EVgo purchases Recargo/Plugshare

[wws]

For $25m. Seems like a bargain. Hopefully the plugshare app can remain charging network agnostic. But if not, others like openchargemap can take its place.

EVgo and Recargo Join Forces to Accelerate EV Market Growth

EVgo Inc. (Nasdaq:EVGO), the nation’s largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity

www.businesswire.com

 

[ChadS]

Thanks for pointing out the news. I like Recargo's work. I too hope this means investment and expansion rather than narrowing focus to try to build a fenced garden.

The words in the press release sound very promising (though of course they are what is typically said, and non-binding), as does the fact that Wild is staying on to lead the subsidiary.

(I met Nick at a charging station near me about a decade ago; he moved away but we crossed paths electronically a few times - and in person in LA once - and I was always pleased to hear what he was doing).

 

[Earl]

I fear that's the beginning of the end of an era. Oh well. All good things must eventually end.
I always wondered how they made it last so long. I could never see any profit in it for them.
I hope Brian and Nick made out well for all of their valuable contributions making oil-free transportation easier for us all.

 

[Twiglett]

plugshare is the app that highlights how much of a bad job EVGo have been doing at keeping their chargers running
Can't see that continuing to happen
Unless they can figure out how to loop the outage notifications back - but they'd have to care about them first