AMSTERDAM, January 9, 2024 — EVBox, a leading EV charging solutions provider announces an efficiency enhancement program to ensure continued competitiveness amid market maturation and prepare for the next phase of the company.
Driven by the challenges faced by the European EV charging industry, and building upon the foundation of stabilized operations, the strategic decision entails a phased reduction in overall operating costs. This initiative encompasses a streamlined workforce, as well as a rationalized offerings portfolio. Notably, the primary focus of the cost-saving measures is on non-personnel expenses, with a concerted effort to optimize processes and enhance efficiency.
With this focused approach, by aligning its resources with strategic objectives, EVBox aims to establish solid foundations for growth, to be best setup for future success. Committed to transparency, EVBox has consulted with key stakeholders, including shareholders and the Dutch workers council.
Dedicated to expansion in European and North American markets, EVBox aims to emerge stronger and resilient from these structural changes, ready to lead the evolving EV charging industry, and maintain a pivotal role in the global energy transition.
For questions, please reach out to Madeline Vidak (PR & Corporate Communications Manager) via madeline.vidak@evbox.com or Arne Richters (SVP Strategic Enablement) via arne.richters@evbox.com.
About EVBox
To build a sustainable future, EVBox empowers businesses and drivers to embrace electric mobility. EVBox’s charging solutions lay the foundations for a world where electric mobility is the new normal by giving EV drivers the ability to charge with confidence, allowing businesses to easily enter the market and scale their offering as demand grows, and evolving with the rapid pace of innovation. Founded in 2010, EVBox is now a market leader in electric vehicle charging infrastructure (EVSE) who has delivered over 550,000 charging ports to partners and customers globally. The solutions EVBox is offering include charging stations for residential, commercial, and fast-charging network usage, as well as charging management software. More information can be found on evbox.com.
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