EO Car Chargers, a UK-based electric vehicle (EV) charging company, entered administration in April 2023. The announcement followed a prolonged period of challenging trading conditions. The company struggled financially after an unsuccessful international expansion into markets such as the United States, Australia, New Zealand, and Italy.
Impact of Administration on Jobs
As a result of the administration, 69 employees were made redundant. This reduction left the company with a remaining workforce of 24, who will assist in the orderly wind-down process. Edward Williams, a partner at PwC and joint administrator, expressed regret over the job losses and emphasized the importance of supporting customers transitioning to alternative suppliers.
Company Overview
EO Car Chargers specialized in the development of EV charging infrastructure and software, as well as providing 24/7 repair and incident support services. The company also collaborated with an Oxford-based firm to enhance charging station availability for homes and businesses in Oxfordshire.
Production and Deployment Statistics
- Manufactured over 85,000 EV chargers.
- Deployed 13,000 commercial charging stations.
- Operated in approximately 35 countries worldwide.
The joint administration team, consisting of Edward Williams, Ross Connock, and Victoria Hatton from PwC, was appointed on April 8 to facilitate the process. Their goal is to maximize the value of the company’s assets while ensuring a smooth transition for customers.
