EO Charging (EO), based in London, has mutually terminated its August 2021 agreement with First Reserve Sustainable Growth Corp (NASDAQ: FRSG) that would have seen EO listed on the NASDAQ exchange through a merger previously announced agreement in September 2021. Both parties decided to terminate the Business Combination Agreement because of unfavourable market conditions.

EO Charging, based in Stowmarket, UK, has entered a partnership with Mercedes-Benz Vans UK of Milton Keynes to provide Mercedes-Benz customers with electric vehicle chargers, charge point software, and aftersales support.

EO Charging, based in Stowmarket, UK, has launched an eBus software platform to support the electrification of bus fleets.

The charging infrastructure company will combine with FRSG in order to list on the Nasdaq with a pro-forman enterprise value of USD675m