Founded a decade ago, EO Charging offered charging solutions to domestic consumers, businesses and electric commercial fleets. electrive previously reported how the firm developed new ISO 15118-compliant chargers that would allow it to perform smart AC-charging on legacy fleet EVs not compliant with the 15118 standard. And, in 2022, how EO Charging planned to work with energy service provider eEnergy to install at least 50,000 charge points at schools, colleges and universities by 2030.The company even had its sights set on major expansions into the US, Australia, New Zealand, and Italy; in 2023, for example, it secured $80 million worth of investments to pursue its US expansion. With the likes of Amazon, Uber, DHL, Tesco and others forming part of its customer base, EO Charging was ranked in the top 50 in the FT1000 list of Europe’s fastest-growing companies – multiple times.However, this picture of growth obscured some harder truths. EO had reportedly faced consistent challenges around its offer to both supermarkets and UK-based commercial fleets, and was said to be loss-making for some time. Last year, it scaled back its international expansion efforts, pursued a £25 million recapitalisation effort, and sold its domestic EV charger business to Cogent Technologies.Despite additional shareholder fundraising efforts in late 2025, PwC states that ‘liquidity challenges’ persisted, forcing EO Charging to enter an ‘accelerated merger and acquisition’ process in January. This did not lead to a transaction, forcing the company to now enter administration.Redundancies quickly followed upon the appointment of PwC as administrators, with 69 of the company’s total 93 employees losing their jobs. Those who remain will be there for only a short time while the company winds down operations.Edward Williams, one of the joint administrators from PwC, called the situation ‘regrettable’, adding: “The administrators are looking to assist customers in smoothly transitioning to alternative suppliers with the support of the remaining employees, before winding down the company in an orderly manner and seeking to optimise the value of its assets.”evinfrastructurenews.com, transportandenergy.com, evmechanica.com