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Stock impact report

EVgo Expands Autocharge+ to More Than 50 Electric Vehicle Models [Yahoo! Finance]

EVgo Inc. (EVGO) 
Company Research Source: Yahoo! Finance
LOS ANGELES, April 09, 2024 BUSINESS WIRE )--EVgo Inc. (NASDAQ: EVGO), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced that more than 50 EV models are eligible for its seamless Autocharge+ feature. Once enrolled, Autocharge+ showcases a best-in-class customer experience for EV drivers by eliminating the need to open an app, swipe a credit card, or tap an EVgo program (RFID) card to initiate a fast charging session on the EVgo network. Since its launch in September 2022, Autocharge+ has steadily grown across the EVgo network – and in 2023 alone, the percentage of charging sessions initiated using Autocharge+ nearly doubled, reaching approximately 17% of all charging sessions initiated in the fourth quarter. Most EVs with CCS connectors support this feature as well as Tesla models that are compatible with the CCS Combo 1 Adapter. Additionally, EVgo plans to support Autocharge+ through its integrated NACS connectors once implement Show less Read more
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