EO Charging – “the gateway to the future of mobility”

East Anglian based company EO Charging has successfully secured £13 million of investment from Zouk Capital in its continuing growth, reports Current New.co.uk. Founded by Charlie Jardine in 2015, EO Charging earlier…

East Anglian based company EO Charging has successfully secured £13 million of investment from Zouk Capital in its continuing growth, reports Current New.co.uk.

Founded by Charlie Jardine in 2015, EO Charging earlier this year held the record for the biggest single site installation of electric vehicle chargers. The company has ‘manufactured over 5,000 charging stations used across homes, fleets and destinations’ working ‘with the likes of Uber, Addison Lee, Google, and Hampshire Police, and completed the installation of 41 smart-connected chargers at one of Gnewt Cargo’s London depots’, reports the online news agency.

This Suffolk business is currently selling its products in 25 countries around the world and expects to grow rapidly over the next three years, with the mass adoption of electric vehicles.

Founder/chief executive of EO Charging, Charlie Jardine, said: “We’re currently witnessing a revolution in the automotive industry, one that’s akin to when the combustion engine took over from the horse and cart. EV chargers are more than ‘just a plug’; they’re the gateway to the future of mobility and the first piece of the puzzle in giving people energy autonomy. And added “We’re a small company with big ambitions and want to become the number one electric vehicle charging manufacturer, for homes, workplaces and fleets, globally by 2025. This investment will catapult EO into an exciting phase of growth and help us shake-up the rapidly growing EV charging industry.”

The £13 million investment by Zouk, which also invests in fast-charging firm Instavolt, will initially be used to grow the EO Charging team, which currently stands at 20 employees to around 30 by the end of 2018, as well as furthering their product development range. The remaining funds will be used for a new ‘charging as a service’ model, similar to Instavolt’s model, offering to install units free of charge, which then EO Charging will take a portion of revenue over the course of the contract length.

Partner at Zouk Capital Colin Campbell, commented: “We consider EO Charging to be the most exciting young company in the AC charging space with a unique range of high quality yet competitively priced solutions, software and hardware for commercial and private buyers. Colin added, “We have tracked EO for over a year and we believe that Zouk will help unlock the huge opportunity ahead for the company operating in an important part of the EV charging market.” To read more go to Current News.co.uk

From one Suffolk business to another, congratulations to EO Charging.

You can see both EO Charging and us at the evDriver Experience Day, we’ll be taking our ZeroSuper Soco, and Oset Motorcycles.

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Supercharged Servicing

Being an exclusively electric dealer within the UK we have found ourselves receiving enquiries through the entirety of the country and currently have many of our customers based as far north as the highlands and as far south as Poole.

Very quickly we decided it was important to offer a comprehensive, reliable and reasonable nationwide delivery and mobile service to enable the sale of any of our brands within our range to anywhere within the country.

Inductive Insurance

Although electric motorcycles and scooter insurance is a relatively new, small but growing market we are glad to say that to insure any of our electric motorcycles will not cost any more than an equivalently priced and powered combustion models.

We’ve scouted high and low to find the best possible insurance for electric motorcycles and electric scooters and turns out the best guys in the electric insurance industry happened to be based just down the road from us!

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New technology is not truly effective if the systems that back it are outdated. Along with our travelling demo days and pop up showrooms we are offering a comprehensive mobile servicing system for electric motorbikes, meaning less cost and downtime for you whilst the minimal service needs your electric motorcycle has are met. Service costings and frequency vary for each brand and model but a general service undertaken at our workshop can be as little as £60 ex VAT.

Delivery and Demos

New technology is not truly effective if the systems that back it are outdated. Along with our travelling demo days and pop up showrooms we are offering a comprehensive mobile servicing system for electric motorbikes, meaning less cost and downtime for you whilst the minimal service needs your electric motorcycle has are met. Service costings and frequency vary for each brand and model but a general service undertaken at our workshop can be as little as £60 ex VAT.

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