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EVgo Inc. has appointed Tanvi Chaturvedi as its new Chief Revenue Officer, aiming to enhance the charging experience for electric vehicle users. With a strong background in technology and consumer products, including leadership roles at Google and Procter & Gamble, Chaturvedi will oversee revenue growth, marketing, and the expansion of services like the PlugShare app. Under her leadership, EVgo aims to increase its market presence and drive customer-first initiatives, leading to an improved user experience across its extensive fast-charging network.
Positive
Tanvi Chaturvedi's experience in scaling consumer technology products may drive revenue growth.
Focus on customer-centric services is expected to enhance user experience.
Chaturvedi’s background in high-growth environments aligns with EVgo's expansion goals.
Negative
Potential risk of a learning curve as a new executive could affect immediate strategies.
Chaturvedi's previous company experience may not fully translate to the electric vehicle charging sector.
Addition to management team aims to turbocharge EVgo’s retail revenues by transforming the fast-charging user experience
LOS ANGELES--(BUSINESS WIRE)--
EVgo Inc. (NASDAQ: EVGO), the nation’s largest public fast charging network for electric vehicles (EVs), today announced the hiring of Tanvi Chaturvedi as Chief Revenue Officer (CRO). Chaturvedi is a seasoned technology executive, and as EVgo’s CRO, she will focus on the customer experience and the ecosystem of services to make EVgo the preferred charging network for EV drivers across America. Chaturvedi will manage EVgo’s go-to-market functions, including all consumer revenue growth initiatives, marketing, advertising, and expansion and use of the PlugShare app.
Tanvi Chaturvedi, CRO at EVgo. (Photo: Business Wire)
Prior to joining EVgo, Chaturvedi held numerous leadership positions at Google – most recently serving as the Head of Growth for GoogleNest, where she was responsible for delivering growth and monetization of the smart-home consumer hardware, clean energy, and security services business. Previously, she also held leadership positions at Procter & Gamble’s consumer businesses in Asia and served as a technology investment banker at J.P. Morgan. Chaturvedi brings deep expertise in driving category expansions globally, leading new product and commercial launches, and P&L management, as well as years of experience serving as a trusted advisor and thought partner to CEOs, boards, and management teams of consumer technology companies.
“Tanvi brings a proven track record of delivering industry-leading product experiences for customers and driving product-led growth. The consumer-first, data-driven approach she has taken to build hardware, software, and services businesses makes her a natural fit for the EVgo team,” said Cathy Zoi, Chief Executive Officer at EVgo. “Tanvi’s insights from working in organizations with high-growth and deep experience scaling companies that positively impact the lives of customers and partners will prove valuable as we seek to grow and expand offerings like Autocharge+, EVgo Rewards™, EVgo Reservations™ and more.”
“This is a tremendous time to join EVgo, a market leader in accelerating transportation electrification, and I look forward to drawing upon my experience in building and scaling consumer technology products to help catalyze the next phase of growth for the company,” added Chaturvedi. “EVgo’s next chapter will require a deep, customer-centric approach to delivering its rich ecosystem of products and services to transform the EV charging experience, and I am thrilled to be working with my new colleagues to lead that transformation and to begin scaling the organization to new heights.”
For more information regarding the locations of EV chargers within the EVgo charging network, visit www.evgo.com.
About EVgo
EVgo (Nasdaq: EVGO) is a leader in charging solutions, building and operating the infrastructure and tools needed to expedite the mass adoption of electric vehicles for individual drivers, rideshare and commercial fleets, and businesses. Since its founding in 2010, EVgo has led the way to a cleaner transportation future and its network has been powered by 100% renewable energy since 2019 through renewable energy certificates. As the nation’s largest public fast charging network, EVgo’s owned and operated charging network features over 850 fast charging locations – currently serving over 60 metropolitan areas across more than 30 states – and continues to add more DC fast charging locations through EVgo eXtend™, its white label service offering. EVgo is accelerating transportation electrification through partnerships with automakers, fleet and rideshare operators, retail hosts such as grocery stores, shopping centers, and gas stations, policy leaders, and other organizations. With a rapidly growing network, robust software products and unique service offerings for drivers and partners including EVgo Optima™, EVgo Inside™, EVgo Rewards™, and Autocharge+, EVgo enables world-class charging experience where drivers live, work, travel and play.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target,” “opportunity” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements are based on management’s current expectations or beliefs and are subject to numerous assumptions, risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These forward-looking statements include, but are not limited to, express or implied statements regarding EVgo’s future financial performance, market size and opportunity. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of EVgo’s management and are not predictions of actual performance. There are a significant number of factors that could cause actual results to differ materially from the statements made in this press release. See the “Risk Factors” section in EVgo’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 24, 2022, as well as its other filings with the SEC, copies of which are available on EVgo’s website at investors.evgo.com, and on the SEC’s website at www.sec.gov. All forward-looking statements in this press release are based on information available as of the date hereof, and EVgo does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by applicable law.
