EVgo has opened its first station equipped with Tesla Superchargers, a 12-stall site near downtown Chicago that the charging operator says is the first of hundreds of stalls planned across the U.S.
The station, announced on Thursday, is the first under EVgo’s agreement to deploy Tesla hardware through the Supercharger for Business program, which lets outside companies buy Superchargers, brand them as their own and set their own prices while Tesla handles servicing.
“Deploying our first EVgo Supercharger marks an important milestone in growing our customer base while supporting the EV industry’s transition to NACS,” Chief Executive Officer Badar Khan said in a statement.
“By serving both Tesla and non-Tesla NACS drivers, we’re doubling EVgo’s addressable market and continuing to meet EV drivers where they are and where they want to charge,” he said.
The opening comes days after EVgo’s controlling shareholder, LS Power, offered to take the company private, and four days before the charging operator reports its third-quarter results.
The Location
Tesla’s site locator places the station at Riverside Square & River’s Edge, 3145 South Ashland Avenue, a Regency Centers shopping center.
The listing shows a maximum output of up to 325 kilowatts and round-the-clock access, and marks the site as not owned by Tesla.
Prices range from $0.25 per kilowatt-hour overnight to $0.35 per kilowatt-hour between 11 a.m. and 8 p.m., with the same rates for Tesla owners and drivers of other EVs, according to the listing.
The stalls are fitted with Tesla’s Magic Dock, which lets vehicles with either a NACS or a CCS port charge without carrying their own adapter. The site appears in Tesla’s in-car navigation and Trip Planner.
Khan wrote on LinkedIn that the station “offers convenient access to the amenities we know drivers want.”
EVgo said its first Supercharger sites will be at Regency properties. The two companies expanded their partnership in September with plans for more than 400 new stalls at Regency centers in states including Colorado, Florida, Illinois, New Jersey, New York, Pennsylvania, Texas and Virginia, adding to more than 150 EVgo stalls already operating at Regency locations.
EVgo cited Illinois Secretary of State data showing that EV registrations in the state grew nearly 60% over two years, based on counts as of September 15.
Tesla’s Supercharger for Business
Tesla opened Supercharger sales to all interested U.S. businesses in September 2025.
Buyers must order at least four charging posts, hire their own installer and work with a Tesla design engineer on the project, according to the program’s website.
Owners can “monitor your site’s utilization, adjust pricing and track financials anytime using the portal,” Tesla says, adding that it “will handle any required equipment servicing for you.”
“We treat your site like we treat our sites,” the company says, promising a full-service package of network operations, preventative maintenance and driver support with a guaranteed uptime of 97%.
The sites come with “the same hardware, software, pricing controls and service as those in Tesla’s network,” according to Tesla, and owners can have them listed on the in-car map so Tesla drivers are routed to them by the Trip Planner.
That listing is the main draw for operators like EVgo. Tesla says Superchargers account for 99% of fast charging by Tesla drivers in the U.S.
Each V4 post can deliver up to 500 kilowatts to passenger cars, with a cabinet supplying up to 1,200 kilowatts shared across eight posts. The hardware supports vehicle architectures from 400 to 1,000 volts, according to Tesla.
The first third-party-owned Superchargers opened in November 2025 in Land O’Lakes, Florida, under the Suncoast Charging brand.
Convenience store chain Wawa, which hosts more Tesla stalls than any other company, began operating Superchargers it owns in January, starting with a site in Alachua, Florida.
Tesla said in its third-quarter shareholder update that the program “grew to over 600 stalls.”
“These customer-owned chargers allow us to further scale the charging network while ensuring the same performance standards and service standard as Tesla-owned locations,” the company said.
Tesla ended September with 8,904 Supercharger stations and 84,465 connectors worldwide, up 15% and 14% from a year earlier, after adding over 2,100 net new stalls in the quarter.
Tesla’s own network delivered a record 2.0 terawatt-hours of energy in the second quarter, up 30% from a year earlier. The company has also begun selling Semi chargers to businesses in Europe.
EVgo’s Tesla Agreement
EVgo announced the Tesla agreement on August 5, the same day it reported second-quarter results, saying it would add “EVgo Superchargers” to its metropolitan network.
The company said the V4 Superchargers “are capable of up to 500kW / 1000 Volts” and can add up to 200 miles of range in 15 minutes. The sites would carry Magic Dock and longer charging cables so every driver can plug in.
“With this deployment, we look forward to welcoming more Tesla and NACS drivers to the EVgo network,” Khan said then.
In its earnings release, EVgo described the stations as “EVgo-owned and branded V4 Superchargers” and said each site is expected to have up to 20 stalls “located near everyday destinations like retail shops and restaurants.”
The company has not said how many of the planned stalls will open this year, or which cities will follow Chicago.
NACS Retrofits
The Superchargers sit alongside a broader effort to add Tesla’s connector to EVgo’s own chargers.
EVgo began installing NACS connectors in 2025 and had 240 in operation as of July 31. It expects 500 NACS stalls nationwide by the end of 2026, in addition to the Superchargers.
The company aims to have a NACS connector at every site built in 2023 or later within two years. Its NACS-equipped stalls began appearing in Tesla’s navigation in early September, visible to drivers who enable third-party charging locations.
Khan wrote on LinkedIn that EVgo will also include NACS in a next-generation charger architecture “that we expect to begin to deploy beginning in 2027.”
EVgo operates more than 1,200 fast-charging locations across 47 states. It had 5,380 stalls in operation at the end of June, up 24% from a year earlier. Its build-out is backed by a $1.25 billion U.S. Department of Energy loan guarantee that closed in December 2024.
Take-Private Offer
LS Power, which holds about 56% of EVgo’s combined voting power, proposed on Monday to buy the Class A shares it does not already own for $2.00 each in cash.
EVgo’s board has formed a special committee of independent directors to review the non-binding proposal. The company said no decisions have been made and that there can be no assurance a deal will be reached.
EVgo shares jumped 46.8% to $1.85 on Monday. The $2.00 offer is about 59% above the stock’s $1.26 close on October 30, the last trading day before the proposal.
The shares closed at $1.75 on Thursday, down 3.3% on the day.
Results Due Monday
EVgo reported second-quarter revenue of $82.6 million, down 16% from a year earlier, as sales from its eXtend business, which builds and runs charging stations for other companies, fell 52%. Charging network revenue rose 19% to $61.4 million.
The net loss widened to $46.3 million from $29.8 million.
The company guided to 2026 revenue of $400 million to $430 million and to adding between 1,350 and 1,625 new stalls this year.
EVgo is scheduled to report third-quarter results on November 9.
