EVgo Inc. (EVgo) owns and operates the public direct current (DC) fast-charging network in a number of locations, which is powered by renewable electricity using renewable energy certificates (RECs). The Company’s business is in the development and operation of electric vehicle (EV) charging sites through which it dispenses electricity to EVs driven by individuals, commercial drivers and fleet operators. Its network of charging stations provides EV charging infrastructure to consumers and businesses. It is engaged in the provision of charging services for EVs of all types on the Company’s network. It develops and deploys fleet-charging solutions for light, medium and heavy-duty EV fleets. It is developing, building, operating and servicing charging assets for fleets at its own depot locations, at off-site charging hubs. It integrates EVgo Optima software to connect to a fleet’s logistics platform. It owns and operates charging network of approximately 900 fast charging locations.
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