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EVgo
EVgo is US largest and most reliable fast charging public network for electric vehicles, powered 100% by renewable energy
About EVgo
EVgo is a pioneering company in the electric vehicle (EV) industry, specializing in providing fast charging solutions for EVs. Established in 2010, EVgo has grown to become the largest public fast charging network in the United States. The company operates over 800 fast charging stations across 66 markets, making it a key player in the rapidly expanding EV market.
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EVgo's primary clients include individual EV owners, commercial businesses, retail locations, and government entities. The company also serves ride-sharing, car-sharing, and autonomous vehicle fleets. By offering both public charging stations and private charging hubs, EVgo caters to a wide range of customer needs.
The market EVgo operates in is the electric vehicle charging infrastructure sector, which is experiencing significant growth as more consumers and businesses adopt electric vehicles. This market is driven by the increasing demand for sustainable transportation solutions and the need for convenient and reliable charging options.
EVgo's business model is based on owning and operating its charging stations. The company generates revenue by charging EV owners for the electricity they use at these stations. Additionally, EVgo partners with commercial and retail businesses to install charging stations at their locations, providing added convenience for customers and employees. These partnerships often include revenue-sharing agreements, further boosting EVgo's income.
In summary, EVgo is a leader in the EV fast charging industry, providing essential infrastructure to support the growing number of electric vehicles on the road. The company serves a diverse range of clients and operates in a market poised for continued growth. By owning and operating its charging stations, EVgo ensures high reliability and convenience for its users, making it a trusted name in the industry.
At a glance
- Founded
- 2010
- Headquarters
- Houston, United States
- Listing
- Public via SPAC 2020
- Sector
- Transportation
- Power Law
- Thoroughbred$100M+ revenue
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
California Energy Commission
Series B and later8 investors entered at this stage
LS Power Equity Advisors
Wellington Management- VEVan Eck
Neuberger Berman
Pacific investment Management
BlackRock
Climate Real Impact Solutions I
US Department of Energy
Source: Dealroom Talent Intelligence.
Global footprint
team presence
across markets
Market sentiment
An AI-synthesised read of the highest-engagement posts about EVgo on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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