Morgan Stanley units disclose 6.4% EVgo (EVGO) stake in Schedule 13G

Rhea-AI Filing Summary

EVgo Inc. Schedule 13G reports Morgan Stanley entities as large holders of Class A Common Stock. Morgan Stanley is shown with 9,079,589 shares and 6.4% of the class; Morgan Stanley Capital Services LLC is shown with 7,734,742 shares and 5.5%. The filing clarifies these amounts reflect certain MS reporting units and includes exhibits for joint filing and subsidiary identification.

Insights

Institutional Ownership Analyst

Large institutional positions disclosed by Morgan Stanley reporting units.

Morgan Stanley and Morgan Stanley Capital Services LLC report beneficial ownership in Class A Common Stock; the filing lists 9,079,589 shares (6.4%) and 7,734,742 shares (5.5%) respectively. These figures are tied to the MS Reporting Units described under Release No. 34-39538.

Ownership is shown as shared voting/dispositive power for the listed units. Subsequent filings or exhibits may specify the subsidiary identifications and any reallocation across MS operating units.

Corporate Governance Specialist

Shared voting and dispositive power is the primary control signal here.

The cover data shows shared voting power and shared dispositive power values rather than sole power, which indicates holdings are managed across internal units. The filing attaches Exhibit 99.2 for Item 7 subsidiary details and Exhibit 99.1 for the joint filing agreement.

Because the filing follows the Release aggregation approach, treat these positions as aggregated across named MS reporting units until subsidiary exhibits clarify allocation.

Key Figures

Morgan Stanley shares beneficially owned: 9,079,589 shares Morgan Stanley ownership percentage: 6.4% Morgan Stanley Capital Services LLC shares: 7,734,742 shares +2 more

5 metrics

Morgan Stanley shares beneficially owned 9,079,589 shares reported on cover responses to Item 9

Morgan Stanley ownership percentage 6.4% percent of Class A common stock

Morgan Stanley Capital Services LLC shares 7,734,742 shares reported on cover responses to Item 9

Morgan Stanley Capital Services LLC ownership percentage 5.5% percent of Class A common stock

Signature date 05/11/2026 authorized signatory dates on the filing

Key Terms

Schedule 13G, beneficially owned, MS Reporting Units, shared dispositive power

4 terms

Schedule 13G regulatory

"Item 1. Name of issuer: EVgo Inc."

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

beneficially owned financial

"Item 4. Ownership (a) Amount beneficially owned"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

MS Reporting Units regulatory

"this filing reflects the securities beneficially owned by certain operating units"

shared dispositive power financial

"Shared Dispositive Power 9,079,589.00"

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

EVgo Inc.

(Name of Issuer)

Class A Common Stock

(Title of Class of Securities)

30052F100

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 30052F100

1

Names of Reporting Persons

Morgan Stanley

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 9,004,246.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 9,079,589.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

9,079,589.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.4 %

12

Type of Reporting Person (See Instructions)

HC, CO

SCHEDULE 13G

CUSIP Number(s): 30052F100

1

Names of Reporting Persons

Morgan Stanley Capital Services LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 7,734,742.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 7,734,742.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

7,734,742.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.5 %

12

Type of Reporting Person (See Instructions)

BD, CO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: EVgo Inc.
(b)	Address of issuer's principal executive offices: 1661 EAST FRANKLIN AVENUE, EL SEGUNDO, CA, 90245
Item 2.
(a)	Name of person filing: 1: Morgan Stanley 2: Morgan Stanley Capital Services LLC
(b)	Address or principal business office or, if none, residence: 1: 1585 Broadway, New York, NY 10036 ;2: 1585 Broadway, New York, NY 10036
(c)	Citizenship: 1: Delaware 2: Delaware
(d)	Title of class of securities: Class A Common Stock
(e)	CUSIP Number(s): 30052F100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See the response(s) to Item 9 on the attached cover page(s).
(b)	Percent of class: 6.4 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See the response(s) to Item 5 on the attached cover page(s).
	(ii) Shared power to vote or to direct the vote: See the response(s) to Item 6 on the attached cover page(s).
	(iii) Sole power to dispose or to direct the disposition of: See the response(s) to Item 7 on the attached cover page(s).
	(iv) Shared power to dispose or to direct the disposition of: See the response(s) to Item 8 on the attached cover page(s).
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit 99.2
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. * In Accordance with the Securities and Exchange Commission Release No. 34-39538 (January 12, 1998) (the "Release"), this filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by certain operating units (collectively, the "MS Reporting Units") of Morgan Stanley and its subsidiaries and affiliates (collectively, "MS"). This filing does not reflect securities, if any, beneficially owned by any operating units of MS whose ownership of securities is disaggregated from that of the MS Reporting Units in accordance with the Release.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Morgan Stanley

Signature:	Claire Gordon
Name/Title:	Authorized Signatory, Morgan Stanley
Date:	05/11/2026

Morgan Stanley Capital Services LLC

Signature:	Claire Gordon
Name/Title:	Authorized Signatory, Morgan Stanley Capital Services LLC
Date:	05/11/2026

Exhibit Information

EXHIBIT NO. EXHIBITS ------------------ ------------------------------------ 99.1 Joint Filing Agreement 99.2 Item 7 Information * Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001).

FAQ

What stake does Morgan Stanley report in EVGO (EVGO)?

Morgan Stanley reports 9,079,589 shares, representing 6.4% of Class A common stock. This amount is disclosed on the cover responses to Item 9 and Item 6 in the filing.

What stake does Morgan Stanley Capital Services LLC report in EVGO (EVGO)?

Morgan Stanley Capital Services LLC reports 7,734,742 shares, representing 5.5% of Class A common stock. The filing lists shared voting and dispositive power for this position.

Does this Schedule 13G indicate sole voting control by Morgan Stanley?

The filing shows shared voting power and shared dispositive power rather than sole power. The cover responses to Item 5 and Item 6 provide the detailed power breakdown.

Are these holdings held by one unit or multiple Morgan Stanley entities?

The filing states holdings reflect certain MS Reporting Units aggregated under Release No. 34-39538. Exhibit 99.2 is attached to identify the relevant subsidiaries.

When were these ownership figures certified in the filing?

The filing is signed and dated by the authorized signatory on 05/11/2026, as shown on the signature lines for both reporting entities.