EVGO INC. CL.A

EVgo, with support from General Motors, opened a flagship public fast-charging station at a Meijer in Warren, Michigan, featuring 12 pull-through stalls and 350 kW chargers capable of a full charge in about 15 minutes depending on the vehicle. EVgo CEO Badar Kahn said chargers are becoming more reliable and batteries are charging faster, while GM’s Will Hotchkiss noted that slower EV sales have allowed charging infrastructure to catch up to demand. The station targets drivers without home charging and long-distance travelers and is part of EVgo’s ongoing partnership expansion for public charging. » More on forbes.com

For Q2, EVgo reported an adjusted loss per share of $0.15 (expectation $0.13) on revenue of $82.65 million, which only slightly beat the forecast. The charging business continued to grow (+19% to $61 million), overall revenue was down, and the stock traded pre-market near its 52-week low. EVgo confirmed its full-year guidance of $400–430 million in revenue and adjusted EBITDA of -$25 to -$5 million and announced a partnership to install Tesla Superchargers under the EVgo brand. » More on de.investing.com

EVgo and Brixmor will expand their collaboration and install over 500 high-power fast chargers at at least 90 Brixmor shopping centers in the U.S. The sites, including locations in Florida, Illinois, Minnesota, New Jersey, Pennsylvania and Texas, are slated for installation later this year, with the first site expected to be at Barn Plaza near Philadelphia. Each location can have up to 12 charging ports; EVgo already operates more than 1,200 fast-charging stations in 47 states. » More on de.investing.com

EVgo reported a positive adjusted EBITDA of $24.9 million for Q4 2025 on revenue of $118.5 million (up 75% year‑over‑year) and network throughput of 99 GWh. For full‑year 2025, revenue rose to $384.1 million and adjusted EBITDA to $12.0 million; the network comprised 5,100 chargers at the end of 2025. The company plans to install more than 400 NACS‑compatible chargers in 2026 to double its addressable market, expects 2026 revenue of $410–470 million and adjusted EBITDA of -$20 to +$20 million, and has a long‑term target of 12,500–13,900 public chargers by 2029. » More on de.investing.com

EVgo is significantly expanding its partnership with Kroger, which has existed since 2022, and plans to install at least 150 high‑power fast chargers per year at Kroger locations across the US through 2035. At selected sites, up to 16 charging points will be installed; the first new location is already operating in Salt Lake City. The chargers can provide a full charge in around 15 minutes; EVgo currently operates over 4,600 stations and is targeting more than 15,000 by the end of 2029. The company most recently recorded 39.2% revenue growth and is valued at approximately $961 million. » More on de.investing.com