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EVGO - EVgo, Inc. ()

Overview

Company Summary


EVgo, Inc. is a company that operates and maintains a network of electric vehicle (EV) charging stations in the United States. Founded in 2010, they are one of the largest and most well-known charging network providers in the country.

EVgo focuses on building a reliable and accessible charging infrastructure to support the growing demand for electric vehicles. They partner with various stakeholders, including property owners, automakers, fleet operators, and local utilities, to install and manage EV charging stations across a wide range of locations such as shopping centers, workplaces, residential complexes, and public spaces.

Their charging network offers both level 2 and DC fast charging options for electric vehicles. Level 2 charging provides a moderate charging speed, suitable for overnight charging at home or during longer stays at destinations. On the other hand, DC fast charging provides a much faster charging option that enables drivers to quickly charge their vehicles and continue their journeys. The company has been at the forefront of deploying fast-charging stations with high-power outputs, which can significantly reduce charging times.

EVgo aims to provide convenient and reliable charging options to electric vehicle owners, alleviating range anxiety and enabling them to confidently travel longer distances. They offer various pricing plans, including pay-as-you-go, monthly subscriptions, and partnerships with vehicle manufacturers for discounted or inclusive charging options.

In addition to their network management, EVgo delivers innovative solutions to optimize charging infrastructure utilization and to provide grid services. They work closely with utilities to enable smart charging that takes advantage of off-peak hours or renewable energy availability, helping reduce charging costs and supporting the stability of the electrical grid.

Overall, EVgo plays a crucial role in developing the charging ecosystem necessary to encourage widespread adoption of electric vehicles by providing the infrastructure and services needed to support a seamless and efficient charging experience.

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