EVgo celebrated its debut on the Nasdaq stock exchange, trading under the ticker symbol "EVGO". Originally founded a decade ago by David Crane (now CEO of CRIS, EVgo's SPAC partner), EVgo has transformed from serving early EV adopters to becoming a leader in metropolitan fast charging and fleet solutions.

The company's success stems from its dedicated employees, board members from LS Power, and partnerships with OEMs, site hosts, utilities, and government entities. Currently, over 250,000 EV drivers rely on EVgo's charging network across the United States.

The EV market shows promising growth potential. From approximately one million battery electric vehicles on U.S. roads in 2020, projections indicate this number will reach 25 million by 2030 and exceed 100 million by 2040. EVgo aims to support this growth by providing reliable and convenient charging infrastructure.

This public listing provides capital to accelerate EVgo's infrastructure expansion while maintaining financial discipline. The company plans to:

• Expand its public charging network
• Enable electrification across new sectors
• Work with policymakers to promote electric vehicle adoption
• Continue efforts to address climate change

EVgo recognizes that the automotive industry's shift to electric vehicles is inevitable. The company positions itself to ensure charging infrastructure facilitates, rather than hinders, this market transformation. With a focus on reliability, innovation, and sustainability, EVgo continues to support the growing EV ecosystem through expanded infrastructure and enhanced charging solutions.

The company remains committed to its mission of modernizing transportation through electrification, serving both current EV owners and future adopters while creating long-term value for shareholders.

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