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LS Power, which controls about 56% of EVgo's voting power, has offered $2.00 a share in cash for the rest of the fast-charging network. The proposal is unsolicited and non-binding, a special committee is reviewing it, and the stock jumped about 47% to $1.85 on Nov. 2.
Read the story →San Diego EV drivers say Waymo robotaxis are filling public DC fast chargers and causing waits of up to an hour. EVgo says its stations are open to everyone, and Waymo says its own depots come first but take time to build in new cities.
EVgo previewed a next-generation charging system with up to 750 kW of cabinet power shared across stalls, co-developed with Delta Electronics, with deployment set to begin in 2027, and its CEO laid out a target of more than 17,000 stalls at more than 2,000 locations by 2030.
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