EVgo (EVGO) Announces Plans to Expand NACS Deployments

EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that the company will be adding North American Charging Standard (NACS) connectors to its fast charging network across the country following the recent announcements by Ford and General Motors (GM) that they will be leveraging NACS starting some time in 2025.

"EVgo first deployed integrated Tesla connectors in 2020, and with the recently announced expansion of the number of automakers using the NACS connector, we are excited to announce that we will also be integrating NACS connectors on the EVgo network in future deployments as well as on some existing chargers,” said Cathy Zoi, CEO of EVgo. “As a first mover in EV charging, EVgo has a history of delivering for all EV drivers, evolving from CHAdeMO only to CHAdeMO and CCS, and now CHAdeMO, CCS, and NACS through both integrated connectors and Tesla to CCS adapters. We believe these developments will help to accelerate EV adoption rates and sales, which in turn will spur throughput growth on EVgo's network.

“With the shift to EV ubiquity underway, growing demand for charging means there will need to be hundreds of thousands of new fast chargers deployed in the US over the next decade, and we know that customers select chargers based on location, convenience, and ease of use. That is why EVgo prioritizes the deployment of technology like Autocharge+, EVgo Rewards™ and Reservations, and more, so that EV drivers can quickly, reliably, and conveniently charge their vehicles no matter which plug they use. With EVgo Renew™ underway and ongoing, we will also assess which future upgrades or replacements can include a NACS connector as well.

“EVgo's long-term success is directly tied to EV adoption at scale, our fantastic partnerships, and our continued technology leadership. All of our automaker partnerships continue apace, and the dozens of new electric vehicle models coming to market in combination with the expansion of access to charging for NACS and CCS vehicles will help take us even closer to making our vision of Electric for All a reality. "

You May Also Be Interested In

• Tesla Crash Into Texas Home Now Under Federal Safety Probe - WSJ
• Tesla (TSLA) call put ratio 1.1 calls to 1 put on 3.3M options
• Eldorado Gold elects nine directors at 2026 annual meeting