Source: EVgo Inc.
  • EVgo Inc. (NASDAQ:EVGO) announced that Rivian’s (NASDAQ:RIVN) R1T and R1S models have joined the list of compatible EVs for its Autocharge+
  • EVgo Autocharge+ allows drivers with compatible EVs to initiate a charging session in seconds
  • Since launching in September 2022, Autocharge+ has grown to account for 13 per cent of all charging sessions on the company’s nationwide network
  • Rivian Automotive Inc. opened trading at US$20.78 per share and EVgo Inc. opened trading at US$4.27per share

EVgo Inc. (NASDAQ:EVGO) announced that Rivian’s (NASDAQ:RIVN) R1T and R1S models have joined the list of compatible EVs for its Autocharge+.

Autocharge+ allows EV drivers to initiate a charging session by plugging in their vehicle to an EVgo fast charger and initiate a charging session in seconds. The addition of Rivian adds 30 eligible vehicle models that can be enrolled in Autocharge+.

Since launching in September 2022, Autocharge+ has grown to account for 13 per cent of all charging sessions on the company’s nationwide network.

EVgo’s chief technology officer, Ivo Steklac, explained in a news release that as his team has seen with rideshare, on-demand delivery, contactless payments, and others – the more frictionless and dependable an experience is, the more people will embrace it.

“EVgo is committed to delivering reliable and convenient fast charging, and Autocharge+ offers the seamless customer experience that drivers expect,” Steklac said in a statement.

EVgo Inc. owns and operates the public direct current fast-charging network in several locations, powered by renewable electricity. The company’s business is in the development and operation of EV charging sites through which it dispenses electricity to EVs driven by individuals, commercial drivers and fleet operators.

Rivian Automotive Inc. designs, develops and manufactures electric vehicles and accessories. It sells its vehicles directly to customers in the consumer and commercial markets.

Rivian Automotive Inc. opened trading at US$20.78 per share.

EVgo Inc. opened trading at US$4.27 per share.

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