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Southwire and Orange Charger Forge New Path for EV Charging

Southwire and Orange Charger Forge New Path for EV Charging

Innovative Partnership between Southwire and Orange Charger

An exciting collaboration boosting EV charging accessibility for renters

Southwire Company LLC, a recognized leader in wire and cable manufacturing in North America and a key player in power infrastructure, has launched a strategic investment in Orange Charger, the most rapidly expanding provider of tailored EV charging solutions and energy management systems designed for multifamily residences.

Enhancing the Electric Vehicle Charging Framework

This partnership aims to combine Southwire's vast knowledge in power distribution with Orange Charger’s innovative platform, resulting in the development of comprehensive installation kits and material packages that simplify the process for multifamily property owners while minimizing deployment costs.

By forging this collaboration, the two companies plan to fast-track the rollout of EV charging stations, making it simpler for property managers and residents to implement effective, cost-efficient EV charging solutions without the need for extensive upgrades to existing infrastructure.

Executive Insights on the Strategic Move

Neil Joseph, CEO of Orange Charger, expressed his enthusiasm for the collaboration, stating, "This partnership brings more than capital; it brings a true strategic ally. Southwire's scale and expertise will help us streamline installations, reduce deployment costs through integrated material packages and accelerate joint product development that will continue to simplify charging for multifamily owners and EV drivers. We’re excited to expand access to reliable and affordable EV charging across communities nationwide."

Corky Whipple, Southwire's Vice President of Engineered Solutions, reinforced the company's commitment by stating, "Southwire is dedicated to supporting innovative technologies that promote electrification and modernization of the grid. Orange Charger's focus on scalable, cost-effective EV charging for multifamily properties aligns perfectly with our vision of powering a sustainable future."

Addressing Chronic Barriers to EV Adoption

Orange Charger is tackling one of the most durably challenging hurdles in the EV landscape: making dependable home charging accessible for renters. Their solutions feature hardware and software that provide smart, customized charging solutions that can significantly reduce installation costs, sometimes by up to 70%. This approach ensures residents and property owners enjoy a reliable charging experience without incurring unnecessary ongoing fees.

With the powerful OrangeNet at the helm, a proprietary mesh network paired with cutting-edge edge-compute technology, Orange boasts an impressive success rate of over 98% for charge sessions, even in difficult conditions like underground parking garages. It achieves this without reliance on conventional Wi-Fi or LTE extenders. Additionally, this robust platform sets the stage for Orange's future energy solutions, poised to help properties engage more effectively in the wider energy economy while generating new revenue opportunities.

Combining their resources, Southwire and Orange Charger are committed to crafting the essential infrastructure that delivers affordable, reliable charging options, as well as future-ready energy solutions to communities everywhere.

Understanding Southwire and Orange Charger

About Southwire

Southwire Company, LLC stands as North America's premier wire and cable manufacturer, boasting an impressive $8.4 billion organization that includes over 9,000 dedicated team members across the globe. As ONE Southwire, they consistently strive to provide exceptional service to each other, their customers, and the communities they serve. Their versatile product portfolio spans building wires, metal-clad cables, utility products, portable and electronic cord products, and OEM wire items. Southwire also specializes in electrical offerings, engineered solutions, and comprehensive field support services. For more information about Southwire's innovative products and community initiatives, please visit www.southwire.com.

About Orange Charger

Orange Charger is committed to designing reliable, well-suited EV charging and energy management solutions that cater specifically to multifamily properties. Their proprietary platform, OrangeNet, empowers over 5,000 chargers installed across more than 400 properties, maximizing charge session success rates without the need for continuous Wi-Fi or software licensing fees. Their mission is to support property owners in lowering installation expenses, alleviating ongoing operational costs, and facilitating new revenue generation streams through advanced infrastructure. To discover more about Orange Charger, visit orangecharger.com.

Contact Information

For inquiries, please reach out to Ashley Bush, Director of Communications.

Phone: (678) 684-7634

Frequently Asked Questions

What is the goal of the partnership between Southwire and Orange Charger?

The partnership aims to enhance EV charging accessibility and streamline installation costs for multifamily properties.

How does Orange Charger facilitate EV charging for renters?

Orange Charger provides affordable and reliable EV charging solutions specifically designed for multifamily housing, reducing installation costs significantly.

What technology supports Orange Charger's charging solutions?

Orange Charger uses its proprietary mesh network and edge-compute technology, OrangeNet, to ensure high success rates for charging sessions.

What are Southwire's contributions to this initiative?

Southwire brings its expertise in power distribution and integrated solutions to streamline processes and reduce costs for EV charging deployments.

How many properties are served by Orange Charger?

Orange Charger operates over 5,000 chargers deployed across more than 400 multifamily properties, making EV charging widely accessible.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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