EV Box, the electric vehicle charging business of French utility giant Engie, booked another loss for the first quarter of this year, following a loss for full-year 2023, and is expected to record a loss in 2025, too, executives said on Friday. Engie reported on Friday lower group pre-tax earnings for the first quarter, due to a decline in natural gas prices and consumption.
Excluding nuclear, Engie’s earnings before interest and tax (EBIT) fell by 3.7% in the first quarter compared to the same period of 2023. Q1 2024 was…The EV Charging Business of Utility Giant Engie Is Bleeding Cash
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