The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: William Chapman Peterson - JPMorgan Chase & Co, Research Division - Analyst
: You saw the EVgo team at ACT Expo last week and I'm sure you had a number of conversations with fleets, but I guess specifically, are the fleets
really focusing on the eXtend offering or they more like your rideshare and autonomous vehicle partners that maybe prefer to use your own owned
and operated network?
Question: William Chapman Peterson - JPMorgan Chase & Co, Research Division - Analyst
: Yes. Yes. That's exactly the question. Okay. That makes sense to me. Second question, so you talked about utilization and Los Angeles being the
highest market. If you can give us a feel for where that is and maybe look in heaven, like, where would you want utilization to level out at? Would
you prefer to drive it higher in LA, for example, or would you want to kind of keep awareness and just kind of add sites to kind of match the growth
of cars in the market? Just trying to get a feel for how you -- especially around the pandemic where you would like the utilization to be ideally to
not trade too much friction, but obviously give you the best return?
Question: Alexander John Vrabel - BofA Securities, Research Division - Analyst
: Cathy, Olga, I appreciate at the outset all the commentary about utilization and throughput and some of the drivers there. I'm curious just because
to your point, Cathy, we're sort of in very early stages of Uber offering, Comfort Electric, and I think still, sort of coming out of the COVID era of
people not doing rideshare in the first place. Where would you say we are, sort of in the stage of that piece of your, sort of network picking up?
And also curious, I think Olga, you mentioned the acceptance rate on EVs driving higher revenue per stall or per charging session as well. We're
definitely seeing that EVs can clearly take a lot more charge than they used to. Curious if you can unpack sort of those 2 drivers a little further and
where you think we are in the process of those things ramping up?
Question: Alexander John Vrabel - BofA Securities, Research Division - Analyst
: Got it. Appreciate the color. One just quick housekeeping, I guess, you know, question for me. Just as far as the pipeline, I know that does tend to
move around a little bit as far as the active development pipeline, but narrowed in this quarter versus last, I'm just curious if you can help us frame
like exactly how that's defined, why it's narrowed in. I know some others were asking as far as your, sort of, hurdle rate or how you look at future
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