Radius acquires charging installation firm
Crewe-based mobility firm Radius has acquired a majority stake in specialist EV installation firm, EV Charging Solutions.
EV Charging Solutions has installed more than 10,000 domestic and commercial units from single EV households to solutions for commercial fleets, including vans and buses.
The Nottingham company follows other additions to Radius’ portfolio including Traction Finance, EV Back Office and Powerhouse Energy Management as the company aims to offer an end-to-end EV solution including assessment, installation, vehicle supply, charger software and energy.
The new deal also offers EV Charging Solutions access to Radius’ products including telematics, insurance, e-mobility and telecoms to its own customer base.
Speaking about the deal, Chris Everitt, EV Charging Solutions Managing Director, said: “We are delighted to join Radius. It allows us to be part of a full end-to-end EV solution and with electric vehicles playing a big role in many businesses’ net zero goals, we’re very excited about the opportunity to help Radius’ existing and new customers on this journey.”
Bill Holmes, Radius CEO, said: “Chris and his team have nearly 10 years of experience in the EV marketplace which we believe will really help Radius as it develops its customer proposition in this exciting sector. We are also looking forward to helping Chris scale and develop his exciting business where he has a growing domestic and commercial customer base.”