Loop Global Caps Record 2024 With Strategic Leadership Expansion, Innovative Product Launches, And ~50% YOY Global Network Growth

EL SEGUNDO, Calif., March 24, 2025 /PRNewswire/ -- Loop Global ("Loop")—a leading provider of turnkey EV charging solutions—concluded a landmark 2024 by appointing three new senior executives, deploying 2,700 new EV chargers worldwide, launching its latest product, the Infinity Flash™, and establishing new locations within Arizona and The Middle East.

Bolstered Leadership Team
In 2024, Loop strengthened its leadership team with three key executive appointments. Olga Shevorenkova joined Loop as Chief Executive Officer in June after nearly six years as the Chief Financial Officer of EVgo. With a proven track record in financial leadership and operational excellence, she will continue to guide Loop through its next phase of growth, building on its reputation as a trusted partner in the EV charging space. "Building a seamless EV charging experience is crucial for the widespread adoption of EVs, and Loop is poised to lead the industry in building this ecosystem," shared Shevorenkova. "We have the talent, the technology, and the vision to seize this moment and cement our position as the industry leader. I'm honored to take the helm of this company as we continue to innovate and expand our EV charging network in the U.S. and worldwide."

Esther M. Santos was named Vice President and Head of Sales in September. In this role, she will lead the business and revenue team. Prior to Loop, she held sales and operations leadership roles at Xos Trucks, Genesis, and Noribachi. Brandon Schantz also joined Loop in August, as General Counsel and Corporate Secretary to lead all of the company's legal functions. Prior to joining Loop, Brandon served as General Counsel at PulsedIn, Inc. and Human Bees.

Introduction of Infinity Flash™ – The Next Generation of Ultra-Fast EV Charging
To meet the ever-growing demand for high-speed, reliable EV charging, Loop launched Infinity Flash™ in May 2024. This industry-leading 300kW charging station delivers up to 100 miles of range in just five minutes. Equipped with patented dynamic power sharing, it optimizes energy distribution, enabling ultra-fast charging while significantly reducing the site power demands. Its low-maintenance, high-reliability design ensures seamless operation, while its distributed power architecture slashes installation costs compared to traditional all-in-one DC fast chargers.

Designed with drivers and businesses in mind, Infinity Flash blends cutting-edge performance with a sleek, user-friendly design. A 24-inch high-definition display enhances engagement by offering opportunities for brand promotion, retail interaction, and third-party advertising. "With the perfect balance of speed, efficiency, and cost-effectiveness, the Infinity Flash™ is set to redefine the EV charging experience," shared Son Dang, Chief Product Officer at Loop.

Global Network Growth
In 2024, Loop added 2,700 new EV chargers to its global network, marking a more than 50% year-over-year expansion. This brings the total number of chargers on the Loop network worldwide to 7,600. The remarkable surge in Loop deployments can largely be attributed to the company's continued success in securing high-profile customers across multiple industries, including real estate, hospitality, financial services, and dining. Notable customers include leading real estate investment trust AvalonBay Communities, the forward-thinking City of San Diego, and the sustainability-minded real estate group AMLI Residential.

Noah Hager, Vice President of Asset Management at AvalonBay Communities, stated, "Since 2020, we've been working with Loop to successfully install over 600 of their charging stations across our properties. Loop's innovative and reliable EV charging solutions and exceptional service have made them a trusted partner in our ongoing commitment to sustainable living, emissions reductions, and ensuring our portfolio is prepared for the future." AvalonBay Communities is one of the largest multi-family unit owners and managers across the US, and Loop Global takes pride in being an integral part of its sustainability journey.

Expanded Global Presence
Loop strengthened its global footprint with two notable expansions in 2024. The company established its logistics and operations center in Phoenix, Arizona, positioning it as the primary hub to streamline operations, accelerate shipping times, and enhance inventory management. Internationally, Loop entered the Middle East region, opening headquarters within Abu Dhabi and serving as the region's central hub for sales and operations. Reem Mall, the home of Snow Abu Dhabi and one of the capital's premier shopping, dining, and entertainment destinations, will now feature over 60 Loop Level 2 and DC fast-charging stations, in addition to marking the international release of Infinity Flash.

"Abu Dhabi has long been at the forefront of the Middle East's clean energy transition. Beginning this journey at Reem Mall, a destination set for exponential growth, is the perfect fit. We intend to install tens of thousands of EV charging stations in the city by 2030. This made it a no-brainer to ensure we are building a lasting presence in the region," said Zack Martin, Co-Founder and President of Loop. "Our global expansion is a testament to our team's relentless dedication to forging lasting partnerships and solidifying our presence as a leader in the EV space on the world stage."

About Loop Global
Loop Global is a leading provider of comprehensive, turnkey EV charging solutions for customers worldwide. The company offers a complete suite of hardware, software, and services, and its aesthetic and streamlined charging stations are differentiated by their focus on industry-leading uptime, user convenience, and reliability. With a commitment to innovation, reliability, and customer needs, Loop prides itself on its unmatched solution. Applying a consultative, portfolio-based strategy, Loop guides customers through every step of the EV charging deployment journey with ease and confidence, supporting the shift toward sustainable transportation. This approach has earned Loop long-standing relationships with marquee customers, including AvalonBay Communities, the City of San Diego, Reem Mall, and AMLI Residential. For more information, visit www.loopglobal.com.

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SOURCE Loop Global