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Charge Enterprises Inc - CRGE STOCK NEWS

Welcome to our dedicated page for Charge Enterprises news (Ticker: CRGE), a resource for investors and traders seeking the latest updates and insights on Charge Enterprises stock.

Charge Enterprises, Inc. (CRGE) is a leading electric vehicle (EV) charging, electrical, and broadband infrastructure company based in New York. The company offers end-to-end project management services, from design and installation to monitoring and maintenance. Charge focuses on providing innovative infrastructure solutions to clients, including automotive fleet operators, real estate owners, and government entities. Recent partnerships with major players like Ford, Stellantis, Eaton, and Autel demonstrate Charge's commitment to growth and industry leadership. With approximately 62,000 charging stations in the U.S. compared to 168,000 gas stations, Charge is uniquely positioned to capitalize on the growing EV market. The recent recapitalization led by Arena Investors, LP, aims to support Charge's expansion and drive profitability. Scott Haeger, a seasoned executive, has been appointed as the interim CEO to steer Charge towards sustainable growth and success.

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Charge Enterprises, Inc. (NASDAQ:CRGE) announced the appointment of Jim Biehl as Chief Legal Officer and Corporate Secretary. Biehl brings over 30 years of legal experience from his previous role at Tyme Technologies, where he was also Chief Legal Officer. Charge Enterprises focuses on providing electric vehicle (EV) charging infrastructure and telecommunications solutions. Biehl's expertise in corporate governance and securities law is expected to enhance the company's capabilities as it pursues advancements in infrastructure and technology.

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Charge Enterprises (NASDAQ:CRGE) is developing a cloud-based software platform aimed at automating the management and monitoring of diverse EV charging systems. Set for early 2023 deployment, this technology will offer real-time data and centralized oversight for various charger brands. With EV sales expected to surge, reaching ten times current levels by 2030, the company anticipates significant infrastructure investment exceeding $95 billion. The initiative positions Charge as a leader in the EV infrastructure market, enhancing operational efficiency and providing clients with integrated solutions.

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Charge Enterprises appoints Jim Bunnell as Executive Director of Automotive Dealer Channel Operations. With over 30 years of experience, Bunnell will oversee project execution and process optimization as car dealers must invest significantly in EV charging infrastructure. Charge collaborates with over 16,000 U.S. dealers to facilitate their transition to electric vehicles (EVs) by providing tailored charging solutions. Major automakers, including Ford, are urging dealers to make substantial investments to become EV certified by the end of 2022.

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Charge Enterprises (NASDAQ:CRGE), a leader in electric vehicle infrastructure, announced that its President and CEO, Paul Fettuccia, will participate in the EV Charging Infrastructure US Conference in New York on October 5-6, 2022. Fettuccia will discuss the company's capabilities in implementing the 'Dig Once' policy, which promotes the simultaneous construction of EV charging stations and broadband infrastructure. He will also highlight the importance of building reliable systems through modular construction, aiming to streamline deployment and reduce costs.

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Charge Enterprises (CRGE) announced participation in the Dawson James 2022 Small Cap Growth Conference on October 12, 2022, at 11 a.m. ET. Andrew Fox, Founder and CEO, and Leah Schweller, CFO, will discuss the company’s role in developing Electric Vehicle (EV) charging and 5G Wireless Networks. The event will feature a webcast accessible via their website, along with opportunities for one-on-one meetings with investors. Charge's focus includes telecommunications and infrastructure solutions for broadband and EV charging.

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Charge Enterprises (Nasdaq:CRGE) announced participation in the UBS Future of Electric Mobility Virtual Conference on October 3, 2022. Founders Andrew Fox and CFO Leah Schweller will discuss Charge's initiatives in Electric Vehicle (EV) charging infrastructure and 5G Wireless Networks. The company aims to strengthen its role in these sectors, which include broadband and EV charging solutions. An investor presentation will be available on the company’s website. Stakeholders can schedule one-on-one meetings through their UBS representative.

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Charge Enterprises (NASDAQ:CRGE) will present at the Sequire Renewable Energy & Power Conference on September 29, 2022, at 10:30 a.m. ET. Andrew Fox, the Founder, Chairman, and CEO, will discuss the company's initiatives in electric vehicle charging and wireless networks. The event will include a live webcast and one-on-one meeting opportunities. Charge has a strong telecommunications and infrastructure division, focusing on broadband and EV charging solutions. For more details, visit the company's website.

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Charge Enterprises, Inc. (Nasdaq:CRGE) has signed a master service agreement with City Parking, New York City's largest private parking management provider, to implement EV charging infrastructure at its 135 locations. Charge will offer tailored EV charging solutions, including strategic planning, utility coordination, and installation. City Parking aims to enhance customer experience while supporting the transition to electric vehicles. This partnership positions Charge favorably as demand for EV infrastructure grows amidst the increasing utilization of electric vehicles.

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Charge Enterprises (Nasdaq:CRGE) announced its subsidiary, ANS Advanced Network Services, is sponsoring the New York State Wireless Association Wireless Forum on September 15-16, 2022, in Saratoga Springs, NY. The event aims to foster collaboration among industry leaders and government officials on important telecom and broadband infrastructure topics. Keynote speakers include US Senator Kirsten Gillibrand. Charge's leadership emphasized the importance of supporting infrastructure development for the future.

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Charge Enterprises (Nasdaq:CRGE) has appointed Jeffrey S. Kuhlman as the new Chief Communications Officer. With extensive experience from leading automotive brands, Kuhlman will enhance Charge's public relations and marketing strategies, aiming to amplify the company's brand amidst the growing electric vehicle market. CEO Andrew Fox emphasized Kuhlman's expertise as vital for elevating Charge's competitive advantages in the EV charging and broadband infrastructure sectors. Kuhlman's previous roles include significant positions at Bentley Motors and Nissan.

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FAQ

What services does Charge Enterprises, Inc. provide?

Charge offers end-to-end project management services for electric vehicle (EV) charging, electrical, and broadband infrastructure.

What recent partnerships has Charge established?

Charge has recently partnered with major companies like Ford, Stellantis, Eaton, and Autel to drive growth and innovation.

Who is the majority equity owner of Charge following the recapitalization?

Arena Investors, LP, and its affiliates are the new majority equity owner of Charge, providing strategic, financial, and operational resources for the company.

What is Charge's strategy to scale in the EV market?

Charge plans to deploy a multi-phased strategy targeting the nation's approximately 18,000 franchised auto dealers to reach end users and capitalize on the EV revolution.

Who is the interim CEO of Charge?

Scott Haeger, a seasoned executive who previously served as Senior Operating Executive, Transformation at Quaestor Strategic Advisors, has been appointed as the interim CEO of Charge.

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