ChargePanel AB (publ) and EVPoint Ltd – (hereinafter referred to as the Company), enter into a cooperation for charging electric vehicles in Malta.
The company has today signed an agreement with ChargePanel for the subscription service Enterprise. The company intends to use ChargePanel’s SaaS platform for the expansion and management of charging networks for electric vehicles in Malta. The company plans to connect both AC and DC charging stations and estimates that over 300 charging outlets will be connected to ChargePanel’s Enterprise service by the end of 2023.
ChargePanel Enterprise is a subscription service of ChargePanel’s SaaS platform for larger corporate customers that will enable the Company to control and manage entire networks of electric vehicle infrastructure and provide charging services to electric vehicle drivers. The agreement is a first step in the collaboration between ChargePanel and the Company, where the ambition is to develop new solutions and functions for the market in the long term that can strengthen both parties.
“The agreement with EVPoint is exciting as the company has great opportunities to take a dominant position in the market of Malta. In addition, the agreement strengthens our strategy to expand into new markets. I am convinced that our offer combined with EVPoint’s business goals for the local market will lead to a successful collaboration” Peter Persson, CEO ChargePanel
About ChargePanel AB (publ)
ChargePanel AB (publ.) is a B2B GreenTech company that offers innovative 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 and Malta 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.