ChargePanel expands to the Caribbean through agreement in Barbados

ChargePanel AB (publ) (“ChargePanel”) and SmartPay Inc (“SmartPay”) have today signed an agreement regarding the license of ChargePanel’s Enterprise service. SmartPay, operating in Barbados, will act as an operator for charging stations, with the ambition to expand and establish operations throughout Latin America and the Caribbean.

ChargePanel will provide its expertise and technology to support SmartPay in establishing a robust infrastructure for electric vehicle charging. SmartPay’s goal is to have a significant number of charging points connected not only in Barbados, but also in the rest of the Caribbean and Latin America. This contributes to ChargePanel’s growth goal of increased presence on the global market.

SmartPay will initially focus on connecting AC charging stations in Barbados. With the help of ChargePanel’s solutions, SmartPay aims to streamline the operation and management of its charging stations.

“It is with great enthusiasm that we welcome SmartPay to our growing group of international partners. This agreement with Barbados is not only an important step for our expansion in the Caribbean, but also a confirmation of our commitment to promoting sustainable mobility on a global level. We also look forward to following SmartPay’s expansion journey” – Peter Persson, CEO of ChargePanel AB (publ).

For further information, please contact:
Peter Persson, CEO, ChargePanel AB (publ)
Email:
Phone: +46 (0)8 120 325 01

About ChargePanel AB (pub

ChargePanel is a GreenTech company that offers innovative B2B solutions within e-Mobility.

ChargePanel offers a white-label SaaS-platform for the operation and management of electric vehicle charging networks. The platform enables electric vehicle driver access to a user-friendly app for charging and is independent of both electricity companies and manufacturers of charging infrastructure.

Since the start, The Company’s focus has been towards developing the technical platform as well as increasing the interest and connecting with selected strategic partners and customers. The company provides solutions in Sweden, Norway, Great Britain, Romania, Albania, Morocco, Kenya, Uganda, Malta, the USA, Australia, New Zealand, Malaysia, and the Philippines with the ambition to grow with its customers into new geographic markets and has adopted a growth strategy which includes multiple continents before the end of 2025. The Company’s strategy is both sustainability and customer-centric. Smarter electric vehicle charging through ChargePanel’s platform facilitates the transition from fossil-fuel vehicles to electric vehicles for both private individuals and companies. This is in line with the climate goals of most countries and regions, and the incentives for electric vehicles will increase sharply in the future.

The Company was founded in 2014 and has its headquarters in Stockholm, Sweden. ChargePanel AB (publ) is listed on Nasdaq First North Growth Market and The Company’s Certified Adviser is Eminova Fondkommission.