Despite freshly inked deals with national brands like Chevron and General Motors, novel EV fast charging solution FreeWire has announced plans to close its Newark, California corporate headquarters and lay off virtually “all” of the company’s 113 on-site employees.
FreeWire is able to place DC fast charging solutions without the need for expensive utility buildouts by using batteries to store energy until it’s needed. The batteries can be effectively “trickle charged” with a standard 110 or 220 AC connection, then “dump” that charge quickly – enabling a 200 kW DCFC experience for EV drivers at a fraction of the cost of conventional DC infrastructure.
