7 Top EV Charging Companies (2023-2024)

Electric Cars
Updated On - February 1, 2024

The need for more reliable and efficient charging solutions is growing as more and more people switch to EVs. This is where electric vehicle charging companies come into play.

These companies are at the forefront of shaping the future of transportation by building and maintaining EV charging infrastructure. They are paving the way for a cleaner and greener future.

What you will learn here:

With the increase in electric vehicle demand, these charging companies’ importance has risen.

Let’s see some data about EV charging networks around the globe.

China ranks first in the number of publicly available EV charging stations, with 1.8 million charging stations whereas the US ranks third. In the US the ratio of electric vehicles per charging point is about 18 with almost 50,000 EV charging stations. Out of these 93% of them are publicly accessible. The infrastructure bill in the US in 2021 allocates about $7.5 billion towards building 500,000 more public EV chargers by 2030.

In this brief, we have researched and gathered the top 7 EV charging companies in the market.

Let’s dive into the details!

Top EV Charging Companies In The Market

EV Charging Companies	Founded / HQ
Tesla	USA
Chargepoint	USA
EVgo	USA
Electrify America	USA
Volta	USA
Blink	USA
ABB	Sweden

We’ll take a closer look at these top EV charging companies here.

1. Tesla Chargers

Tesla has many charging options for their electric vehicles, including home charging and Superchargers.

Home charging solutions are mobile portable connectors, wall connectors, and universal wall connectors.

Tesla Supercharger network is designed to provide rapid charging for Tesla electric vehicles. These chargers are strategically located along popular travel routes.

What sets the Tesla Supercharger apart from other charging options is its speed. There are over 50,000 Superchargers installed in the US. Plus, there are over 40,000 wall connectors at destination charging locations.

In Canada, Tesla has over 189 Tesla Supercharger locations. In Europe, over 900 Tesla Supercharger station locations. Some of the countries with Tesla’s Supercharger network are Germany, France, the UK, Norway, Sweden, Italy, Spain, Netherlands, Austria, and Switzerland.

2. Chargepoint

ChargePoint is an American electric vehicle charging infrastructure based in California. It is the largest online network of independently owned EV charging stations in 14 countries.

In the US, they account for about 43% of public charging ports. The company holds more than 65% of the electric vehicle charging network market share.

The ChargePoint chargers are present in 16 countries in Europe. Currently, 45,000 charging points are available in Europe by Chargepoint.

ChargePoint has more charging stations than Tesla in the US. They are primarily a level 2 charging network throughout the country. In the fast charging front, Tesla has more stations than Chargepoint. The home flex is their level 2 charger which is popular among EV owners…Read in-depth review.

The company was founded in 2007 and they have < 5000 employees. The HQ is in Campbell, California, USA. The company has recently raised new funds of $232 million.

To sign up for a Chargepoint, you can download the app or go to their website.

3. EVgo

EVgo is another leading EV charging company at the top of EV charging companies. They are mainly known as DC fast charging networks.

Let’s look at some recent growth in EVgo. In the second quarter of 2023, the company’s revenue increased to a record $50.6 million. This is an increase of %457 year-over-year. Plus, they have added more than 82,000 new customer accounts.

The company is present in all 34 states of the US and compatible with all major manufacturers.

They have started the company in 2010 as a clean energy. In 2021, they also acquired Recargo, the California company which develops the PlugShare application for locating EV charging stations. They also announced a collaboration with GM to expand the compatibility for GM vehicles.

EVgo fast charger is compatible with battery electric vehicles, plug-in hybrids and hybrid EVs. Many EVgo charging stations have Tesla connectors for Tesla owners.

EVgo’s public fleet charging business continues to scale, with growth driven by collaborative partnerships with Uber and Lyft. The company also launched a new dedicated charging hub site. We have written a comparison between EVgo and ChargePoint where you can check as well.

4. Electrify America

Electrify America is one of the largest open DC fast charging networks in the US. Electrify America was honoured with the “EV Charging Infrastructure Best-in-Test” award for 2020 and 2021 by umlaut.

Currently, they have 840 charging locations and over 3,700 charging dispensers.

The company was founded in 2017 and has < 300 employees. Their annual revenue is about $79 million (Source). They are expanding and entered an agreement with TravelCenters of America to expand the electric vehicle infrastructure. To reach 49 states and the District of Columbia. Investing more than $2 billion in Zero Emission Vehicles (ZEV).

The Electrify America app helps users find, charge, and manage their electric cars. Users can check real-time charger availability, view charger details, and save favourite stations.

Electrify America provides home charging solutions through Electrify Home and expert solutions for businesses with electric vehicle charging programs through Electrify Commercial.

They have many discounts and promotions for charging sessions. For example, owners of 2023 Volkswagen ID.4 vehicles can claim 30 minutes of DC fast charging or 60 minutes of Level 2 charging at Electrify America stations.

Or owners of the 2022 and 2023 iX, i4, and i7 models can enjoy the benefit of qualifying for a generous offer: 30-minute DC Fast Charging sessions, completely free of charge, for a duration spanning two to three years.

5. Volta Charging

Volta Charging is an American electric vehicle infrastructure company. Volta’s charging stations seamlessly support a variety of plug-in hybrid and battery-electric vehicle models across the United States.

These charging stations primarily operate at Level 2, providing charging speeds ranging from 6 kW to 10 kW. Additionally, our network includes DC fast charging stations with speeds ranging from 50 kW to 100 kW.

Volta was founded in 2010 based in California USA. They have < 250 employees. In 2023, Shell USA acquired the company for about $169 million. The company’s annual revenue is about $29 million.

Volta has around 3000 charging points across 31 states in the USA.

Volta strategically positions its charging stations in prominent areas, such as shopping centers and grocery stores, to enhance the convenience and accessibility of EV charging services. The Charging for All initiative also throws in an evergreen educational platform spread all over the Volta Media™ Network, Volta’s social channels, and Volta’s website. All are aimed at nudging drivers to consider making the switch to electric vehicles.

Volta’s got this cool business model that’s a bit different.

They mix up EV charging with a media network. You see, their charging stations have these big digital screens that pop up ads. That’s how they make extra cash, which helps fund the charging network. Cool, right?

6. Blink

Blink Charging is a company that makes EV charging solutions. They have different business models for host locations, subscription models and full ownership.

They have over 73,000 charging ports in different countries around the globe. The company was founded in 2009 and the HQ is in Miami, Florida, USA. In 2013, they acquired 3 EV charging services to make them the largest EV charging services owner in the United States. The total revenue of the company increased by $32.8 million for the second quarter of 2023, equivalent to %186 increase.

Blink has chargers in transit and destination locations like airports, car dealers, healthcare facilities, and hotels. Plus, residents and condos and many more public places.

7. ABB

ABB offers a wide range of electric vehicle charging solutions, from AC wall boxes to DC fast charging stations with robust connectivity.

Their new addition to DC charging is the fastest DC charger. It is called ABB Terra 360 and can deliver 100km of range in less than 3min. This solution is ideal for urban charging stations, retail parking and fleet applications.

Plus, it is a modular charger that can simultaneously charge up to four vehicles with dynamic power distribution. It can fully charge any electric car in 15 minutes or less.

The company was founded in 1988 and is based in Sweden. They entered in EV charging sector in 2010 and today has a portfolio of EV charging hardware, software and services for cars, public transport and heavy-duty vehicles.

In the worldwide EV charging industry, they have sold more than 680,000 electric vehicle chargers in more than 85 markets. ABB E-mobility announced a manufacturing expansion in South Carolina, a training center in Sugar Land, Texas, and an R&D facility in Southern California in 2022.

ABB has invested $14 billion in the U.S. since 2010, creating jobs, encouraging innovation, and achieving a more productive, sustainable future.