Charge Enterprises, Inc. (NASDAQ:CRGE) Q4 2022 Earnings Call Transcript

Andrew Fox : These jobs are location specific, so depending on what each member church goals are, how many chargers they wish to install, and the capability of the site itself. We are currently in the planning stages with the Baltimore Washington Conference of United Methodist Churches for the most successful rollout at their locations to support communities that are underserved and support the efforts for larger scale EV adoption in the future. With that said, we expect these projects to be smaller than our typical dealership location and can potentially include two to four level 2, 19.2-kilowatt public facing chargers per location.

Poe Fratt : How will the partnership with Lumio work? And what is the revenue potential? Is that strategy highlighted on page 16 of the company’s March 1st presentation? Do dealers help cross sell solar and EV charging. Who will supply the EV SE? And any states where Lumio is strong?

Andrew Fox : We are extremely excited about the potential for the Lumio partnership. This partnership came as a solution to a problem we heard loudly and clearly from our dealers. People need an answer to home charging installations. In essence, when a dealer sells an EV, our partnership with Lumio will provide a solution for home EV charging. And yes, the potential for home solar installation, should the client have the interest. We’re jointly working on software solutions that will make this experience seamless and efficient. We remain hardware agnostic, but are working with select EV SEs to provide the best home charging solutions. We will begin rolling out our partnerships in the states where Lumio strongest has the largest footprint, and where we have scalability with our dealers.

Operator: Ladies and gentlemen, this concludes the question-and-answer portion of today’s webcast. At this time, I’ll turn today’s webcast back to Andrew Fox for closing remarks.

Andrew Fox : Thank you for participating on today’s call. I trust we have conveyed the passion excitement of the opportunity that lies ahead of us. Have a great day, operator.

Operator: Ladies and gentlemen, that will conclude Charge Enterprise fourth quarter and full year 2022 financial results webcast. We wish you a great day. Goodbye.