Charge Enterprises Inc - CRGE STOCK NEWS

Charge Enterprises Inc. and Autel Energy are partnering to deliver EV charging infrastructure solutions. The global EV market is predicted to reach $693.7 billion by 2030. EV adoption, government spending, and manufacturers' policies are driving market growth. Charge aims to be a leading infrastructure provider and is focused on the dealership segment. The current EV charging infrastructure market is expected to reach $121.09 billion by 2030.

Charge Enterprises, Inc. (NASDAQ: CRGE) announces participation in the Ladenburg Thalmann Technology Expo 2023 on April 27, 2023, at 10:30 AM ET. Andrew Fox, the Founder, Chairman, and CEO, will present the company's vision and strategy, focusing on the future earnings potential of its EV charging infrastructure segment. Charge Enterprises operates in two primary segments: Infrastructure, which emphasizes EV charging and telecommunications, and Telecommunications, providing connections for voice and data. The company aims to lead in electric vehicle infrastructure, targeting growth through strategic investments in the nation’s franchised auto dealers. The presentation will be webstreamed and archived on their Investor Relations page.

Charge Enterprises, Inc. (CRGE) reported a record $107 million in signed infrastructure project backlog as of March 31, 2023. This growth is primarily driven by its EV Infrastructure Division, which now constitutes over 20% of the total backlog. The company reaffirms its strategy to invest in EV charging infrastructure, showcasing strong demand for its services.

CEO Andrew Fox highlighted that this backlog growth indicates the company's strong foothold in EV charging, broadband infrastructure, and electrical contracting markets. Charge aims to support the transition from gas to electric vehicles, reinforcing its position as a trusted advisor in EV charging ecosystems.

Charge Enterprises (NASDAQ: CRGE) will host a public webcast on May 10, 2023, to discuss its first quarter 2023 financial results. The event will feature key executives, including CEO Andrew Fox and CFO Leah Schweller, who will review the company's performance and answer previously submitted questions. Results will be released before market opening on the same day. Investors can access the webcast live or through a replay on the company’s website within 24 hours. Charge Enterprises focuses on infrastructure for EV charging, broadband, and telecommunications, aiming for sustainable growth and repeat customers, particularly through its strategy targeting 18,000 franchised auto dealers.

Charge Enterprises (NASDAQ:CRGE) will participate in the Electric Vehicle & Auto Tech Virtual Conference on March 30, 2023, at 9:00 a.m. ET. The event will focus on Innovations in EV Charging, featuring insights from Andrew Fox, the Founder and CEO, and Mark LaNeve, the President of the company. Registration for the conference is available on M-Vest. Charge Enterprises aims to lead in EV charging infrastructure, with a strategy focused on the nation’s 18,000 franchised auto dealers. This initiative aligns with their vision for a sustainable future in transportation.

Charge Enterprises (Nasdaq:CRGE) has partnered with Eaton to enhance EV charging infrastructure for fleets and car dealers. This collaboration aims to streamline deployment as the U.S. targets EVs to account for 50% of vehicle sales by 2030. With support from the Inflation Reduction Act, offering tax credits up to $40,000 for commercial vehicles, the initiative focuses on reliable and affordable EV fleet charging. The partnership will provide integrated services including hardware, software, and training while emphasizing sustainability and cost-efficiency. This strategic move positions Charge as a key player in the growing EV market.