Evgo Inc (EVGO) Sector
Industrials

(Current) $2.15
0.05 (2.38%) Open Price: 2.10

 

Evgo Inc. is a company that provides public fast-charging solutions for electric vehicles (EVs) across the United States. The company was founded in 2010 under the name NRG eVgo and was later rebranded to Evgo in 2017. Evgo is headquartered in Los Angeles, California, and operates more than 800 fast-charging stations across 67 metropolitan markets in 34 states.

 

Evgo's charging stations are located at shopping centers, office parks, apartment complexes, and other public areas, making it convenient for EV drivers to charge their vehicles while running errands or working. The company offers several different charging plans, including pay-as-you-go options and monthly membership plans that provide unlimited charging at a flat rate. Additionally, Evgo partners with automakers to provide discounted charging rates for customers who purchase certain models of EVs.

 

Evgo uses a variety of charging technologies, including both DC fast charging and level 2 charging. The company's fast-charging stations can charge an EV up to 80% in as little as 30 minutes, making it possible for drivers to quickly top up their batteries while on the go. The charging stations are compatible with most EV models, including those from Tesla, Nissan, Chevrolet, and others.

 

In addition to providing charging infrastructure, Evgo is also committed to sustainability and reducing carbon emissions. The company aims to make EV ownership accessible to all and to accelerate the transition to a cleaner, more sustainable transportation system. To this end, Evgo has implemented several initiatives to promote EV adoption, such as providing educational resources and hosting events to raise awareness about the benefits of EVs.

 

Evgo has received investment from a number of prominent companies, including General Motors, Vision Ridge Partners, and LS Power. The company has also received funding from the United States Department of Energy to support the deployment of charging infrastructure across the country. As EV adoption continues to grow, Evgo is well-positioned to play a key role in enabling drivers to access convenient, reliable, and affordable charging solutions.

 



 

(05/23/24) $2.10
(05/25/24) $2.10
(05/25/24) (Qty.)2,241,815
(05/23/24) $2.06
(05/23/24) $2.24
(05/05/24) $1.73
(05/12/24) $2.50
Stocktwits
LetsEncrypt SSL Secure Stripe Payment Processing