Company profile: EVgo
1.1 - Company Overview
Company description
- Provider of public DC fast charging solutions for private and public electric vehicles, operating a U.S. network of 1,000+ stations delivering up to 90 miles in 30 minutes and compatible with all EVs that accept DC fast charging. Offers a mobile app, charging plans, services for drivers, businesses and fleets, EVgo ReNew maintenance, REC purchases, and a charger recycling program.
Products and services
- EVgo Fast Charging Network: A nationwide public network of 1,000+ DC fast charging stations across the U.S., delivering up to 90 miles in 30 minutes and compatible with all DC fast-charge EV models
- EVgo Charging Plans: Tiered subscription pricing including Pay As You Go, EVgo Plus, and EVgo PlusMax, offering different cost options for charging across EVgo’s fast network
- EVgo Mobile App: A cross-platform iOS and Android application that lets users find chargers, monitor active charging sessions, and access pricing information for EVgo stations
Key contacts
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Financial details
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1.2 - Competitors and similar companies to EVgo
WaveTech
HQ: Germany
Website
- Description: Provider of energy optimization and lifecycle management solutions built on proprietary intellectual property, engineered systems, and operational expertise. Specializes in asset lifecycle extension, intellectual property development, and implementation services for battery-enhancing technologies and energy asset management.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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BESS Power
HQ: United States
Website
- Description: Provider of utility-scale renewable energy storage center project development and manufacturer-independent, best-in-class energy storage solutions, leveraging financial capabilities and technical expertise from key market players; established with Redelfi Group, Altea Green Power and Elio Energy Group LLC.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Pika Energy
HQ: United States
Website
- Description: Provider of direct current (DC) solar power electronics, including hybrid inverters, smart batteries, and nanogrid technology, designed, tested, and manufactured in the United States; installations throughout the United States, Canada, and several overseas markets.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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ZEG Power
HQ: Norway
Website
- Description: Provider of hydrogen production technology and plants with integrated carbon capture, including ZEG ICC™ for producing hydrogen from gas; ZEG Clean Hydrogen Plants at 1–5, 10–50, and >100 TPD; and the ZEG H1 small-scale plant in Norway. Also offers the ZEG Climate+ Solution to produce hydrogen from biogas with carbon removal by storing captured biogenic CO2.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Ambri
HQ: United States
Website
- Description: Provider of liquid metal battery energy storage solutions for grid-scale applications, delivering long-duration storage of 4–24 hours. Offerings include a ready-to-install battery platform with cells, thermal management, and a battery management system; stainless steel cells with calcium and antimony electrodes and a calcium-chloride salt electrolyte; and a recycling program enabling end-of-life material reuse.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Ambri company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for EVgo
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to EVgo
2.2 - Growth funds investing in similar companies to EVgo
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4 - Top valuation comps for EVgo
4.2 - Public trading comparable groups for EVgo
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