ChargePanel signs new agreement in the USA

ChargePanel AB (publ) (“ChargePanel”) and EVCharge INC (”EVCharge”) have today signed an agreement including a license for ChargePanel’s Enterprise service and a reseller agreement. EVCharge will work as an EV charging operator and act as a reseller for the services that ChargePanel offers.

EVCharge will act as both a CPO and EMP through ChargePanel’s platform in the American market and the company will also resell ChargePanel’s services to companies who wish to operate under their own brand. The approximate number of connected charging outlets from EVCharge is estimated to reach 500 before the end of 2024.

ChargePanel has recently seen that the number of requests from potential customers in the American market has increased, with this being the second agreement signed in short succession. The American market will be important for the company, with further agreements expected during this year.

”It feels very promising to welcome EVCharge to ChargePanel as it is an ambitious company with a clear agenda to fulfill. To receive the opportunity to sign the second agreement in the USA within a short time-frame shows that ChargePanel’s offer is well received in the market. Our journey of growth continues, and we look forward with confidence to further collaborations in the American market.” – Peter Persson CEO ChargePanel AB (publ)

“We chose ChargePanel as they are a company that has come a long way in the development of their software, and they have a very interesting plan for the future regarding their roadmap in both business and technology.” – Alfred Msemo Founder EVCharge

For further information, please contact:
Peter Persson, CEO, ChargePanel AB (publ)
Phone: +46 (0)8 120 325 01
The company’s Certified Adviser is Eminova Fondkommission

About ChargePanel AB (publ)

ChargePanel AB (publ.) 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 and Australia, 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.