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Electric Car Charger Firm Collapses with 69 Jobs Lost After Expansion Struggles
The company said 69 of its 93 workers were made redundant after loss-making expansion into four overseas markets.
- Electric vehicle charging company Juuce Limited collapsed into administration earlier in April after experiencing "challenging trading conditions in recent years," the business announced.
- Bosses attributed the company's financial decline to losses following ambitious overseas expansion into Australia, New Zealand, and Italy, which strained operations significantly.
- Across around 35 countries globally, Car Chargers manufactured more than 85,000 chargers and deployed 13,000 commercial charging stations before its collapse.
- Joint administrators from PwC, including Edward Williams, confirmed 69 of the 93 employees were made redundant as the company enters wind-down proceedings.
- Administrators are assisting customers in transitioning to alternative suppliers while seeking to optimize asset value before completing an orderly company wind-down.
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Total News Sources12
Leaning Left1Leaning Right1Center8Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
C 80%
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