Eaton and Charge Enterprises Collaborate on Fleet Charging
Eaton and Charge Enterprises, Inc., through its portfolio company, Charge Infrastructure, announced today a strategic collaboration to fast-track electric vehicle building (EV) charging infrastructure for fleets and car dealers. Eaton Corporation and Charge Enterprises have made a collaborative stride towards targeting U.S. fleets to expedite the establishment of electric vehicle charging infrastructure. Recognising the escalating importance of sustainable transport for the future, the two companies are leveraging their unique expertise to set up a robust, nationwide network of charging stations. This initiative will ensure that fleets across the United States have access to efficient and convenient EV charging, accelerating the transition of the transport sector towards a more sustainable future.
With the United States setting an ambitious goal for EVs to constitute 50% of all vehicle sales by 2030, and the Inflation Reduction Act (IRA) offering enticing tax credits of up to $40,000 for commercial vehicles, the need for convenient, reliable, and affordable EV fleet charging has become more pressing than ever. Eaton Corporation and Charge Enterprises are stepping up to this challenge by delivering a comprehensive EV charging infrastructure designed specifically for fleet electrification. Their ground-breaking projects not only incorporate renewable sources of energy, but also enable net-zero models, reflecting their commitment to promoting sustainable practices and contributing to a greener future.
“Working closely with Eaton, we’re offering a premier solution for fleets.Eaton is delivering intelligent and innovative electrical solutions for affordable and sustainable EV charging, while Charge integrates years of vehicle expertise and premium services to develop, plan and create fleet models that support Total Cost of Ownership (TCO) and maximize EV uptime as well as provide remote maintenance and monitoring,” said Mark LaNeve, President of Charge. “Furthermore, our collective focus on safety, reliability and scalability only strengthens the solution delivered to the client,” said LaNeve.
“At Eaton, we’re all in on electrification, and we’re proud to work with Charge to expedite and simplify EV charging projects and enable fleets across the U.S. to rapidly achieve new levels of sustainability and cost savings,” said Paul Ryan, director of Connected Solutions and EV Charging at Eaton.
Together, Charge and Eaton will deliver an integrated EV charging infrastructure, encompassing not only the hardware and software, but also services, training, maintenance, and support for onsite renewables and energy storage systems. This comprehensive package is tailored to meet the unique needs of each client. Charge will be responsible for providing customer-specific infrastructure services, drawing upon their automotive expertise, and developing custom ancillary software solutions. On the other hand, Eaton will offer its prowess in EV charging solutions, power distribution equipment, and energy storage systems. This includes supplying its renowned EV chargers and Charging Network Management software. Moreover, Eaton will provide the requisite expert services and innovative products to seamlessly integrate renewables and energy storage into EV charging applications, thereby ensuring a holistic approach towards sustainable transport infrastructure.
About Eaton
Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re accelerating the planet’s transition to renewable energy, helping to solve the world’s most urgent power management challenges, and doing what’s best for our stakeholders and all of society.
Founded in 1911, Eaton is marking its 100th anniversary of being listed on the New York Stock Exchange. We reported revenues of $20.8 billion in 2022 and serve customers in more than 170 countries. For more information, visit www.eaton.com. Follow us on Twitter and LinkedIn.
About Charge Enterprises, Inc.
Charge Enterprises, Inc. is an electrical, broadband and EV charging infrastructure company that provides clients with end-to-end project management services. Charge Enterprises operates in two segments: Infrastructure, which has a primary focus on EV charging, broadband and wireless, and electrical contracting services; and Telecommunications, which provides connection of voice calls and data to global carriers. The company’s vision is to be a leader in enabling the next wave of transportation and connectivity. By building, designing, and operating seamless infrastructure for electric vehicles, Charge Enterprises aims to create a future where transportation is clean, efficient, and connected and to empower individuals, communities, and businesses to thrive in a more sustainable world. The company’s plan is to cultivate repeat customers and recurring revenue by deploying a multi-phased strategy, initially where investment in the EV charging revolution is taking place, the nation’s approximately 18,000 franchised auto dealers.
