STOCK TITAN

EOS Linx Increases EV Chargers by 2600% in Second Year, Plans to Deploy Mobile App in 2023

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

EOS Linx has reported a remarkable 2600% growth in its EV charging network during its second year of operation. The company is poised to have approximately 4,000 charging sockets operational by the end of 2023, expanding across six states, including Arizona and Florida. Partnerships with major hospitality and retail brands have enhanced its infrastructure. EOS Linx has also selected NeoVolta as its battery supplier, integrating its systems into new charging stations.

A mobile application is also set to launch in 2023, improving user experience.

Positive
  • 2600% growth in EV charging network in 2022.
  • Plans to have approximately 4,000 charging sockets operational by end of 2023.
  • Strategic partnerships with major hospitality and retail brands to expand infrastructure.
  • Selected NeoVolta as battery supplier for enhanced energy storage.
  • Upcoming launch of a mobile application for users to locate charging stations.
Negative
  • None.

The leader in EV charging expects 4,000 sockets to be operational in 2023

BRENTWOOD, Tenn., Dec. 22, 2022 /PRNewswire/ -- EOS Linx, an owner and operator of a growing national, solar-supported electric vehicle (EV) charging network committed to advancing an EV lifestyle-based solution through advanced edge technology and user-focused functionality, significantly increased its footprint in only its second year of operation, marking 2600% growth in 2022. Charging infrastructure is required to meet the increasing demand for EVs — nearly 10% of vehicles are estimated to be electric by 2030 — and EOS Linx has expanded its presence through a variety of measures to provide drivers and communities with a sustainable solution, allowing them to charge when and where it meets their lifestyle.

Partnering with some of the biggest names in hospitality and retail over the last 12 months, EOS Linx installed charging sites at convenient, strategic locations in Alabama, Georgia, Tennessee, and Texas. Their exponential growth in 2022 is expected to continue into next year with roughly 4,000 sockets estimated to be fully operational across six states, as expansion reaches Arizona and Florida by the end of 2023.

"With EV adoption still in the early stages, many drivers worry about how far they can travel before they need to plug in again. The partnerships we forged this year will significantly accelerate our ability to help solve that challenge," said Blake Snider, CEO of EOS Linx. "Our mission is to make the journey smoother for EV drivers and we're eager to build on our recent success and provide more solutions in 2023 through increased collaboration to meet the demand of this explosive market."

EOS Linx significantly advanced its mission of supporting community-wide electrification programs in 2022 by selecting NeoVolta as its battery supplier. NeoVolta's customized energy storage systems will be integrated at stations deployed and activated in 2023. The partnership was reinforced by the appointment of Brent Willson, CEO and founder of NeoVolta (NASDAQ: NEOV), to EOS Linx's Board of Directors. Willson has two decades of executive management experience during his time serving in the Marines, and brings a skill set that includes expert risk assessment, supply chain, and logistics insight — all of which will assist EOS Linx in its goal of creating a more sustainable planet.

EOS Linx has several plans in the works that will improve the EV driving experience in 2023,  including the launch of a mobile application that allows drivers to easily search and view charge stations, as well as offer flexible payment options. EOS Linx also plans to launch an additional product suite that will provide more options for sites to customize EV chargers based on individual locations and unique charging needs.

Learn more about the EOS Linx difference and how its chargers are built for the future.

About EOS Linx

EOS Linx combines solar energy and energy storage in its charging stations to support a more renewable electrification solution for electric vehicle charging, performing even when grid power is interrupted. The comprehensive charging solution includes solar power generation and storage, electric vehicle charging, AI-based security, and digital out-of-home advertising that adds immediate value to each location. At EOS Linx we believe sustainable energy infrastructure is the future. We are the smartest solution to power today's on-the-go lifestyle.

Cision View original content:https://www.prnewswire.com/news-releases/eos-linx-increases-ev-chargers-by-2600-in-second-year-plans-to-deploy-mobile-app-in-2023-301709063.html

SOURCE EOS Linx

FAQ

What growth did EOS Linx experience in 2022?

EOS Linx reported a remarkable 2600% growth in its EV charging network in 2022.

How many charging sockets does EOS Linx plan to have operational by the end of 2023?

EOS Linx plans to have approximately 4,000 charging sockets operational by the end of 2023.

Who is the battery supplier for EOS Linx?

EOS Linx has selected NeoVolta as its battery supplier for its charging stations.

When will EOS Linx launch its mobile application?

EOS Linx plans to launch a mobile application in 2023 to improve user experience.

In which states is EOS Linx expanding its charging network?

EOS Linx is expanding its charging network in states including Alabama, Georgia, Tennessee, Texas, Arizona, and Florida.

NeoVolta Inc.

NASDAQ:NEOV

NEOV Rankings

NEOV Latest News

NEOV Stock Data

160.80M
28.38M
14.93%
15.16%
2.52%
Electrical Equipment & Parts
Miscellaneous Electrical Machinery, Equipment & Supplies
Link
United States of America
POWAY