These stations will cater to both CCS and NACS vehicles, starting in markets with high NACS vehicle penetration to boost charger use. Utilisation on the EVgo network rose to around 19% in the first quarter of 2024 from approximately 9% in the same period of 2023.
CEO Badar Khan highlighted the evolving competitive landscape, offering opportunities for network expansion through new site host partnerships. EVgo aims to collaborate with partners to deploy more fast charging infrastructure in convenient locations for drivers. Notably, EVgo's NACS roll-out will feature high-power 350kW chargers, catering to vehicle models with advanced battery technology and high peak charge rates.
Additionally, Autocharge+, EVgo's streamlined payment feature, will be available to both Tesla and future non-Tesla NACS vehicles, simplifying the charging process for over 50 compatible vehicle models.
