EdgeEnergy, a provider of power conversion equipment for electric vehicle (EV) fast charging solutions, has announced plans to invest $150 million in Ohio over the next two years. The investment will go towards expanding manufacturing capabilities, creating engineering and skilled manufacturing jobs, and offering manufacturing partners opportunities to expand their businesses alongside EdgeEnergy. The company’s headquarters are located in Cincinnati, Ohio.
According to Greg York, CEO and Founder of EdgeEnergy, the need for a faster and cheaper solution to install DC fast chargers across the U.S. is growing. Traditional three-phase power upgrades often cause long delays, which can take months, if not years, and threaten to derail goals for EV Charging Infrastructure in the U.S. EdgeEnergy aims to eliminate these long lead times with their technology.
See also: Honda to build $3.5 billion battery production base in Ohio
As a participant in the White House Infrastructure Talent Pipeline Challenge, EdgeEnergy is demonstrating its commitment to creating high-quality jobs. The nationwide initiative aims to create equitable job opportunities in growing industries, such as electrification. EdgeEnergy is working with community and industry partners like Blink Charging to develop a job training program focused on technical training for the maintenance of charging stations. The program will provide a valuable talent pipeline for industry partners in the growing EV Infrastructure industry.
EdgeEnergy’s Chief Financial Officer, Jon Holland, expressed excitement about the ongoing growth the company has experienced over the last two years and the positive response to their technology from big names in the industry. The company is eager to expand its workforce and manufacturing capacity amid an exciting period of growth. This investment in Ohio will not only benefit EdgeEnergy but also the local economy by creating new jobs and opportunities for manufacturing partners.