Pioneer Power And SparkCharge Announce Alliance, Boosting Market Potential

e-Boost Teams Up with SparkCharge to Bolster its Drive towards a Net Zero Future

Pioneer Power Solutions, Inc. (NASDAQ:PPSI) ("Pioneer", or the "Company"), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today announced a groundbreaking collaboration with SparkCharge, Inc. ("SparkCharge"), an EV charging delivery service. Through this collaboration, Pioneer's e-Boost, a leading off-grid, sustainable mobile EV charging solution, will be integrated with SparkCharge's innovative mobile battery energy storage systems. This strategic partnership, one of the first in the industry, combines Pioneer's e-Boost with SparkCharge's EV Charging as a Service ("CaaS") model with the goal of driving widespread adoption of mobile EV charging with battery energy storage. Together, they aim to unlock new value in the mobile EV charging market and accelerate technological advancements in the industry.