Evgo (EVGO) Stock News

EVgo (NASDAQ: EVGO) announced an accelerated roll-out of NACS connectors after a 2025 pilot that installed nearly 100 NACS connectors across 22 metropolitan areas. The company plans to deploy more than 500 NACS connectors by the end of 2026, expand NACS availability to 25+ states by year-end, and add stalls in key markets including Austin, Houston, Las Vegas, Orlando, Phoenix, Chicago, Dallas, Detroit and San Francisco. Most sites will start with 2–4 NACS connectors and can expand as demand grows. EVgo highlighted Autocharge+ compatibility for NACS and CCS drivers, noting the feature enabled over 5 million sessions on its network since 2022. EVgo cites industry adoption forecasts that a majority of new EVs will be NACS compatible by 2030.

EVgo (NASDAQ: EVGO) announced an expanded fast-charging rollout with Kroger Family of Stores on Jan. 13, 2026, planning to build at least 150 fast-charging stalls per year through 2035. The program will add up to 16 high-power stalls at select Kroger, Fred Meyer, King Soopers, Smith's and other banners, with the first site now operational in Salt Lake City, Utah. EVgo says its chargers can deliver a full charge in as little as 15 minutes and highlights a network of >4,600 stalls in operation and a goal of >15,000 stalls energized by end of 2029.

EVgo (NASDAQ: EVGO) said it deployed more than 40% of its 2025 stations using domestically manufactured prefabricated modular skids, exceeding its year-end target after strong Q4 commissioning.

The company cited a 15% average reduction in installation costs and faster timelines via a partnership with Miller Electric, which assembles skids from American steel and aluminum at a Jacksonville facility employing >1,400 people. Prefab sites in 2025 support up to 14 simultaneous vehicles and feature 350 kW fast chargers across multiple U.S. states.

EVgo (NASDAQ: EVGO) named Keefer Lehner as Chief Financial Officer, effective January 12, 2026, with outgoing CFO Paul Dobson retiring and staying on in an advisory role through March 2026.

The company reiterated its 2025 financial guidance: baseline total revenue of $350–$365 million with ancillary upside up to $40 million (total up to $405 million), and baseline Adjusted EBITDA of $(15)–$(8) million with ancillary upside up to $31 million (range $(15)–$23 million). The release notes a timing/amount uncertainty for the ancillary upside and that a reconciliation of projected Adjusted EBITDA to GAAP net income is not provided.

EVgo (NASDAQ: EVGO) announced that its Autocharge+ service surpassed 5 million sessions and achieved sixfold enrollment growth since 2023, with over 300,000 customers enrolled as of Dec 3, 2025. Autocharge+ now supports nearly 80 EV models, including most CCS vehicles and new native NACS models, and enables seamless plug-in session starts across EVgo's U.S. fast-charging network.

Nearly 30% of EVgo sessions are initiated via Autocharge+, and Tesla drivers can use Autocharge+ with a CCS1 adapter or EVgo NACS connectors.

EVgo (Nasdaq: EVGO) reported third quarter 2025 results with $92.3M total revenue, up 37% year-over-year, and record $55.8M charging network revenue (up 33%). Network throughput hit a record 95 GWh, +25% YoY, and stalls in operation reached 4,590, +25% YoY after adding 280+ stalls. Adjusted EBITDA was a $4.975M loss and net loss attributable to Class A holders was $12.4M. Cash, cash equivalents, and restricted cash totaled $201M with an additional $41M borrowed in October. Capital expenditures were $26.2M. 2025 guidance: $350–365M revenue baseline (up to $405M with upside) and Adjusted EBITDA baseline $(15)–$(8)M.

EVgo (Nasdaq: EVGO) will release its Third Quarter 2025 financial results on Monday, November 10, 2025. A management-hosted webcast will follow at 8 a.m. ET (5 a.m. PT).

Investors can access the live webcast and find the press release and presentation on EVgo’s Investor Relations site prior to the call. A webcast archive will be posted on the Events & Presentations page shortly after the call for a limited period.

General Motors (NYSE: GM), Pilot Company, and EVgo (NASDAQ: EVGO) have announced a significant expansion of their EV charging network, now reaching over 200 locations across nearly 40 states with approximately 850 public fast charging stalls. The network has expanded from 25+ states to nearly 40 in under a year, strategically deploying chargers along interstate corridors that carry over 20% of America's traffic.

The collaboration, first announced in 2022, is progressing toward its goal of installing 2,000 fast charging stalls at 500 Pilot and Flying J locations. By the end of 2025, they expect to reach 1,000 stalls across 40 states. The network features 350kW fast-chargers, overhead canopies, pull-through stalls, and Plug and Charge capability, along with amenities like free Wi-Fi and on-site restaurants.

EVgo (NASDAQ: EVGO), a leading provider of public EV fast charging infrastructure, has been named one of America's Greatest Companies 2025 by Newsweek and Plant-A Insights Group, receiving a 4.5 out of 5 star rating.

The company demonstrated strong financial performance with $257 million in revenue for 2024, marking a 60% year-over-year increase. Key 2024 achievements include expanding partnerships with automakers like General Motors (surpassing 2,000 stalls), Toyota, and retail partners Meijer and Regency Centers. EVgo is also developing next-generation charging architecture with enhanced customer-centric features.