Mahima Kakani's questions to EVgo (EVGO) leadership • Q2 2025
Question
Mahima Kakani from JPMorgan Chase & Co. questioned why the robust stall build schedule is heavily back-end weighted despite current liquidity and asked about future utilization trends, including seasonality and the impact of NACS integration.
Answer
CEO Badar Khan attributed the back-weighted build schedule to the standard 12-18 month deployment timeline, though he noted the company is exploring ways to accelerate this. He explained that rising charge rates, not just utilization percentages, are a key driver of throughput growth. Khan confirmed the presence of seasonality in charge rates, which are typically higher in summer, and sees the NACS rollout as a positive tailwind for future usage.