News
EO Charging Appoints Richard Staveley as CEO
LONDON, UK, 07 May 2024: EO Charging ("EO"), a global pioneer in electric vehicle (EV) charging solutions for depot-based fleets, today announced the appointment of Richard Staveley as its new CEO. Founder Charlie Jardine will transition to the role of President and Founder. Jardine will be relocating to the US later this year so he can focus on growing EO’s presence in North America and other global markets.
After 10 years of growing the business, it is a real privilege to be able to hand over the CEO reins so I can focus on expanding the business globally. It is my pleasure to announce Richard Staveley as EO's new CEO. His leadership and strong investor backing place EO in an excellent position to advance our goals and further galvanise our presence as the go-to partner for fleet electrification globally,
Charlie Jardine, President & Founder of EO Charging
Richard's appointment is poised to leverage EO Charging's strong foundation, backed by strategic investments from Zouk Capital and Vortex Energy; the company received an $80 million investment round in February 2023. Richard Staveley is renowned for his transformative approach and success in driving growth within PE and VC-funded companies in the e-mobility, IoT, and telecommunications sectors. Currently, Richard serves as Chairperson for Zest, an EV Charge Point Operator in the UK's public charging e-mobility sector.
With Staveley as CEO and Jardine on the ground in the US, they will drive forward the company's mission of expanding its fleet charging solution business in North America and across Europe whilst maintaining its position as a frontrunner in the fast-developing UK market. This shift aligns with EO Charging's strategic aim to become the go-to partner in EV fleet charging globally as the adoption of zero-emission transportation continues to gain momentum within the EV charging infrastructure sector.
I am delighted to take on the CEO role at such a pivotal time for the EV charging industry. Leveraging our market position as a foundation for growth and with the support of our committed investors, we have a tremendous opportunity ahead of us. EO Charging is well-positioned and well-prepared to address the challenges and growing demands of this fast-expanding sector. I am excited to lead the company through its next phase of development, focusing on innovation, charging-as-a-service, and market expansion,
Richard Staveley, CEO of EO Charging
Over the past several years, EO has grown significantly and has now deployed over 85,000 chargers worldwide, and its customers include Amazon, DHL, Uber, and Tesco. EO has made the Financial Times FT1000 the fastest-growing company for the third time, solidifying its disruptive position in the EV market.
Press contact:
Hazel Weller
press@eocharging.com
Phone: 07518 291335
About EO:
EO Charging (EO) is a global pioneer in Electric Charging (EV) solutions for depot-based fleets. EO is on a mission to accelerate carbon-free transportation with the transition to electric fleets, promising to make charging simple, reliable, and accessible to fleets globally. EO offers commercial-grade charge assurance through its full technology and service stack, available as-a-service, and has unrivalled uptime in the market of >99% across its customer base.
EO's EV infrastructure solutions offer depot design, electrical installation, grid upgrades, and ongoing operations and maintenance for car, van, truck, and bus fleets. Many of the world's largest and most complex fleet operators already use EO's technology, including Amazon, DHL, UPS, Tesco, and Ocado.
To learn more, please visit www.EOcharging.com and give us a follow @EOCharging on Twitter, LinkedIn, TikTok, Instagram and Facebook.
About Vortex Energy:
Vortex Energy is an energy transition investment manager focusing on OECD countries with a mandate to invest in companies with significant growth potential, proven track record and strong management teams. Vortex Energy’s strategy covers renewable energy generation, energy storage, e-mobility, and alternative technologies and services.
Founded in 2014, Vortex Energy has successfully raised and invested EUR 1.6bn and completed the investment lifecycle of three funds invested in wind and solar portfolios across Europe. Its latest fund, Vortex Energy IV has made two investments; a major European renewable energy developer and a leading UK fleet focused electrical vehicle charging business. Vortex Energy's investment and asset management teams consists of 18 dedicated specialists based in Abu Dhabi, Madrid and London, with a strong track record in infrastructure and private equity investments.
Learn more about us at www.vortexenergy.ae
About Zouk Capital:
Zouk Capital is an infrastructure and private equity fund manager investing in the sustainable economy. Zouk’s investment strategy focuses on the opportunities emerging at the intersection of infrastructure, technology, and sustainability in response to some of the most pressing environmental challenges of our time. Our Infrastructure track actively invests in, builds, and scales projects and companies in the environmental infrastructure and renewable energy sectors. We prioritise investing in platforms rather than individual assets and are proactive in launching new businesses and supporting early-stage companies. We are well known for our pioneering approach, investing ahead of the curve in sustainable infrastructure that will shape tomorrow's world. The Zouk team has been investing in sustainable infrastructure since 2007 and is one of the most seasoned sustainability investing teams in the market. Based in London, Zouk manages approximately €800 million, including the Charging Investment Fund (CIIF), anchored by the UK Government and focussed on the public EV charging market in the UK.
More info: www.zouk.com