EVgo, Inc. (EVGO) Deploys Over 40% Of Stations Using Prefabricated Modular Skids

EVgo, Inc. (NASDAQ:EVGO) is among 10 Best EV Stocks to Buy Heading into 2026

EVgo, Inc. (EVGO) Deploys Over 40% Of Stations Using Prefabricated Modular Skids

As per theFly, EVgo, Inc. (NASDAQ:EVGO) reported on December 16 that prefabricated modular skids made domestically were used in over 40% of its charging stations installed in 2025. A strong rate of new station installation early in the fourth quarter helped the company surpass its deployment target before year-end. The business stated that its collaboration with Miller Electric Company accelerated installation plans and lowered average station installation costs by 15%.

Before being shipped to the installation location, Miller Electric’s prefabrication procedure assembles all of the charging equipment into a single base frame composed of American steel and aluminum. According to the business, increased collaboration with Miller Electric since 2023 has helped create jobs locally. Miller Electric currently employs over 1,400 people in the Jacksonville area and is expanding the capacity of its prefabrication unit.

Besides that, EVgo, Inc. (NASDAQ:EVGO) announced in December 2025 that it had completed more than five million Autocharge+ charging sessions. Since 2023, the company has seen a six-fold spike in Autocharge+ enrollment, with over 300,000 clients joining. Autocharge+ is presently available for about 80 EV models, and as more cars hit the market, eligibility is anticipated to grow. As per the firm, Autocharge+ makes fast charging easy and convenient by eliminating the need for manual authentication procedures at the charging station.

EVgo, Inc. (NASDAQ:EVGO) owns and maintains a public direct current fast charging network in the United States. Its network of charging stations offers businesses and consumers facilities for charging electric vehicles.

While we acknowledge the risk and potential of EVGO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than EVGO and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025.

Disclosure. None