Benzinga | Oct 28, 2021 07:11AM EDT

Ault Global Holdings' Subsidiary, TurnOnGreen, Announces Launch Of New EV Residential Charger For The U.S. Market

Ault Global Holdings, Inc. (NYSE:DPW), a diversified holding company (the "Company"), is pleased to announce that its subsidiary, TurnOnGreen, Inc., has launched its first residential electric vehicle ("EV") charger, the TurnOnGreen EVP700-B, available for purchase through Amazon.com, Walmart.com, and Turnongreenev.com starting October 25, 2021.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211028005485/en/

The EVP700-B Level 2 home charger is UL certified, compatible with virtually all EVs and plug-in hybrid vehicles, and is rated for both indoor and outdoor use. Its release follows the recent launch of TurnOnGreen's commercial EV charging product line in September 2021.

Milton "Todd" Ault, Executive Chairman of AGH, stated, "In spite of delays related to global supply chain challenges, I am pleased with the team at TurnOnGreen and achievement of this significant milestone of launching a new EV charger for the residential market. I look forward to more product launches from TurnOnGreen in the near future."

"With over 50,000 new EVs sold each month in the United States, the demand for level 2 home-based charging is rapidly growing," said Amos Kohn, President and Chief Executive Officer at TurnOnGreen. "The EVP700-B is an ultra-compact, level 2 EV charging solution that I believe is a perfect fit for the massive residential charging market."

For inquiries about bulk purchases of the EVP700-B, please contact sales@turnongreen.com.