βΒ $469 Million market cap Β· β84.4% from peak
The rise & fall
6 moments Β· 2010β2026
The key moments, with employee sentiment along the way.
2010
π±
2010
Founded
A public fast-charging network built a decade before the EV boom it was waiting for.
Wikipedia
2021
π
2021
The peak: ~$3B in the EV-SPAC frenzy$3B
A SPAC merger takes one of America's largest fast-charging networks public just as EV mania crests.
Macrotrends
2022
π
2022
Slips out of the club
Post-SPAC enthusiasm fades while the losses keep coming; the market cap sinks below $1B.
stockanalysis.com
2023β25
π¬
From the inside Β· Glassdoor reviews, 2023β25
Insider accounts on Glassdoor tracked the descent: layoff rounds in 2023 and again in 2024, recurring worries about funding, and yearly leadership turnover that reviewers said kept reversing company-wide goals. From late 2024 the tone steadied, with reviews describing a calmer, mission-focused workplace as the company rebuilt.
2026
2026
Roughly 87% off the peak
The market cap sits around $0.39B β about an eighth of the SPAC-era high.
stockanalysis.com
Today
Today
Still in the club β and still trading
Live Β· EVGO Β· NasdaqGSas of 2026-09-21
$1.49β² 2.76% todayβ $469M cap Β· β84.4% from peak
π¬ entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor β; dated facts carry their source.
How it happened
EVgo operates one of the largest public fast-charging networks for electric vehicles in the US and reached roughly $3B in value after a 2021 SPAC merger. As post-SPAC EV enthusiasm faded and losses continued, its market capitalization fell sharply β by 2026 to around $0.39B, roughly 87% off the peak. Reviews from late 2024 onward strike a steadier tone, describing a calmer, mission-focused workplace as the company rebuilt.
Source: Public market cap ~$552M (stockanalysis.com, Jun 2026)
Who ran it
Badar Khan
current CEO
Still there β Chief Executive Officer Β· LinkedIn β
Current roles as self-reported on LinkedIn, retrieved 2026-08-19. See our methodology.
