DC Fast Chargers
5,600+
End of 2025; ~16% YoY
Stations
1,080+
47 states + Canada
Original 2026 Target
10,000 chargers
Behind schedule
Valuation
~$2.45B
Siemens 2022 round
Funding History
Total raised: $2.45B+ · Latest valuation: ~$2.45B (Jun 2022)
| Round | Date | Amount | Valuation | Key Investors |
|---|---|---|---|---|
| VW Dieselgate Settlement (4 cycles) | 2017-2026 | $2B | — | Volkswagen Group |
| Minority Stake Sale | Jun 2022 | $450M | ~$2.45B | Siemens Financial ServicesVolkswagen Group (re-up) |
Product Specifications
| Feature | Details |
|---|---|
| Network Type | Open DC fast-charging (CCS-1 + NACS) |
| Max Power | Up to 350 kW per Hyper-Fast connector |
| Stations | 1,080+ stations across 47 US states + DC + Canada |
| Chargers | 5,600+ individual DC fast chargers (end of 2025) |
| Payment | App, contactless tap-to-pay, Plug&Charge (ISO 15118) |
| Roaming | Native integration with Ford, GM, Hyundai/Kia, Mercedes-Benz, Honda apps |
Partnerships & Investors
Volkswagen GroupParent Company
Majority owner; committed $2B over four ZEV investment cycles per dieselgate settlement
SiemensStrategic Investor
Minority shareholder since Jun 2022 ($450M); board representation
General MotorsRoaming Partner
In-app charging access via myChevrolet/myGMC/myCadillac apps from Jan 2026
FordRoaming Partner
Ford EV owners access EA network via FordPass and Tesla NACS adapters
Hyundai / KiaRoaming Partner
Complimentary charging credits for IONIQ 5/6, EV6, EV9; native NACS port from MY2025
Mercedes-BenzRoaming Partner
MBUX integration and complimentary charging program
StellantisRoaming Partner
Charging compatibility for Jeep, Dodge, Chrysler EVs (NACS adoption from Nov 2025)
Key Milestones
2017
Company Founded
Established as part of VW's $2B Dieselgate Zero Emission Vehicle (ZEV) investment plan over 10 years
2018
First Stations Open
Initial DC fast-charging stations come online across multiple states
Jun 2022
Siemens Becomes Minority Shareholder
$450M investment from Siemens Financial Services and VW values EA at ~$2.45B; Siemens takes board seat
Jun 2023
NACS Adoption Announced
Commits to add NACS connector to network by 2025 alongside existing CCS
2024
4,800+ Chargers
Network reaches 4,800+ DC fast chargers across the US and Canada
2025
5,600+ Chargers
Expands to 5,600+ chargers at 1,080+ stations across 47 US states + Canada (~16% YoY growth)
Jan 2026
GM In-App Integration
GM integrates EA's 5,000+ stations directly into myChevrolet, myGMC, and myCadillac apps
2026
Largest NEVI Operator
Reportedly responsible for ~85% of NEVI-compliant chargers installed nationwide