EO Charging to expand into the US following Nasdaq listing

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Tim Weaver and Austin Hausmann are to join EO Charging as it expands into the US market. Image: EO Charging.

Electric vehicle (EV) charging firm EO Charging is to open a North American office in early 2022. This new division is to initially focus on electrifying car, van, truck and bus fleets in the US, having already secured a pilot demonstration project in California for a global logistics leader. It is to 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.

The opening of the new US office follows the company announcing in August it is to list in the US on Nasdaq through the creation of a combined company with special purpose acquisition company First Reserve Sustainable Growth Corporation, as well as a period of what EO said is considerable growth for the company, with revenues tripling and headcount doubling in 2020. The company is bringing in two new hires, Tim Weaver and Austin Hausmann, as part of the expansion, with Hausmann bringing over 12 years of dedicated commercial EV OEM leadership to EO, having developed and commercialised over 15 EV platforms for the US market. Weaver, meanwhile, has global executive experience working with private and municipal fleets, OEMs, governments and utilities, and has secured over £300 million (GBP224 million) in incentive funds for EV companies, vehicles and charging in the last decade.

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 US market’s appetite for our charging solutions, following discussions with our current and potential fleet customers, and listened to their needs within the US market and beyond.”

Earlier this year, EO Charging secured a deal with Amazon to install EV chargers in the UK in support of the retail giant’s fleet electrification, and in 2019 it partnered Bulb and Suffolk County Council to launch what the trio claimed to be the country’s first “fully open” charging network.