EVgo on Sept. 29, 2026, announced a next-generation DC fast-charging system rated at up to 750 kW. It was designed at EVgo's Innovation Lab in El Segundo, Calif., with co-development support from Delta Electronics. The system is announced, not deployed: EVgo says it will unveil the final design in 2027, as it begins deploying the new architecture. The same day, CEO Badar Khan told an investor conference the company aims to grow from about 5,500 stalls today to more than 17,000 by 2030.
The hardware announcement came in a press release distributed at 7:00 a.m. EDT. Khan's growth targets came at the Lytham Partners Fall 2026 Investor Conference.
A shared cabinet, not a 750 kW stall
The 750 kW figure is the output of one power cabinet, not the rating of each charging stall. EVChargingStations.com reported that the cabinet supplies up to six dispensers at once, about 125 kW per stall on average. The release lists dynamic power sharing among the system's features: the system adjusts how energy is distributed in real time so each dispenser delivers the output a given vehicle needs. When several high-power vehicles are connected at once, each one's share is limited.
EVgo says the system is expected to charge the fastest-charging vehicles in the U.S. market in "around 10 minutes," and notes that actual times depend on the vehicle, battery condition, ambient temperature and starting state of charge. The release also lists NACS connectors on each station, better cable maneuverability and a touchless payment interface.
For comparison, EVXL noted that 750 kW is more than twice the 350 kW of EVgo's fastest current stalls, and that the fastest EVs sold in the U.S. top out near 400 kW. In the release, Khan said charge rates on the EVgo network are up "nearly 20% in the last two years."
Delta already supplies EVgo's network with 350 kW dual-head chargers. EVgo describes itself as one of the only American charging networks that designs its own chargers.
A timeline that moved to 2027
The schedule for this hardware has changed over two years:
- October 2024: EVgo and Delta agreed to build the architecture, with deployment set for the second half of 2026. Under that plan, power would be shared across up to six stalls with 400 kW dispensers.
- Aug. 5, 2026: An EVgo release repeated a 2026 date, with first units expected by year end.
- Sept. 29, 2026: EVgo's latest release placed both the final-design unveiling and the start of deployment in 2027.
Network size and 2030 targets
At the Lytham Partners conference, Khan described the network's current size and its targets:
| Measure | Current (Sept. 29, 2026) | 2030 target |
|---|---|---|
| Locations | About 1,200, in 47 states | More than 2,000 |
| Stalls | About 5,500 | More than 17,000 |
| Distributed utility connection capacity | — | 2.3 GW |
About two-thirds of EVgo's chargers are 350 kW units, up from about 15% four years ago, according to management. Management also cited Q2 2026 utilization of about 20%, compared with what it called a 4% industry average; both are the company's own figures, not independently verified. Multi-year partnerships with two real estate investment trusts, Brixmor and Regency, are expected to add 1,000 stalls combined.
Management also projected about $100 million in EBITDA in 2028 and about $500 million in 2030. These are company projections, not reported results.
Tesla V4 hardware and NACS retrofits
Khan also described a separate supply arrangement with Tesla. "Tesla will be building and selling to us Superchargers that they will operate branded EVgo," he said at the conference. According to EVXL, these V4 units are rated at up to 500 kW at 1,000 volts and use Tesla's Magic Dock, so both NACS and CCS vehicles can connect without an adapter. The stalls will appear in Tesla's in-car navigation and Trip Planner, and EVgo expects the first sites to be operating in the second half of 2026.
On the existing network, Khan said about 500 of EVgo's more than 5,000 stalls are expected to be retrofitted with NACS cables by the end of 2026.
What It Means for Drivers
The 750 kW system will not appear at EVgo sites this year. The final design is due in 2027, and EVgo has not announced any locations for it.
Speed at a new stall will depend on the car and on who else is plugged in. Because the cabinet's power is shared, a vehicle's own peak charging rate and the number of other high-power vehicles drawing from the same cabinet will set how fast it charges.
NACS-port drivers get the nearer-term change. The NACS-cable retrofit on existing stalls is scheduled to finish by the end of this year, but it covers only part of the network. Before relying on a site, check its connector list in the EVgo app or the AFDC station locator.
CCS1 drivers should confirm the plug type on the new hardware. EVChargingStations.com reported both NACS (SAE J3400) and CCS1 connectors on each station, while EVgo's release mentions only NACS, so CCS1 drivers should check a site's connector listing when the hardware arrives in 2027.
EVgo-branded V4 Superchargers are open to more than Teslas. Their Magic Dock lets CCS vehicles plug in without an adapter, and Tesla drivers will see the sites in their car's navigation.
Sources
- EVgo Announces Next-Generation Charging System Capable of 750kW (EVgo press release via GlobeNewswire/StockTitan, Sept. 29, 2026)
- EVgo at Lytham Partners: Tesla deal lifts growth outlook (Investing.com)
- EVgo's 750-kW Charger Slips to 2027, and No US EV Can Take It Yet (EVXL, Oct. 1, 2026)
- EVgo Previews Its Next-Generation 750-kW Charging System (EVChargingStations.com, Sept. 29, 2026)
- Alternative Fuels Data Center Station Locator (U.S. Department of Energy)
