Charge Enterprises CEO, Andrew Fox, Affirms Target of 1,000 Dealership EV Charging Infrastructure Projects by 2025 Representing Approximately $365MM in Potential Revenue

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Apr 28, 2023

Charge+Enterprises%2C+Inc. (Nasdaq: CRGE) (“Charge” or the “Company”), today provided an update on its progress towards the previously publicly announced target of working with 1,000 retail dealership locations to provide EV charging infrastructure solutions by the end of 2025. Based on current backlog, pipeline data, and current industry pricing, the Company believes the initial installation projects at these 1,000 locations would represent approximately $365MM in potential revenue upon completion of all phases of the projects.