A UK-based electric vehicle charging firm has collapsed into administration, with 69 staff members losing their jobs as a result.

EO Car Chargers appointed administrators earlier this month citing challenging market conditions in recent years as the cause of its downfall.

The company had become loss-making following its expansion into overseas markets including the United States, Australia, New Zealand, and Italy, according to management.

Its operations centred on electric vehicle charging infrastructure, software development, and round-the-clock maintenance alongside incident response services.

The firm also partnered with the Oxford-based EV Charging Company to deploy charging points for residential and commercial properties across Oxfordshire.

Edward Williams, joint administrator and partner at PwC, said it was regrettable that the company had no alternative but to enter administration and that 69 employees had been made redundant.

The administrators plan to support customers in transitioning to alternative providers with help from the remaining workforce, before proceeding with an orderly wind-down and seeking to realise maximum value from company assets.

EO Charging manufactured more than 85,000 charging units and fitted 13,000 commercial charging stations across roughly 35 countries globally.

The workforce has been reduced from 93 to 24, with those retained set to remain in post to help manage the company’s closure.

Edward Williams, Ross Connock, and Victoria Hatton from PwC were appointed joint administrators of EO Charging, which trades as Juuce Limited, on April 8.