Southwire Company has announced a strategic investment in Orange Charger aimed at expanding scalable EV charging infrastructure purpose-built for multifamily properties.
The agreement will see the two companies develop streamlined installation packages and material bundles designed to reduce installation complexity and lower total deployment costs for property owners.
Southwire, a major North American wire and cable manufacturer, plans to use its expertise in power distribution and installation solutions to support Orange Charger’s platform, which is specifically engineered for the needs of renters and property managers in apartment and multifamily buildings. According to Southwire, this collaboration is intended to accelerate nationwide deployment by enabling more affordable, reliable charging installations without the need for extensive infrastructure upgrades.
Orange Charger’s system features a hardware and software platform that, according to the company, can cut installation costs by up to 70 percent. The solution operates via OrangeNet, a proprietary mesh network and edge-compute platform that enables over 98 percent successful charge sessions, including locations with limited connectivity such as underground garages.
Orange reports that its system does not require managed Wi-Fi, LTE extenders, ongoing software, or networking fees, making it simpler for property owners to manage. The platform also lays the groundwork for future products that may allow properties to participate in energy management and derive new revenue streams.
“This partnership brings more than capital, it brings a true strategic ally,” said Neil Joseph, CEO of Orange Charger. “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. With Southwire also joining as a board observer, we’re gaining a partner aligned and committed to our long-term strategy. We’re excited to continue expanding access to reliable and affordable EV charging across communities nationwide.”
Source: Southwire
