EVgo Surpasses 5 Million Autocharge+ Sessions with 6x Customer Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 03 2025
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Source: Globenewswire
- Significant User Growth: Since 2023, EVgo's Autocharge+ has seen a sixfold increase in enrollment, surpassing 300,000 users, demonstrating the strong market appeal of convenient EV charging and further solidifying EVgo's leadership in fast charging infrastructure.
- Charging Session Milestone: EVgo has surpassed 5 million Autocharge+ sessions, with nearly 30% of charging sessions initiated through this feature, indicating high user appreciation for the seamless charging experience, which enhances charging success rates and boosts customer satisfaction.
- Expanded Vehicle Compatibility: Currently, nearly 80 different EV models are eligible for Autocharge+, and this number is expected to grow as more vehicles enter the market, which will further drive EVgo's market penetration and user base expansion.
- Commitment to Technological Innovation: EVgo is focused on continuously developing and expanding technology solutions like Autocharge+ through collaborations with automakers and extensive testing at its Innovation Lab, aiming to enhance customer experience and drive future business growth.
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Analyst Views on EVGO
Wall Street analysts forecast EVGO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EVGO is 5.65 USD with a low forecast of 4.00 USD and a high forecast of 7.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
6 Buy
2 Hold
0 Sell
Strong Buy
Current: 3.330
Low
4.00
Averages
5.65
High
7.50
Current: 3.330
Low
4.00
Averages
5.65
High
7.50
About EVGO
EVgo Inc. provides electric vehicle charging solutions. The Company owns and operates a public direct current fast charging network for electric vehicles in the United States. Its network of charging stations provides EV charging infrastructure to consumers and businesses. It partners with automotive original equipment manufacturers (OEMs), fleet and rideshare operators, retail hosts such as grocery stores, shopping centers, gas stations, parking lot operators, governments and other organizations and property owners to locate and deploy its EV charging infrastructure. In addition to the provision of EV charging infrastructure, it is developing and deploying software-based, value-added services to drivers and partners.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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