What’s Happening: Charge Enterprises, Inc. and Eaton, an intelligent power management company, have announced a strategic partnership to expedite electric vehicle (EV) charging infrastructure deployment for fleets and car dealers. The collaboration aims to address the increasing demand for convenient, reliable, and affordable EV fleet charging solutions, as the U.S. targets 50% of all vehicle sales to be EVs by 2030.
Why It Matters: The partnership between Charge and Eaton comes at a crucial time, as the Inflation Reduction Act (IRA) offers tax credits of up to $40,000 for commercial vehicles. The alliance between the two companies will provide comprehensive EV charging infrastructure for fleet electrification, including projects that incorporate renewables and enable net-zero models.
Key Points:
- Charge and Eaton will provide a premier solution for fleets, focusing on safety, reliability, and scalability.
- Eaton will deliver intelligent and innovative electrical solutions for EV charging, while Charge will integrate its years of vehicle expertise and premium services.
- The collaboration will offer complete EV charging infrastructure solutions, including hardware, software, services, training, maintenance, onsite renewables, and energy storage systems support.
- Charge will supply client-centric, customized infrastructure services, automotive expertise, and ancillary software solutions.
- Eaton will provide EV charging solutions, power distribution equipment, and energy storage systems, such as its EV chargers and Charging Network Management software, along with expert services and products to integrate renewables and energy storage into EV charging applications.
Bottom Line: The strategic collaboration between Charge Enterprises and Eaton aims to significantly speed up the deployment of EV charging infrastructure for fleets and car dealers, addressing the growing need for convenient and reliable charging solutions. The partnership will provide