CHICAGO--(BUSINESS WIRE)--JNS Holdings (OTC: JNSH), through its wholly owned subsidiary JNS Power & Control Systems, Inc. one of the largest independent owner, operator, and provider of electric vehicle (EV) charging stations, commercial and residential sales, installations and consulting services in the Chicago area, announced today that it continues to grow its EV charging division.
Recent completed EV projects totaling $255,000 in revenue as follows:
Volta – (Electronic display unit) Installations:
Northbrook Court – Two level 2 charging stations
Oakbrook Center – Two level 2 charging stations
Northeastern Illinois University – Installations:
Campus Parking Structure – Two dual head level 2 charging stations
Woodfield Mall – Installations:
Two level 2 charging stations & one level 3 DC Fast charger
Other 3rd Party Maintenance & Service work
The above referenced work relates to our EV charging services only and does not include other projects.
The companies average industrial / commercial installation cost breakdown is as follows:
Level 2 EV charger installation - $5,000 to $10,000 (typical commercial installation could include directional boring, concrete work, saw cutting, foundation work, transformer & electrical distribution) Level 2 EV charger unit purchase - $6,500 (network capable commercial grade)
Level 3 DC Fast Charger installation - $35,000 to $50,000 (typical commercial installation could include directional boring, concrete work, saw cutting, foundation work, transformer & electrical distribution) Level 3 DC Fast Charger 50Kw unit purchase - $25,500 (network capable commercial grade)
Brian Howe President & CEO stated, “We are continuing to implement our business strategy to grow the EV Charging segment of our business through the development of our own, owner operated network as well as third party sales/service providers. EV charging is an extremely fast developing sector and we intend to be a leader in our marketplace, the Chicago metropolitan area, the third largest market in the country.”
About JNS Holdings Corporation:
JNS Holdings focuses on building solid growth for our investors and shareholders through expansion of our core businesses and subsidiaries, see (www.jnsholdings.com) while seeking additional strategic opportunities. JNS Power & Evolve USA Charging Corporation is the Chicago (IL) based subsidiaries of JNS Holdings specializing in EV infrastructure solutions. JNS is committed in creating a useful and well maintained network for EV charging. The corporate headquarters is located in Wheeling, Illinois. Connect with JNSH on Facebook or Twitter.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.