complimentary fast charging on EVgo’s nationwide network.
By EVgo · Via Business Wire · January 10, 2024
EVgo and Meijer Expand Fast Charging Partnership through EVgo eXtend
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced it will install new fast charging stations in the Midwest in an expanded partnership with Meijer, a regional grocery retailer. The new EVgo stations will be built in Ohio and feature up to six stalls at select Meijer locations, equipped with high-power 350kW chargers so that EV drivers can quickly charge and get back on the road.
By EVgo · Via Business Wire · November 29, 2023
Hertz and EVgo Partner to Offer EV Renters One Year of Special Charging Rates
Hertz (NASDAQHTZ) and EVgo Inc. NASDAQ: EVGONASDAQEVGO)
By EVgo · Via Business Wire · November 17, 2023
EVgo Inc. Reports Third Quarter 2023 Results
EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the third quarter ended September 30, 2023. Management will host a conference call today at 11:00 a.m. ET / 8:00 a.m. PT to discuss EVgo’s results and other business highlights.
By EVgo · Via Business Wire · November 8, 2023
EVgo’s Prefabricated Charging Infrastructure Deployment Model Expected to Cut Installation Timelines by 50% on Average
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced it is using an innovative prefabrication approach to new station installation that is anticipated to cut average station installation time in half and save an average of 15% in station construction costs at eligible sites. With a scalable design that starts at six fast charging stalls—supporting EVgo’s focus on expanding stall counts to bolster resiliency—the prefabrication model further standardizes EVgo’s construction process and station layout by utilizing a modular skid.
By EVgo · Via Business Wire · November 1, 2023
EVgo to Report Third Quarter 2023 Results on November 8, 2023
EVgo Inc. (Nasdaq: EVGO), (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that it will release its third quarter 2023 financial results on Wednesday, November 8, 2023. This release will be followed by a webcast hosted by members of the EVgo management team at 8:00 a.m. PT (11:00 a.m. ET).
By EVgo · Via Business Wire · October 18, 2023
From Coast to Coast, EVgo and eXtend Partners Receive More Than $12.7M in Funding to Expand Fast Charging Infrastructure
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced it has been selected for more than $12.7 million in preliminary awards from a variety of funding sources across California, Colorado, and Pennsylvania, including utilities, air districts, state energy offices, and state departments of transportation via the National Electric Vehicle Infrastructure (NEVI) formula program during the third quarter of 2023. In total, these new awards will support the buildout of more than 150 fast charging stalls.
By EVgo · Via Business Wire · October 12, 2023
EVgo and Honda Partner to Provide EV Drivers with Direct Access to Public Fast Charging
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced a new collaboration with American Honda Motor Co., Inc. that is designed to provide a range of new benefits for Honda and Acura EV drivers, including charging credit, technology integration into the HondaLink and Acura EV apps, and access to EVgo’s nationwide network and its roaming partners. Drivers of qualifying Honda and Acura EV models will be eligible to receive up to $750* in charging credit to use at EVgo chargers around the country.
By EVgo · Via Business Wire · September 28, 2023
EVgo Advances Network Enhancements through EVgo ReNew™ Program, Releases Best Practices to Promote Greater Industry-wide Charger Reliability
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced significant progress in network enhancements made through EVgo ReNew™, its comprehensive maintenance program focused on bolstering reliability and elevating the customer experience. The ReNew program consists of six pillars that outline the Company’s approach to reliability: Resilience, Prevention, Diagnostics, Rapid Response, Analysis, and Continuous Customer Service.
By EVgo · Via Business Wire · September 26, 2023
EVgo Receives First Shipment of Build America, Buy America 350kW High-Power Fast Chargers from Delta Electronics
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that it received the first-ever shipment of 350kW fast chargers from Delta Electronics that are manufactured according to Build America, Buy America Act (BABA) standards. Delivered from Delta Electronics’ recently opened factory in Plano, Texas, this first shipment marks a milestone in developing the robust domestic supply chain needed to support the rapid growth in EV adoption across the U.S. and unlock funding through the National Electric Vehicle Infrastructure (NEVI) Formula Program. Delta has delivered 10 chargers to date, and EVgo expects to receive additional 350kW BABA-compliant chargers from Delta Electronics later this year.
By EVgo · Via Business Wire · September 11, 2023
EVgo and Amazon Launch Seamless EV Charger Navigation Experience with Alexa
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced the debut of an Alexa-enabled EV charging experience with Amazon. Drivers with Alexa-enabled vehicles as well as automotive accessories like Echo Auto can now ask Alexa to help them find and navigate to nearby EV charging stations. This announcement follows the company’s previous news of supporting Amazon’s voice-initiated EV driver experience during CES 2023, building on EVgo’s commitment to delivering a best-in-class customer experience.
By EVgo · Via Business Wire · August 31, 2023
EVgo Adds Rivian to Autocharge+, Welcoming the R1S and R1T to the Growing List of Eligible Models
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that Rivian Automotive’s R1T and R1S models have joined the list of compatible EVs for Autocharge+, which allows EV drivers to seamlessly initiate a charging session by simply plugging in their vehicle to an EVgo fast charger. With the addition of Rivian, there are now 30 eligible vehicle models that can be enrolled in Autocharge+, enabling more drivers to take advantage of a truly streamlined fast charging experience.
By EVgo · Via Business Wire · August 15, 2023
EVgo and Audible Launch Two-Month Free Trial of Audible Premium Plus for EV Drivers
EVgo Inc. (NASDAQEVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced the launch of a new collaboration with Audible, the leading creator and provider of premium audio storytelling. The companies are offering a joint promotion for a 2-month free trial of Audible Premium Plus to EVgo customers and users of PlugShare, the world’s leading EV community and a part of the EVgo Inc. family. With this limited-time offer, customers receive Audible Premium Plus, a premium subscription plan offering unlimited access to thousands of select audiobooks and podcasts in the Audible catalog.*
By EVgo · Via Business Wire · August 8, 2023
EVgo Inc. Reports Record Second Quarter 2023 Results
EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the second quarter ended June 30, 2023. Management will host a conference call today at 5:00 p.m. ET / 2:00 p.m. PT to discuss EVgo’s results and other business highlights.
By EVgo · Via Business Wire · August 2, 2023
EVgo and General Motors Open 1,000th DC Fast Charging Stall as Part of Metropolitan Charging Collaboration
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), and General Motors (GM) have surpassed 1,000 fast charging stalls as part of their longstanding collaboration to expand fast charging infrastructure. First announced in 2020 and expanded upon in 2021, the collaboration will lead to the development and installation of 3,250 DC fast charging stalls in major metro markets.
By EVgo · Via Business Wire · August 1, 2023
EVgo Introduces “Charge Talk” Video Series to Answer Current and Future EV Drivers’ Biggest Questions on EV Charging
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), announced the launch of “Charge Talk,” a new video series dedicated to educating current and prospective EV drivers on the latest hot topics and frequently asked questions related to EV charging. The first three episodes are available online, with new episodes from the first installment of the series to be released each month. The most recent installment features a discussion on CCS and the North American Charging Standard (NACS) connectors and what EV drivers may expect to see in the future as charging networks like EVgo evolve to meet consumer needs.
By EVgo · Via Business Wire · July 27, 2023
EVgo and Partners Selected by Ohio Department of Transportation for Proposed Awards of $13.8M in NEVI Funding for 20 Fast Charging Stations Along Interstate Corridors
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that the company and its eXtend partners were selected by DriveOhio, a division of the Ohio Department of Transportation, for proposed awards of $13.8M in funding to deploy 20 fast charging stations. Fourteen of the 20 locations are owned by EVgo eXtend partner Pilot Company, and all EVgo and EVgo eXtend stations deployed through these awards will feature 350kW high-power fast charging. Of the more than $18M awarded by DriveOhio in its first tranche of National Electric Vehicle Infrastructure (NEVI) program funds to be released, EVgo and its eXtend partners received more than 75%.
By EVgo · Via Business Wire · July 17, 2023
EVgo Crosses $10M Milestone in Utility Incentive Funding Awarded Since 2022
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced the commissioning of a new station in Carteret, New Jersey that is the latest EVgo site to leverage funding from a utility EV charging incentive program. Utility charging incentive programs, often referred to as “Make-Ready,” are designed to support the development of electric vehicle charging infrastructure by reducing the upfront costs of site construction associated with “making a site ready” to install EV charging stations.
By EVgo · Via Business Wire · June 29, 2023
EVgo Announces Plans to Expand NACS Deployments
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that the company will be adding North American Charging Standard (NACS) connectors to its fast charging network across the country following the recent announcements by Ford and General Motors (GM) that they will be leveraging NACS starting some time in 2025.
By EVgo · Via Business Wire · June 12, 2023
PlugShare Achieves Milestone of More Than 6.5 Million Check-Ins as Global EV Adoption Grows
PlugShare, the world’s leading electric vehicle (EV) community and a part of the EVgo Inc. (NASDAQEVGO) family since mid-2021, celebrates the platform exceeding 6.5 million user check-ins. The PlugShare user base also grew more than 40% in the last year, adding 1 million new users to reach over 3.5 million registered users around the globe. This rapidly growing community of EV drivers provides up-to-date, helpful information on over 750,000 charging stations listed on the platform.
By EVgo · Via Business Wire · June 1, 2023
EVgo Announces Addition of Two New Board Members, Paul Segal and Jonathan Seelig
EVgo Inc. (NASDAQEVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced the election of Paul Segal and Jonathan Seelig as Class II directors at the Company’s 2023 annual meeting of stockholders. Both directors’ terms expire at the 2026 annual meeting of stockholders.
By EVgo · Via Business Wire · May 22, 2023
EVgo Inc. Announces Pricing of Offering of Class A Common Stock
EVgo Inc. (Nasdaq: EVGO; “EVgo” or the “Company”) announced today the pricing of an underwritten public offering of 29,411,765 shares of its Class A common stock, par value $0.0001 per share (the “Class A common stock”), at $4.25 per share. The net proceeds to the Company from the offering, after deducting underwriting discounts and commissions but before other offering expenses, are expected to be approximately $121 million. EVgo has granted the underwriters a 30-day option to purchase up to an additional 4,411,764 shares of Class A common stock. EVgo intends to use the net proceeds of this offering for general corporate purposes.
By EVgo · Via Business Wire · May 17, 2023
EVgo Inc. Announces Offering of Class A Common Stock
EVgo Inc. (NYSEEVGO) (“EVgo” or the “Company”) announced today the commencement of an underwritten public offering of $125,000,000 of shares of its Class A common stock, par value $0.0001 per share (the “Class A common stock”). All of the shares of Class A common stock to be sold in the offering will be offered by the Company. The Company expects to grant the underwriters a 30-day option to purchase up to an additional $18,750,000 of shares of Class A common stock at the public offering price, less the underwriting discounts and commissions. The Company intends to use the net proceeds of the offering for general corporate purposes. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
By EVgo · Via Business Wire · May 16, 2023
EVgo Inc. Reports First Quarter 2023 Results
EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the first quarter ended March 31, 2023. Management will host a conference call today at 11:00 a.m. ET / 8:00 a.m. PT to discuss EVgo’s results and other business highlights.
By EVgo · Via Business Wire · May 9, 2023
EVgo to Report First Quarter 2023 Results on May 9, 2023
EVgo Inc. (Nasdaq: EVGO), (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that it will release its first quarter 2023 financial results on Tuesday, May 9, 2023. This release will be followed by a webcast hosted by members of the EVgo management team at 8:00 a.m. PT (11:00 a.m. ET).
By EVgo · Via Business Wire · May 2, 2023
EVgo Selected by California Energy Commission for Proposed Awards of $6.6 Million to Deploy More Than 100 New DC Fast Charging Stalls Across 17 Locations
EVgo Inc. (NASDAQEVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced it has been selected for proposed awards of $6.6 million from the California Energy Commission’s (CEC) California Electric Vehicle Infrastructure Project (CALeVIP) 2.0 program. The funding is designed to aid the deployment of fast charging infrastructure in the central and eastern regions of California through the Golden State Priority Project (GSPP), which provides rebates for the installation of DC fast chargers capable of at least 150kW, focusing exclusively on disadvantaged community or low-income community census tracts. With the rebate, EVgo will be deploying high-power 350kW chargers at each of the locations supported through this program as part of the company’s ongoing commitment to delivering a best-in-class charging experience.
By EVgo · Via Business Wire · April 4, 2023
EVgo and Warner Bros. Pictures Bring the Power of Shazam! Fury of the Gods to EV Drivers with New Promotional Offer
EVgo Inc. (NASDAQEVGO) (EVgo), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced its latest collaboration in partnership with Warner Bros. Pictures, in conjunction with the release of Shazam! Fury of the Gods, available only in theaters beginning March 17. Shazam! Fury of the Gods decals will be featured on select EVgo stations nationwide and, for a limited time, active EVgo account holders who share a selfie on social media from any of the specially branded stations will receive 250 bonus EVgo Rewards points.*
By EVgo · Via Business Wire · March 14, 2023
EVgo Advantage™ Expands to 22 Locations Providing Instant Offers and Promotions for EV Drivers
EVgo Inc. (NASDAQEVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that EVgo Advantage™ is now available at select Cumberland Farms and Wawa locations in Massachusetts, Connecticut, New York, Pennsylvania, Maryland, Virginia and Florida. As a proprietary coupon technology, EVgo Advantage sends EV drivers instant communications and in-store promotions to use while charging,* delivering more value to customers who shop and charge.
By EVgo · Via Business Wire · February 15, 2023
EVgo Announces Awardees of First Annual National EV Charging Recognition Program, Presented by Connect the Watts™
EVgo Inc. (NASDAQEVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced the awardees of its first annual National EV Charging Recognition Program, presented by Connect the Watts™. This recognition program recognizes ‘EV Charging Heroes’ across different sectors within the EV charging ecosystem based on an evaluation of their commitment to, and results in, achieving widespread public EV fast charger deployment. The leaders being recognized as EV Charging Heroes will be celebrated at a virtual event for the Connect the Watts™ community on Thursday, January 19 at 11 a.m. PT.
By EVgo · Via Business Wire · January 19, 2023
EVgo Launches “EVgo ReNew™” to Enhance and Improve Fast Charging Experience Nationwide
EVgo Inc. (NASDAQEVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced EVgo ReNew™, an enhanced and comprehensive maintenance program designed to ensure stations across EVgo’s charging network meet its quality and technology standards. Through the program, EVgo plans to replace, upgrade, or in some cases retire, hundreds of stations over the coming year with the goals of enhancing charger availability and building range confidence for EV drivers of all types.
By EVgo · Via Business Wire · January 12, 2023
EVgo and Amazon Partner to Enable EV Drivers to Locate and Pay for Charging with Alexa
EVgo Inc. (NASDAQEVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced a partnership with Amazon to support an Alexa-enabled EV charging experience. This collaboration will allow drivers to ask Alexa to help them find and navigate to nearby EV charging stations, as well as initiate and pay for charging sessions at EVgo stations seamlessly. The companies plan to roll out the in-vehicle functionality to Alexa-enabled vehicles as well as automotive accessories like Echo Auto later this year.
By EVgo · Via Business Wire · January 5, 2023
EVgo Opens New Fast Charging Station in East Bay to Support Local EV Adoption
EVgo Inc. (NASDAQEVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), announced the opening of a new EVgo public fast charging station at Marina Square Shopping Center in San Leandro, California. Located at 1201 Marina Boulevard, the charging station serves up to four vehicles simultaneously through 100kW and 350kW chargers. The new EVgo charging station was unveiled during a ribbon cutting ceremony Monday, November 21 at 2 p.m. PT and featured a lineup of local speakers from the private and public sectors coming together to celebrate the expansion of fast charging access in the area.
By EVgo · Via Business Wire · November 22, 2022
EVgo and Subaru Announce $400 Charging Credit for 2023 Solterra Customers
EVgo Inc. (NASDAQEVGO) (EVgo), one of the nation’s largest public fast charging networks for electric vehicles (EVs), announced a commercial agreement with Subaru of America, Inc. to provide drivers of the 2023 Solterra EV SUV with the option to receive a $400 charging credit on the EVgo public fast charging network. This announcement follows the company’s previous news of becoming Subaru’s preferred EV charging partner in the beginning of 2022.
By EVgo · Via Business Wire · November 18, 2022
Brookdale ShopRite and EVgo Unveil New Fast Charging Station
The newly renovated Brookdale ShopRite today hosted a ribbon cutting ceremony to debut an EVgo Inc. (NASDAQEVGO) (EVgo) electric vehicle (EV) fast charging station at its 1409 Broad Street parking lot in Bloomfield, NJ.
By EVgo · Via Business Wire · November 14, 2022
EVgo Announces New Promotional Offer for Tesla Drivers, Enables Seamless Charging Experience with EVgo Autocharge+
EVgo Inc. (NASDAQEVGO) (EVgo), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today unveiled a new promotional charging plan exclusively for Tesla Model S, 3, X and Y drivers and announced that Autocharge+ is available for Tesla drivers with the CCS Combo 1 Adapter at nearly all EVgo DC fast charging locations.
By EVgo · Via Business Wire · November 11, 2022
EVgo and MHX, LLC Partner to Power Class 8 Electric Truck Fleet
EVgo Inc. (NASDAQEVGO) (EVgo), a leader in fleet electrification and owner and operator of the nation’s largest public fast charging network for electric vehicles (EVs), today announced a partnership with MHX, LLC, a full-service logistics operator in California, providing a unique transload and transportation service which partners in moving product via truck, rail, or ocean vessel, to support MHX’s first-ever fleet electrification project. The collaboration will begin with the deployment of EVgo fast charging infrastructure at MHX’s location in Fontana, California, which will be backed by 24/7 customer support as well as innovative fleet charging and management capabilities through EVgo Optima™ and EVgold™ solutions. The project will feature high-power 350kW fast chargers, capable of serving six vehicles simultaneously.
By EVgo · Via Business Wire · October 27, 2022
EVgo Celebrates 500,000 Customer Account Milestone by Partnering with One Tree Planted
EVgo Inc. (NASDAQEVGO), the nation’s largest public fast charging network for electric vehicles (EVs), today announced that more than 500,000 customer accounts have been created on its platform, a significant milestone for the rapidly growing EV community in the United States. Consistent with the company’s values, EVgo is celebrating this milestone with a donation to One Tree Planted to fund urban reforestation projects across the U.S. EVgo’s contribution to The Fund for Urban Forestry will benefit 27 planting projects across 24 cities, supporting the health and livelihood of millions of Americans.
By EVgo · Via Business Wire · October 26, 2022
EVgo Hires Consumer Technology Executive Tanvi Chaturvedi as Chief Revenue Officer
EVgo Inc. (NASDAQEVGO), the nation’s largest public fast charging network for electric vehicles (EVs), today announced the hiring of Tanvi Chaturvedi as Chief Revenue Officer (CRO). Chaturvedi is a seasoned technology executive, and as EVgo’s CRO, she will focus on the customer experience and the ecosystem of services to make EVgo the preferred charging network for EV drivers across America. Chaturvedi will manage EVgo’s go-to-market functions, including all consumer revenue growth initiatives, marketing, advertising, and expansion and use of the PlugShare app.
By EVgo · Via Business Wire · October 20, 2022
EVgo to Report Third Quarter 2022 Financial Results on November 2, 2022
EVgo Inc. (“EVgo”), the nation’s largest public fast charging network for electric vehicles (EVs), today announced that it will release its third quarter 2022 financial results after market close on Wednesday, November 2, 2022. This release will be followed by a conference call hosted by members of the EVgo management team at 5:00 PM Eastern Time.
By EVgo · Via Business Wire · October 18, 2022
Oakland Expands Electric Vehicle Charging Access
The City of Oakland today celebrated the opening of an EVgo Inc. (NASDAQEVGO) fast charging station at 519 Lake Park Avenue in Oakland, CA. Located near Lake Merritt, the public electric vehicle charging station features six 200kW fast chargers, capable of charging a vehicle up to 80% in 15-45 minutes, depending on the capability of the vehicle.
By EVgo · Via Business Wire · October 12, 2022
EVgo and Warner Bros. Pictures Join Forces to Invite EV Drivers to See the Electrifying Power of BLACK ADAM
EVgo Inc. (NASDAQEVGO) (EVgo), the nation’s largest public fast charging network for electric vehicles (EVs), today announced that they’re teaming up with Warner Bros. Pictures ahead of the highly anticipated theatrical release of the feature film BLACK ADAM, only in theatres beginning October 21. In partnership with BLACK ADAM, EVgo account holders will be eligible for a $5 Fandango Promotional Code* after completing a qualifying charging session** at an EVgo station. This limited time offer is exclusive to EVgo customers and available while supplies last.
By EVgo · Via Business Wire · October 11, 2022
WinCo Foods Partners with EVgo to Open First EVgo Fast Charging Station at North Las Vegas Store
EVgo Inc. (NASDAQEVGO), the nation’s largest public fast charging network for electric vehicles (EVs), and WinCo Foods, a family of 138 employee-owned grocery stores, today announced the opening of the first EVgo public fast charging station for the grocery store chain in the State of Nevada. The new charging station, located at 6101 N Decatur Blvd, Las Vegas, NV, features 350kW and 100kW fast chargers, serving four stalls in total. This announcement builds on EVgo’s commitment to installing charging infrastructure in convenient locations for drivers.
By EVgo · Via Business Wire · September 22, 2022
EVgo’s Autocharge+ Sets New Bar for Streamlined EV Charging Experience Across Nationwide Public Network
EVgo Inc. (NASDAQEVGO) (EVgo), the nation’s largest public fast charging network for electric vehicles (EVs), today announced the launch of Autocharge+, setting a new standard for EV convenience by enabling streamlined charging for EV drivers across the country. With Autocharge+, which is available at all EVgo DC fast charging locations, drivers with compatible EVs are able to start a charging session in seconds by simply plugging in – eliminating the need to swipe a credit card, tap an EVgo Program Card (RFID), or open an app to initiate a session.
By EVgo · Via Business Wire · September 21, 2022