ChargePanel signs its third customer agreement in Kenya ChargePanel AB (publ) (“ChargePanel” or the “Company”) announces that the Company has signed an agreement with ePureCharge, an electric car charging company in Kenya. Through this agreement, ePureCharge will from September/October 2024 use the Enterprise subscription service.
ePureCharge is an EV charging solutions provider in Kenya that specializes in installing both DC and AC chargers for various uses including private homes, hotels and shopping malls. By offering innovative and reliable charging solutions, ePureCharge aims to support the growth of electric vehicles in Kenya and promote sustainable transport infrastructure.
ePureCharge is ChargePanel’s third customer in the Kenyan market, which is in line with the Company’s goal of growing globally. The agreement is covered by the Enterprise subscription service where the Company will deliver a White Label solution to ePureCharge in September/October 2024. Thus, the agreement will affect ChargePanel’s revenue starting from Q4. Through ChargePanel’s White Label solution, ePureCharge can efficiently manage complex charging networks under its own brand, while offering a smooth and seamless experience for both operators and end users. The goal of the customer agreement is to install over 1,000 charging points before the end of 2025.
“Our partnership with ChargePanel marks an important milestone in our strategy to scale electric vehicle infrastructure across Africa. By leveraging ChargePanel’s innovative technology through the ePure platform, we can integrate charging stations from different manufacturers and deliver a seamless experience to our customers, regardless of the different charging operators in our network.This collaboration accelerates our mission to drive rapid adoption of electric cars and promote sustainable mobility solutions in Kenya and beyond.” – Dr. Gilbert Saggia, Chairman of the Board of ePureCharge
“We are very pleased to welcome ePureCharge as a new customer in Kenya. This agreement is a testament to our strong position in the market and our work to drive the development of charging infrastructure globally. Establishing our third agreement in Kenya is an important achievement for ChargePanel and a step closer to our vision to promote the shift towards sustainable vehicle fleets worldwide. We look forward to starting the collaboration with ePureCharge and are positive about the interest in the Kenyan market” – Peter Persson, CEO at ChargePanel AB (publ).
For further information, please contact:
Peter Persson, CEO, ChargePanel AB (publ)
Email:
Phone: +46 (0)8 120 325 01
About ChargePanel AB (publ)
ChargePanel is a GreenTech company that offers innovative B2B solutions within e-Mobility.
ChargePanel offers a white-label SaaS-platform for the operation and management of electric vehicle charging networks. The platform enables electric vehicle driver access to a user-friendly app for charging and is independent of both electricity companies and manufacturers of charging infrastructure.
Since the start, The Company’s focus has been towards developing the technical platform as well as increasing the interest and connecting with selected strategic partners and customers. The company provides solutions in Sweden, Norway, Great Britain, Romania, Morocco, Kenya, Uganda, Malta, the USA, Australia, Malaysia, the Philippines and Barbados with the ambition to grow with its customers into new geographic markets and has adopted a growth strategy which includes multiple continents before the end of 2025. The Company’s strategy is both sustainability and customer-centric. Smarter electric vehicle charging through ChargePanel’s platform facilitates the transition from fossil-fuel vehicles to electric vehicles for both private individuals and companies. This is in line with the climate goals of most countries and regions, and the incentives for electric vehicles will increase sharply in the future.
The Company was founded in 2014 and has its headquarters in Stockholm, Sweden. ChargePanel AB (publ) is listed on Nasdaq First North Growth Market and The Company’s Certified Adviser is Eminova Fondkommission.