GM Backed Charge Enterprises Electric Car Charge Company Bankrupt
by Brian Wang from NextBigFuture.com on (#6KAQ2)
Charge Enterprises built electric charging for dealers, hotels and other business customers. They made as much as $750 million per year in revenue but almost always had losses. GM and Stellantis were among the funders and customers of Charge Enterprises. In August 2023, GM, Honda, BMW, Mercedes-Benz, Hyundai, Kia, and Stellantis announced a $1 billion ...