5 Biggest EV Charging Companies in the US

5. Volta Charging

Estimated Funding as of August 27, 2023: $575.6 Million

Volta Charging is an electric vehicle infrastructure company based in California, United States. The company is owned by Shell plc (NYSE:SHEL). According to the company, Volta Charging has over 3,000 charging stalls in 28 states across the United States. With an estimated funding of $576 million, as of August 27, the company ranks as the fifth-biggest electric vehicle charging company in the United States.

4. EVgo Inc. (NASDAQ:EVGO)

Market Cap as of September 13, 2023: $1.19 Billion

EVgo Inc. (NASDAQ:EVGO) is a leading electric vehicle fast charging station network operator based in California, United States. EVgo Inc. (NASDAQ:EVGO) is owned by LS Power Development, LLC. The company operates in over 34 states across the United States. Founded in 2010, the company now boasts a market cap of $1.19 billion, as of September 13. EVgo Inc. (NASDACIQ:EVGO) is the fourth biggest electric vehicle charging company in the United States.

3. ChargePoint Holdings Inc. (NYSE:CHPT)

Market Cap as of September 13, 2023: $2.05 Billion

ChargePoint Holdings Inc. (NYSE:CHPT) is an electrical components and equipment company based in California, United States. The company has its operations spread out in 14 countries. ChargePoint Holdings Inc. (NYSE:CHPT) has delivered over 188 million charges ever since its inception. Additionally, the company also offers cloud-based services and networks for businesses and drivers. With a market capitalization of $2.05 billion, as of September 13, ChargePoint Holdings Inc. (NYSE:CHPT) ranks as the third biggest electric vehicle charging company in the United States.

2. Lucid Group Inc. (NASDAQ:LCID)

Market Cap as of September 13, 2023: $13.49 Billion

Lucid Group Inc. (NASDAQ:LCID) is an electric vehicle manufacturing company based in California, United States. Lucid Group Inc. (NASDAQ:LCID) has started to offer electric vehicle charging as of 2023. The company’s newly produced Wunderbox is a built-in charger that enables fast charging of vehicles. The charger is able to fill up to 200 miles of charge every 12 minutes. The Wunderbox is compatible with almost all public charging stations. Lucid Group Inc. (NASDAQ:LCID) ranks as the second biggest EV charging company with a market capitalization of almost $13.5 billion, as of September 13.

1. Tesla Inc. (NASDAQ:TSLA)

Market Cap as of September 13, 2023: $853.03 Billion

Tesla Inc. (NASDAQ:TSLA) is the market leader in the Electric Vehicle charging industry. With significant partnerships and persistent investment in technologies and research and development, Tesla Inc. (NASDAQ:TSLA) has grown to have a market capitalization of almost $853 billion, as of September 13. Tesla Inc. (NASDAQ:TSLA) also offers home charging solutions for electric vehicles. This could either be done through a mobile connector, a wall connector, or a universal wall connector.

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