EVgo, Inc. owns and operates a direct current fast charging network for electric vehicles in the United States. It offers electricity directly to drivers; original equipment manufacturer charging and related services; and commercial charging. The company also provides ancillary services, such as customization of digital applications, charging data integration, access to chargers behind parking lot or garage pay gates, microtargeted advertising, and charging reservations; and hardware, design, and construction services for charging sites, as well as ongoing operations, maintenance, and networking and software integration solutions through eXtend. In addition, it offers PlugShare, such as data, research, and advertising services and equipment procurement and operational services. The company was founded in 2010 and is headquartered in El Segundo, California. EVgo, Inc. operates as a subsidiary of EVgo Holdings LLC.
| Horizon | Bear case (−1σ) | Base case | Bull case (+1σ) |
|---|---|---|---|
| 1 Month | $0.89 (-18.2%) | $1.09 | $1.33 (+22.2%) |
| 3 Months | $0.77 (-29.4%) | $1.09 | $1.54 (+41.6%) |
| 6 Months | $0.67 (-38.9%) | $1.09 | $1.78 (+63.6%) |
| 12 Months | $0.54 (-50.1%) | $1.09 | $2.19 (+100.5%) |