Core Insights - ConnectM Technology Solutions, Inc. is experiencing strong momentum in its EV Solutions business, projecting a connected EV order volume of 50,000 vehicles for 2025, with over 5,500 orders secured in the first two months of 2025 [1][4] - The company has added four new OEM customers since Q4 2024, enhancing its market position in the EV Solutions sector [2] - ConnectM anticipates adding at least six additional OEM customers in 2025, continuing its triple-digit year-over-year growth in the Transportation and Logistics segment [3] Company Overview - ConnectM focuses on advancing the electrification economy by integrating electrified energy assets with AI-powered technology solutions, targeting residential and light commercial buildings as well as all-electric OEMs [5] - The company aims to make electrification user-friendly, affordable, precise, and socially impactful through its proprietary Energy Intelligence Network platform [5] - As a vertically integrated company, ConnectM empowers customers to reduce reliance on fossil fuels, lower energy costs, and minimize carbon footprints [5]
ConnectM Announces Continued Strong Growth and Expanding Market Share