EV charging provider Pod has announced the acquisition of EV charging company EO Charging, expanding its commercial fleet and energy management capabilities.
EO Charging provides EV fleet charging and end-to-end depot charging software solutions, with Pod aiming for the acquisition to expand its capabilities across logistics, transport and operational fleet environments. The company said also said the move would complement its existing strengths across home, workplace and public charging.
Depot charging has become an “increasingly significant” part of the EV and energy ecosystem, the company said, as fleet electrification has emerged as one of the fastest-growing segments of the market, following UK Government funding and regulatory support.
With limited grid capacity and lengthy connection times being barriers to fleet electrification, EO Charging offers specialist depot charging software and technologies designed to help fleet operators manage charging performance, optimise energy usage and support large-scale EV operations for customers, including Amazon, DHL and Tesco.
Pod said it was “proud to provide a long-term home for EO Charging’s heritage, technology and innovation, while welcoming its talented team into the Pod family”. Existing EO Charging customers will continue to receive “stable and uninterrupted service”,
Combining EO Charging’s depot platform with Pod’s existing smart charging and energy flex capabilities “will strengthen Pod’s ability to support mission-critical commercial charging environments”, it also said.
Together with EDF, who owns the brand, the combined offering will integrate depot software, energy supply, smart energy management and flexibility trading to support fleet operators as electrification continues to scale across the UK.
Melanie Lane, CEO of Pod, said:
“We’re delighted to welcome EO Charging into the Pod family at such an exciting moment for fleet electrification, with their specialist depot charging capabilities strongly complementing Pod’s existing strengths in smart charging and flexibility. Together, we’re expanding Pod’s role at the centre of the UK’s shift towards smarter, more connected electric mobility.”
Philippe Commaret, Managing Director for Customers at EDF, said:
“EDF’s purpose is to enable a more electric Britain. Helping our business customers reduce their bills and increase their competitiveness is central to our strategy. This acquisition allows our Pod subsidiary to help vehicle fleets benefit from electrification, improving their efficiency while also reducing their carbon emissions.”
Image courtesy of EO Charging/Pod
