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Hanza Holding AB has signed a multi-year agreement with Chargestorm regarding the manufacture of complete charging solutions for electric vehicles. The initial annual value of the contract is around in excess of SEK10 million ($1.2 million at $1:SEK8.32).
The products will be built in Hanza's manufacturing sites and final assembly will be done in the electronics site in Atvidaberg.
Chargestorm is one of Sweden's leading companies in charging infrastructure for electric vehicles. It delivers complete solutions including charging stations, operating and monitoring software, and various payment solutions.
"The choice fell on Hanza as a partner as they have experience in designing complete manufacturing solutions that create value and competitiveness," says Patrik Lindergren, CEO Chargestorm.
"It feels great to grow further in the cleantech area, an area of strategic importance for Hanza," says Thomas Lindstrom, vice president of HANZA. "Chargestorm is a very innovative and interesting customer for us going forward."