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EVgo

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EVgo, LLC.
Company typePublic
IndustryElectric vehicle infrastructure
FoundedOctober 6, 2010; 13 years ago (2010-10-06) in Los Angeles, California, U.S.[1]
Headquarters
Los Angeles, California
,
U.S.
Key people
Cathy Zoi (CEO)[2]
ProductsElectric vehicle chargers
ParentLS Power
SubsidiariesRecargo, Inc.
Websitewww.evgo.com

EVgo is an electric vehicle DC fast charging station network in the United States, with more than 850 charging locations as of August 2022.[3][4][2] The company's charge stations are located in 34 states and are compatible with all major auto manufacturers.[5][6]

History

EVgo originally started in 2010 as a clean energy push for regulatory compliance at NRG Energy. By 2016, EVgo was sold to investment group Vision Ridge Partners, and then again, in 2020, to LS Power.[7][8]

In July 2021, EVgo acquired Recargo, the California company which develops the PlugShare electric vehicle charging station locator application, for US$25 million.[9][10][11]

In June 2022, the company announced a partnership with General Motors (GM) to expand compatibility and access for GM vehicles.[12]

At the annual CES tech trade show in January 2023, EVgo announced a partnership with online retailer Amazon to allow drivers with Alexa-equipped cars to locate, schedule and pay for charging using Alexa, with a planned roll-out later in 2023.[13][14][15]

The company installed its 1000th fast DC charger on August 1, 2023, in Woodridge, Illinois.[16]

Equipment

EVgo charging stations use CCS Combo 1 and CHAdeMO connectors, and at some locations North American Charging Standard (Tesla) connectors. (Tesla drivers can also use their own CCS and CHAdeMO adapters).[17]

In 2022, EVgo launched Plug and Charge for compatible General Motors vehicles, and Autocharge+ for compatible Tesla vehicles when using a CCS adapter.[18] These protocols automatically arrange for payment when a car is plugged in.[16]

EVgo stations tend to be located at convenience stores and other retail establishments which already have parking lots, allowing drivers to make purchases while their cars are charging. It is also receiving funding to build stations near apartment buildings in California,[19] among other government accelerated-build programs. EVgo also provides chargers for a fleet of Kenworth T680E semi-tractor trailers at the Fontana, California facility of logistics company MHX.[20] Various government agencies and car manufactures have discount programs on the EVgo network, as do ridehailing companies Uber[21] and Lyft.[22]

See also

References

  1. ^ "EVgo Services LLC". September 5, 2022. Retrieved September 5, 2022 – via bloomberg.com.
  2. ^ a b "EVgo Orders 1,000 Ultra-Fast Charging From Delta Electronics". August 15, 2022. Retrieved September 5, 2022 – via insideevs.com.
  3. ^ "EVgo signs supply deal with Delta Electronics for 1,000 fast chargers coming to the new GM network". August 11, 2022. Retrieved September 5, 2022 – via electrek.co.
  4. ^ "EVgo-Inc.-Reports-Second-Quarter-2022-Results". August 9, 2022. Retrieved September 5, 2022 – via businesswire.com.
  5. ^ "Which Charging Networks Can your EV Access?". August 30, 2022. Retrieved September 5, 2022 – via jdpower.com.
  6. ^ "Charging company EVgo is going public via SPAC merger". January 22, 2021. Retrieved September 5, 2022 – via theverge.com.
  7. ^ "LS Power Acquires Electric Vehicle Fast-Charging Specialist EVgo". December 23, 2019. Retrieved September 5, 2022 – via greentechmedia.com.
  8. ^ "LS Power Acquires EVgo From Vision Ridge Partners". January 17, 2020. Retrieved September 5, 2022 – via insideevs.com.
  9. ^ Lambert, Fred (2021-07-14). "EVgo acquires company behind popular PlugShare EV charging app, we ask some questions". Electrek. Retrieved 2023-01-10.
  10. ^ Kumaresan, Shivani. "EVgo Acquires e-Mobility Software Company Recargo For $25M - EVgo (NASDAQ:EVGO)". Benzinga. Retrieved 2023-01-10.
  11. ^ "EVgo and Recargo Join Forces to Accelerate EV Market Growth | PlugShare". company.plugshare.com. Retrieved 2023-01-10.
  12. ^ "GM Announces Plug-and-Charge Partnership With EVgo". June 26, 2022. Retrieved September 5, 2022 – via newsweek.com.
  13. ^ McAuliffe, Zachary. "Amazon, EVgo Team Up to Help EV Drivers Find Charging Stations". CNET. Retrieved 2023-01-10.
  14. ^ Falkenberg-Hull, Eileen (2023-01-05). "Amazon Alexa To Allow Voice-initiated Electric Vehicle Charging". MSN. Retrieved 2023-01-10.
  15. ^ Lienert, Paul (2023-01-09). "Alexa, help! Amazon partners with EVgo to ease EV charging pain". Reuters. Retrieved 2023-01-10.
  16. ^ a b EVgo and General Motors Open 1,000th DC Fast Charging Stall as Part of Metropolitan Charging Collaboration
  17. ^ Driver FAQs
  18. ^ Fast Charge Your Tesla Model S/3/X/Y with EVgo
  19. ^ EVgo Selected by California Energy Commission for Proposed Awards of $3.6M in Grant Funding to Build More Fast Charging Infrastructure for Multi-Family Housing Residents
  20. ^ EVgo and MHX, LLC Partner to Power Class 8 Electric Truck Fleet
  21. ^ Uber and EVgo Expand Partnership to Support High-Volume Rideshare Drivers with Fast, Reliable Public Charging
  22. ^ EVgo and Lyft Launch New Partnership to Accelerate Rideshare Electrification Nationwide
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