Shoals Technologies Group, Inc. will collaborate with Ernst & Young LLP (EY US) for Shoals’ electric vehicle (EV) charging systems solutions. Shoals launched four EV charging product offerings, which are expected to reduce installation costs by 20%–30% compared with conventional solutions. Electrification in mobility is gathering pace, demanding the reinvention of strategies, operating models and supply chains. Spending on EV charging stations is forecasted to quadruple from $300 million to $1.2 billion by 2023. For the EV charging market to expand and meet customer demand, deployment must become more efficient and less costly. EV BOS components and installation are nearly half the cost of EV charging infrastructure deployment. Shoals’ EV solutions deliver much-needed EV BOS innovation and value by reducing installation cost, lowering material cost and requiring significantly less time on-site during deployment. The relationship leverages EY US teams’ experience in economic modeling and operational plan development with Shoals’ innovative EV solution offering for broad system deployments. The two companies will collaborate on methods to optimize deployment time and capital efficiency. The companies anticipate that through collaboration they can optimize the EV-related investments that are part of the Federal Government’s proposed infrastructure plan, which includes a significant investment in EV charging infrastructure.