EVgo Inc. Announces Pricing of Offering of Class A Common Stock

LOS ANGELES–(BUSINESS WIRE)–EVgo Inc. (Nasdaq: EVGO; “EVgo” or the “Company”) announced today the pricing of an underwritten public offering of 29,411,765 shares of its Class A common stock, par value $0.0001 per share (the “Class A common stock”), at $4.25 per share. The net proceeds to the Company from the offering, after deducting underwriting discounts and commissions but before other offering expenses, are expected to be approximately $121 million. EVgo has granted the underwriters a 30-

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