EO Charging announces expansion into U.S. market

EV charging solutions firm EO Charging has announced its expansion into the U.S. market and is to list on the NASDAQ exchange.

The company, which deploys EV charging stations and infrastructure for fleets, has also begun the selection process for its North American office, planned to open in early 2022.

It says the new division will deliver EO’s complete fleet charging ecosystem for businesses and government fleet operators throughout the Americas, as well as additional offerings from EO’s charging products and services.

EO will initially focus on electrifying car, van, truck and bus fleets in the U.S., having already secured a pilot demonstration project in California for a global logistics leader.

Charlie Jardine, EO CEO and founder, said: “It’s no longer a question of whether fleets should electrify, but rather a question of how and when. We have tested the U.S. market’s appetite for our charging solutions, following discussions with our current and potential fleet customers, and listened to their needs within the U.S. market and beyond.

“Expansion into the U.S. is a significant step for EO, laying the foundation for our extensive growth plans in this region and beyond. We look forward to building on our new U.S. team’s deep experience with many of the world’s largest fleets, as well as key infrastructure partners, in deploying electric vehicles and charging solutions.”

EO Charging previously announced an agreement for a business combination with First Reserve Sustainable Growth Corp. which is expected to result in EO Charging becoming a public company listed on the NASDAQ exchange.

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