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PlugShare Platform Surpasses 1 Million Annual Downloads in 2021
Rhea-AI Impact
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Rhea-AI Sentiment
(Very Positive)
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Rhea-AI Summary
EVgo has achieved a significant milestone with its PlugShare platform, surpassing one million app downloads since 2021, the highest in its history. This growth reflects a nearly 30% increase in user count and participation year-over-year, as electric vehicle (EV) adoption rises globally. Following EVgo's acquisition of Recargo in July 2021, the companies have collaborated to enhance EV user experiences, focusing on reliable charging and software solutions. With 800+ fast charging locations, EVgo leads in the EV charging network powered entirely by renewable energy.
Positive
PlugShare's app downloads exceeded one million since 2021, marking a historic high.
User participation increased by nearly 30% year-over-year, reflecting growing EV adoption.
Collaboration between EVgo and Recargo enhances customer experience and strengthens the EV market.
Negative
None.
Leading EV charging community increases user count and participation by nearly 30% vs. last year
EL SEGUNDO, Calif.--(BUSINESS WIRE)--
Recargo, a leading e-mobility software company and wholly-owned subsidiary of EVgo Inc. (Nasdaq: EVGO), the nation’s largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced that the PlugShare platform — the world’s largest EV community — has surpassed one million app downloads since the start of 2021, the most in the app’s history as EV adoption continues to increase across the globe.
The milestone arrives as EVgo and Recargo build on their shared momentum in the months following EVgo’s acquisition of Recargo in July 2021. Since then, the companies have combined their respective strengths in nationwide public fast charging infrastructure, software expertise, app development, market research, advertising and more – to shape an enhanced customer experience and capitalize on meeting EV drivers’ growing needs and support accelerated EV adoption. PlugShare’s robust user expansion is the latest example of the collective growth made possible through EVgo and Recargo’s collaboration, as the companies continue working together to bolster the EV market overall.
PlugShare is the leading platform used by EV drivers for locating and selecting public chargers. The solution allows users to share their experiences and feedback around specific locations with other drivers, better plan both short and long range EV trips, rate their charging experiences via the proprietary PlugScore feature, use Pay With PlugShare at select charging networks, and more.
“EV adoption requires more than cars—it requires great cars, reliable charging, and excellent software,” said Cathy Zoi, CEO of EVgo. “EVgo acquired Recargo because we know how important the PlugShare platform is to help new and existing EV drivers around the world charge, and this 1 millionth annual download milestone is one of many as EV growth proliferates.”
As of July 2021, there were 7 unique PlugShare app installs for every 10 EVs in operation in the U.S., reflecting the platform’s significant user penetration among America’s EV drivers. Since its inception, over 3.6 million unique Apple App Store and Google Play accounts worldwide have downloaded the app to their devices, contributing to upwards of 3.8 million reviews of public charging locations.
“The recent influx of reviews on the PlugShare platform is a testament to the growing demand for EVs and the charging infrastructure new and existing EV drivers use to go electric,” said Nick Wild, President and CEO of Recargo. “The PlugShare community continues to be the best place for accurate EV charging information, and we are excited to continue supporting drivers and infrastructure providers around the world.”
For more information and to find the location of EV chargers within the EVgo charging network, visit www.evgo.com and www.plugshare.com.
EVgo (Nasdaq: EVGO) is the nation’s largest public fast charging network for electric vehicles, and the first to be powered by 100% renewable energy. With more than 800 fast charging locations, EVgo’s owned and operated charging network serves over 68 metropolitan areas across 35 states and more than 310,000 customer accounts. Founded in 2010, EVgo leads the way on transportation electrification, partnering with automakers; fleet and rideshare operators; retail hosts such as hotels, shopping centers, gas stations and parking lot operators; and other stakeholders to deploy advanced charging technology to expand network availability and make it easier for drivers across the U.S. to enjoy the benefits of driving an EV. As a charging technology first mover, EVgo works closely with business and government leaders to accelerate the ubiquitous adoption of EVs by providing a reliable and convenient charging experience close to where drivers live, work and play, whether for a daily commute or a commercial fleet.
