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Revenues Build For Charge Enterprises As Its EV Charger Business Grows

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The ink on Charge Enterprise Inc.’s bottom line isn’t yet black but looking at the company’s first quarter results, its founder and CEO Andrew Fox has every confidence it won’t be long until they won’t be read in red.

What’s driving that income boost for Charge is strong growth is a combination of upward trends in all corners of its business.

The company is also making progress in reaching its goal of providing EV recharging stations at 1,000 dealerships in the U.S. by 2025, which it said, would account for approximately $365 million in potential revenue. While not permitted to discuss specific automakers or brands, Fox said the company worked with 20 different brands just in the last quarter.

 

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