EVgo Inc - Class A

EVgo Inc. (Nasdaq: EVGO) is one of the largest providers of public direct current fast charging infrastructure for electric vehicles in the United States. The company owns and operates more than 1,200 fast charging stations across 47 states, strategically deployed near everyday destinations such as retailers, grocery stores, restaurants, shopping centers, and gas stations. EVgo's business model encompasses three revenue streams: its core charging network (publicly available fast chargers it owns and operates), its eXtend platform (EV charging stations built via partnerships that are serviced through and often co-branded with its national network), and its AV and ancillary segment (serving autonomous vehicle fleet customers and related services). The company partners with rideshare operators, autonomous vehicle companies, and leading automakers. EVgo maintains a dedicated Innovation Lab for interoperability testing and technical collaboration with industry partners. The company has signed an agreement with Tesla to deploy EVgo-owned V4 Superchargers integrated into Tesla's in-car navigation. EVgo finances its growth through a combination of operating revenue, a U.S. Department of Energy loan facility, commercial bank credit facilities, and OEM infrastructure agreements. Updated Aug 5, 2026