Articles from EVgo Inc.

EVgo Closes $1.25 Billion Guaranteed Loan Facility from U.S. Department of Energy
EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”) today announced the closing of its $1.25 billion guaranteed loan facility from the U.S. Department of Energy (“DOE”) Loan Programs Office (“LPO”) under its Title 17 Clean Energy Financing Program to support EVgo’s forthcoming efforts to build convenient, reliable public charging infrastructure for electric vehicles (EVs) with the construction of 7,500 new fast charging stalls nationwide. This buildout will bring EVgo’s total owned and operated network to at least 10,000 fast charging stalls, allowing the Company to more than triple its network footprint by 2029.
By EVgo Inc. · Via Business Wire · December 12, 2024
EVgo Announces Leadership Succession Plan
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 Board of Directors has appointed Badar Khan to succeed Cathy Zoi as Chief Executive Officer, effective on or about November 9, 2023. Zoi will retire as CEO and from the Board following an impactful career with EVgo where she oversaw a 957% increase in quarterly revenue since the Company went public in 2021. To promote a smooth transition, Zoi will serve as an advisor to the Company and work closely with Khan through the end of 2023.
By EVgo Inc. · Via Business Wire · August 2, 2023
EVgo to Report Second Quarter 2023 Results on August 2, 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 second quarter 2023 financial results on Wednesday, August 2, 2023. This release will be followed by a webcast hosted by members of the EVgo management team at 2:00 p.m. PT (5:00 p.m. ET).
By EVgo Inc. · Via Business Wire · July 25, 2023
EVgo Inc. Reports Fourth Quarter and Full Year 2022 Results
EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the fourth quarter and full year ended December 31, 2022. 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 Inc. · Via Business Wire · March 30, 2023
EVgo Inc. to Report Fourth Quarter and Full Year 2022 Results on March 30, 2023
EVgo Inc. (Nasdaq: EVGO), (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), announced today that it will report results for its fourth quarter and full year 2022 on March 30, 2023 and will host a conference call to discuss those results at 8:00 a.m. PT/11:00 a.m. ET on March 30, 2023.
By EVgo Inc. · Via Business Wire · March 13, 2023
EVgo Inc. Aligns Organization Around Growing Its 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 a reorganization to direct resources towards the Company’s highest priorities for 2023. Priorities include building out EVgo’s public network in locations meeting its robust investment criteria, building and operating major EVgo eXtend projects on highway corridors, delivering new hubs and infrastructure projects for fleets, implementing EVgo ReNew to ensure EVgo’s public network operates at the charging industry’s highest standards, and continuing to develop and deploy innovative software tools to create a world-class charging experience for drivers and partners alike.
By EVgo Inc. · Via Business Wire · February 23, 2023
EVgo and Lyft Launch New Partnership to Accelerate Rideshare Electrification Nationwide
EVgo Inc. (NASDAQ: EVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced the launch of a new EV charging discount program for rideshare drivers on the Lyft platform. This expansion of EVgo and Lyft’s collaboration demonstrates the companies’ shared commitment to achieving mass EV adoption and increases access to convenient fast charging infrastructure for rideshare drivers.
By EVgo Inc. · Via Business Wire · December 13, 2022
EVgo Inc. Reports Third Quarter 2022 Results
EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the third quarter of 2022. Management will host a conference call at 5:00 p.m. ET today to discuss EVgo’s results and other business highlights.
By EVgo Inc. · Via Business Wire · November 2, 2022
EVgo and Cadillac Join to Offer 2023 LYRIQ Customers Two Years of Unlimited Charging on EVgo Network
EVgo Inc. (NASDAQ: EVGO), the nation’s largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, and Cadillac, the first General Motors (GM) brand with plans to go all-electric, today announced a new commercial agreement to offer drivers of the 2023 Cadillac LYRIQ the option of two years of unlimited* public fast charging on EVgo’s network. Cadillac worked with EVgo to develop the special charging offer as part of its efforts to make the experience of owning an EV easier.
By EVgo Inc. · Via Business Wire · May 16, 2022
EVgo and CBL Properties Partner to Expand Public Fast Charging at Retail Locations, Bringing Convenient Charging Amenities to Shoppers
EVgo Inc. (NASDAQ: EVGO), the nation’s largest public fast charging network for electric vehicles (EVs) and only platform powered by 100% renewable electricity, and CBL Properties (NYSE:CBL) today announced a partnership to add EVgo fast charging to select retail locations, including the first EVgo station in Kansas. The partnership supports EVgo’s plans to expand its public network in response to increased demand for EV charging in new markets and the growing segment of EV drivers that rely on public charging. Visitors to the EVgo stations at CBL Properties can charge up to 80% in 15-45 minutes while they shop and run errands.
By EVgo Inc. · Via Business Wire · January 27, 2022
EVgo Announces Timing of Third Quarter 2021 Earnings Results and Conference Call
EVgo Inc. (“EVgo”), the nation’s largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced that it will release its third quarter 2021 financial results before market open on Wednesday, November 10th, 2021. This release will be followed by a conference call hosted by members of the EVgo management team at 11:00 AM Eastern Time.
By EVgo Inc. · Via Business Wire · October 27, 2021
EVgo to Participate in Roth Capital and NGO Sustainability Inc.’s Climate Tech Webinar
EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”), the nation’s largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced that Cathy Zoi, Chief Executive Officer at EVgo, will be participating in Roth Capital and NGO Sustainability Inc.’s Climate Tech webinar on October 27, 2021 from 9:30-11:30a ET. For those wishing to register to attend the webinar, the link can be found here: https://roth.zoom.us/webinar/register/1416329494079/WN_s1EAktzjSb6OgAPtYAkybw.
By EVgo Inc. · Via Business Wire · October 26, 2021
EVgo Unveils New Fleet Solutions to Support Growing EV Fleet Market
EVgo Inc. (NASDAQ: EVGO), a first mover in fleet electrification and owner and operator of the nation’s largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced the expansion of EVgo Fleet Charging Solutions with a new suite of services to support fleets as they electrify their vehicles. EVgo, which serves over 300,000 customer accounts today including rideshare, autonomous, delivery, university, and other fleet clients, has developed the EVgo Optima™ software package and the EVgold™ service guarantee to make the shift to electric seamless for fleets.
By EVgo Inc. · Via Business Wire · September 23, 2021
EVgo Celebrates 300,000 Customer Account Milestone
EVgo Inc. (NASDAQ: EVGO), the nation’s largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced its nationwide customer accounts have crossed the 300,000 mark. The milestone arrives as EVgo continues to expand its fast-charging network footprint with convenient and reliable fast charging stations where drivers shop, work, and play.
By EVgo Inc. · Via Business Wire · September 21, 2021
EVgo Launches EVgo Rewards™ Program Nationwide for EV Drivers
EVgo Inc. (NASDAQ: EVGO), the nation’s largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced the launch of EVgo Rewards™, a customer loyalty program providing EV drivers the opportunity to earn points towards free fast charging sessions when they charge at EVgo locations. The launch follows a successful pilot program with more than 4,000 customers, making EVgo the first nationwide public EV charging network to offer a rewards program for its expanding customer base.
By EVgo Inc. · Via Business Wire · September 16, 2021
EVgo to Participate in Virtual Investor Conferences in September
EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”), the nation’s largest public fast charging network for electric vehicles (“EVs”) and first powered by 100% renewable electricity, today announced that members of its executive leadership team will be presenting and meeting with investors at the following upcoming conferences:
By EVgo Inc. · Via Business Wire · September 7, 2021
EVgo-Led Connect the Watts™ Program Releases Series of Best Practices Guides for Faster Infrastructure Deployment
EVgo Inc. (NASDAQ: EVGO), the nation’s largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced the Connect the Watts™ initiative aimed at accelerating the electrification of transportation by bringing together stakeholders across the EV charging infrastructure ecosystem to work efficiently to site, build, and deploy chargers. In response to growing consumer demand and policy support for EVs, EVgo and others across the U.S. are building a vast network of public fast chargers. Critical members of the charging ecosystem include EV manufacturers, charging infrastructure owners, utilities, site hosts, government funders, local permitting authorities, and equipment providers who must all collaborate to provide drivers access to convenient and reliable EV charging across America. Today, EVgo will release the first set of Connect the Watts EV charging implementation guides to expedite fast charger deployment across the various facets of the process.
By EVgo Inc. · Via Business Wire · August 31, 2021
EVgo Announces New Nationwide Plan Options, New Loyalty Program, and Innovative Pricing Pilot in California
EVgo Inc. (NASDAQ: EVGO), the nation’s largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced new pricing plans, a new loyalty program called EVgo Rewards™, and statewide kilowatt-hour (kWh) and time-of-use (TOU) pricing pilots in California. The company is also rolling out location-based pricing for customers in San Francisco and Los Angeles.
By EVgo Inc. · Via Business Wire · August 16, 2021
EVgo Inc. Reports 2021 Second Quarter Results
EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the second quarter ended June 30, 2021. Revenue increased to $4.8 million for the second quarter of 2021, compared to $4.1 million for the first quarter of 2021. The Company is seeing increased revenue due to overall increases in EV adoption, uptake of EVgo’s products and offerings, and a customer count now exceeding 275,000, all resulting in a significant growth in network throughput.
By EVgo Inc. · Via Business Wire · August 11, 2021
EVgo and the City of Santa Monica Add New Fast Charging Infrastructure
EVgo Inc. (NASDAQ: EVGO), the nation’s largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, announced today the recent installation of eight new EVgo public fast chargers for Lot 29, located at 1654 5th Street in Santa Monica, California.
By EVgo Inc. · Via Business Wire · July 27, 2021
EVgo Named by GM as a Preferred Provider for EV Fleets
EVgo Inc., (NASDAQ: EVGO), the nation’s largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced that General Motors Company (GM) has named it a preferred provider for the company’s Ultium Charge 360 fleet service. With the announcement, EVgo will deploy comprehensive new charging and infrastructure solutions specifically for GM fleet and BrightDrop customers; in addition, these customers can receive program discounts at EVgo’s nationwide network of more than 800 public fast charging locations.
By EVgo Inc. · Via Business Wire · July 15, 2021
EVgo and Recargo Join Forces to Accelerate EV Market Growth
EVgo Inc. (Nasdaq:EVGO), the nation’s largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced that it has acquired Recargo, a leading e-mobility software company and one of the industry’s most utilized sources of driver-contributed EV industry data, for $25 million in an all-cash transaction (including $3mm loan repayment). The transaction brings together two trusted EV leaders and first movers with deep technical expertise and broad customer bases, combining EVgo’s national public fast charging infrastructure and Recargo’s leadership in EV innovation on app development, market research, data licensing, reporting, and advertising.
By EVgo Inc. · Via Business Wire · July 14, 2021