On Wednesday this week, a restructuring plan was rejected, and on Thursday, charging station operator Eways decided to throw in the towel. The bankruptcy leaves behind a debt of over DKK 100 million.
Bankruptcy hits Swedish electric car charging operator. Eways, a Swedish charging operator, has gone bankrupt with a debt of over 100 million kroner.
The bankruptcy petition was filed at Attunda City Court after the company's restructuring plan was rejected. Eways had accumulated significant debts, including to the tax authorities and to customers who had prepaid for charging.
– It is the company itself that has filed for bankruptcy, trustee Anders Aspegren tells Di Digital.
The bailiff is already in the process of recovering assets from Eways' bank accounts. According to DI, Eways has retained money belonging to 650 Swedish condominium associations that had prepaid for charging.
These associations now risk losing their money. The bankruptcy also leaves uncertainty about how the charging systems will be operated in the future.
Eways' bankruptcy is an example of the challenges that charging operators may face in a market characterized by fierce competition and rising costs.
It is still unclear what consequences the bankruptcy will have for Eways' customers and for the continued expansion of charging infrastructure for electric cars.
However, Eways is neither the first nor the last charging operator to turn the key. Back in August, Austrian company EnerCharges folded. And back in March, Stellantis- and General Motors-backed Charge Enterprises blamed other car brands for the company's downfall.
Overall, closures and bankruptcies seem to be the big thing that the automotive industry will remember 2024 for. Entire car brands have already closed or are at least on their way there.
Fisker Inc., founded by Danish Henrik Fisker, is, for example, being kept artificially alive because a shutdown plan has been presented and approved by the parent company in the US.
Boosted has, among other things, been able to tell how the last of Fisker's employees left a head office in chaos when they were asked to leave. It has since also emerged that the last remnants of the car brand are trying to get customers to pay for recalls themselves. Read more about it here .
