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EVgo ($EVGO) Expands Autocharge+ Feature to Streamline EV Charging for Over 50 EV Models

09 April 2024

EVgo (NASDAQ: EVGO), one of the nation’s largest public fast charging networks, has announced that over 50 EV models now qualify for its seamless Autocharge+ feature. This innovative feature streamlines the charging process for EV drivers by eliminating the need for app opening, credit card swiping, or tapping an EVgo program card.

Since its launch in September 2022, Autocharge+ has experienced consistent growth across the EVgo network. In 2023 alone, the usage of Autocharge+ nearly doubled, representing around 17% of all charging sessions initiated in the fourth quarter. Most EVs with CCS connectors support this feature, including Tesla models compatible with the CCS Combo 1 Adapter.

EVgo plans to extend Autocharge+ to integrated NACS connectors, enhancing its "One & Done" success rate, measuring a driver's ability to start a charging session on their first try. By streamlining payment and session initiation into one step, Autocharge+ boosted the success rate by six percentage points in 2023.

Stacey Stewart, SVP of Charging at EVgo stated: “The key to achieving widespread EV adoption in the U.S. is giving EV drivers a convenient, streamlined charging experience, and Autocharge+ does just that.”

EVgo is a leader in charging solutions, building and operating the infrastructure and tools needed to expedite the mass adoption of electric vehicles.

Shares of EVgo trade on the NASDAQ under the ticker symbol EVGO.

 

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