In a bold move to expand its reach and capabilities in the electric vehicle (EV) charging market, EKCO Maximum Power has officially announced the acquisition of EVSmartec, one of the oldest and most respected companies in the EV charging infrastructure sector. This strategic acquisition marks a significant step in EKCO’s growth strategy, aiming to enhance and broaden the technological advancements in EV charging solutions.

"Acquiring EVSmartec aligns with our vision to lead the industry forward and to build a more robust infrastructure for electric vehicles across the globe," stated Charalambos Onoufriou, Co-Founder and Managing Director of EKCO Maximum Power. "This merger combines EVSmartec’s rich history and deep industry knowledge with our innovative approach and wide market reach. Together, we are set to deliver unparalleled technology and service solutions to our customers." 

EVSmartec, known for its pioneering technologies in the EV charging sector, brings a wealth of experience and a strong customer base that will complement EKCO’s existing operations. The integration of EVSmartec’s assets and capabilities is expected to accelerate the development of charging solutions in Cyprus, enhance customer service, and expand market penetration. 

As EKCO and EVSmartec partner up for a future where electric vehicles are paramount, this acquisition is poised to make a significant impact on the market, driving faster adoption of EVs through improved infrastructure and cutting-edge technology.