EVgo Autocharge+ Surpasses 5 Million Sessions and Sixfold Enrollment Growth, Delivering Seamless EV Charging Nationwide

Rhea-AI Summary

EVgo (NASDAQ: EVGO) announced that its Autocharge+ service surpassed 5 million sessions and achieved sixfold enrollment growth since 2023, with over 300,000 customers enrolled as of Dec 3, 2025. Autocharge+ now supports nearly 80 EV models, including most CCS vehicles and new native NACS models, and enables seamless plug-in session starts across EVgo's U.S. fast-charging network.

Nearly 30% of EVgo sessions are initiated via Autocharge+, and Tesla drivers can use Autocharge+ with a CCS1 adapter or EVgo NACS connectors.

Positive

• 5.0M Autocharge+ sessions to date
• Enrollment 6x since 2023 to >300,000 customers
• 30% of EVgo sessions initiated via Autocharge+
• Supports nearly 80 EV models, including CCS and native NACS

Negative

• None.

News Market Reaction

+5.77%

5 alerts

+5.77% News Effect

+6.8% Peak in 24 hr 4 min

+$58M Valuation Impact

$1.07B Market Cap

0.1x Rel. Volume

On the day this news was published, EVGO gained 5.77%, reflecting a notable positive market reaction. Argus tracked a peak move of +6.8% during that session. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $58M to the company's valuation, bringing the market cap to $1.07B at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Autocharge+ sessions: 5 million sessions Enrollment growth: Sixfold growth Autocharge+ customers: Over 300,000 customers +3 more

6 metrics

Autocharge+ sessions 5 million sessions Cumulative Autocharge+ activity as of Dec 3, 2025

Enrollment growth Sixfold growth Autocharge+ enrollment increase since 2023

Autocharge+ customers Over 300,000 customers Total Autocharge+ enrollments to date

Eligible EV models Nearly 80 models EV models eligible for Autocharge+

Autocharge+ usage mix Nearly 30% of sessions Share of EVgo sessions initiated via Autocharge+

App rating 4.5-star rating EVgo app on Apple App Store

Market Reality Check

Price: $3.01 Vol: Volume 3446281 is close t...

normal vol

$3.01 Last Close

Volume Volume 3446281 is close to the 3567822 20-day average (relative volume 0.97). normal

Technical Price 3.38 is trading below the 3.56 200-day MA, indicating a longer-term downtrend pre-news.

Peers on Argus

Sector peers show mixed single-day moves, while momentum data flags only ZOOZ mo...

1 Down

Sector peers show mixed single-day moves, while momentum data flags only ZOOZ moving down. No clear sector-wide pattern supports EVGO’s pre-news upside.

Historical Context

5 past events · Latest: Dec 03 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 03	Product adoption update	Positive	+5.8%	Autocharge+ surpasses 5M sessions and strong enrollment growth.
Nov 10	Quarterly earnings	Positive	+0.6%	Q3 2025 revenue growth, record network revenue and throughput.
Oct 28	Earnings announcement	Neutral	-2.1%	Notice of upcoming Q3 2025 earnings release and webcast.
Sep 09	Network expansion news	Positive	-1.0%	Expansion to 200+ fast-charging locations with GM and Pilot.
Aug 14	Recognition & growth	Positive	+1.1%	Newsweek recognition and strong 2024 revenue growth metrics.

Pattern Detected

News and earnings have generally led to modest single-digit moves, with one stronger positive reaction on operational milestones.

Recent Company History

Over the last few months, EVgo reported growing recognition and network expansion, including being named one of America’s Greatest Companies with $257M 2024 revenue and a 60% YoY increase. Partnerships with General Motors and Pilot advanced a nationwide fast-charging buildout, while Q3 2025 results showed revenue of $92.3M and record network throughput of 95 GWh. The current Autocharge+ milestone of 5 million sessions and 300,000+ enrollees fits a pattern of operational scaling and customer adoption updates.

Market Pulse Summary

The stock moved +5.8% in the session following this news. A strong positive reaction aligns with EVg...

Analysis

The stock moved +5.8% in the session following this news. A strong positive reaction aligns with EVgo’s pattern of constructive responses to operational milestones such as network growth and revenue expansion. The Autocharge+ update highlighted 5 million sessions, over 300,000 enrollments and nearly 80 supported EV models, reinforcing usage traction. However, the stock traded below its 200-day MA pre-news and the short-term history shows only modest moves after most news, suggesting enthusiasm could fade if broader execution or market conditions shift.

Key Terms

ccs, rfid, plug and charge

3 terms

ccs technical

"The technology supports most CCS vehicles as well as new native NACS vehicles."

Carbon capture and storage (CCS) is a set of technologies that trap carbon dioxide produced by power plants, factories or industrial processes, then transport and store it deep underground or turn it into usable products. Think of it like catching smoke from a chimney and burying or repurposing it so it doesn't warm the atmosphere. Investors watch CCS because it can lower regulatory and carbon costs, create new revenue from credits or products, and influence the long-term value of energy and industrial companies.

rfid technical

"or tap an EVgo program (RFID) card."

RFID, or Radio Frequency Identification, is a technology that uses radio waves to automatically identify and track objects, animals, or people. It involves small tags or chips that emit signals when scanned, similar to a barcode but without needing direct line-of-sight. For investors, RFID enhances supply chain efficiency and inventory management, potentially reducing costs and improving business operations.

plug and charge technical

"features like Autocharge+ and Plug and Charge across our network"

Plug and charge is a capability that lets an electric vehicle automatically authenticate, start charging and settle payment as soon as the charging cable is plugged in, with the car and charger exchanging credentials securely. For investors it matters because it reduces friction for drivers much like contactless payments sped up retail checkouts, boosting charger usage, enabling smoother recurring revenue and making charging networks and EV makers more competitive.

AI-generated analysis. Not financial advice.

LOS ANGELES, Dec. 03, 2025 (GLOBE NEWSWIRE) -- EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest providers of public fast charging infrastructure for electric vehicles (EVs), has surpassed five million Autocharge+ sessions. EVgo has had sixfold growth in enrollment since 2023, with over 300,000 customers enrolled to date.

Today, nearly 80 different EV models are eligible for Autocharge+, and that number is expected to grow as more vehicles enter the market. The highest enrollments come from drivers of Cadillac, Chevrolet, Ford, and Rivian models.

Autocharge+ allows drivers with compatible EVs to start a charging session at any EVgo fast charging location just by plugging in their vehicle. After a one-time vehicle enrollment, Autocharge+ enables a seamless charging experience for EV drivers across the U.S. The technology supports most CCS vehicles as well as new native NACS vehicles. Tesla drivers can take advantage of Autocharge+ with either a Tesla CCS1 adapter or by using one of EVgo’s native NACS connectors.

“At EVgo, we’re committed to making fast charging seamless and convenient,” said Badar Khan, CEO of EVgo. “With over five million Autocharge+ sessions, it’s clear that our customers value technology that brings ease and efficiency to the charging experience.”

Nearly 30% of EVgo charging sessions are now initiated using Autocharge+. This feature and its seamless charging experience are helping contribute to a higher charge success rate on the network.¹

“EVgo collaborates with our automaker partners and performs extensive testing at our Innovation Lab to develop and expand technology solutions like Autocharge+. We are focused on the best possible customer experience and will continue to expand and deploy features like Autocharge+ and Plug and Charge across our network,” said Alex Keros, Senior Vice President at EVgo.

Autocharge+ enrollment is simple in the EVgo app, which is available to download for both iOS and Android and has a 4.5-star rating on the Apple App store. Once enrolled, drivers simply pull up to an EVgo stall and plug in their vehicle. Autocharge+ combines payment and session initiation without the need to open an app, swipe a credit card, or tap an EVgo program (RFID) card.

EVgo offers a range of different charging plans to fit all drivers. With multiple subscription plans including EVgo PlusMax, EVgo Plus and Pay As You Go, drivers choose the plan that fits their own charging needs whether it is daily, weekly or occasionally. EVgo offers pricing depending on the plan selected by the driver.

To see a full list of eligible models and for more information about Autocharge+, visit www.evgo.com/autocharge. 

For more information about the EVgo charging network, visit www.evgo.com.  

___________________
¹ Charge success rate measures a driver’s ability to successfully initiate a charging session on the first attempt and includes EVgo eXtend sites.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/edaa4017-29e3-46a3-9022-7b385403508b

FAQ

What milestone did EVgo (EVGO) announce on December 3, 2025?

EVgo announced Autocharge+ surpassed 5 million sessions and enrollment grew sixfold since 2023 to over 300,000 customers.

How many EVgo charging sessions are started with Autocharge+ (EVGO)?

Nearly 30% of EVgo charging sessions are now initiated using Autocharge+.

Which vehicle standards and models does EVgo Autocharge+ support for EVGO drivers?

Autocharge+ supports most CCS vehicles and new native NACS models; Tesla drivers can use a Tesla CCS1 adapter or EVgo NACS connectors.

How many customers are enrolled in EVgo Autocharge+ as of Dec 3, 2025 (EVGO)?

Autocharge+ enrollment exceeds 300,000 customers as of Dec 3, 2025.

Which EV brands show the highest Autocharge+ enrollment on EVgo?

The highest enrollments come from drivers of Cadillac, Chevrolet, Ford, and Rivian models.