mPhase Technologies, Inc. announced that it has signed a purchase order with Shelly Electric Co., Inc. for two 120KW level 3 DC fast chargers for a Pennsylvania-based Ford dealership. The Company is excited to participate in the first phase of this charger installation, which is also expected to include level 2 chargers in the future. Like other major auto makers, Ford is in the process of transitioning its fleet to electric vehicles, which will require an increasing number of charging units on premises at dealerships.

The timing of today's announcement coincides with the first deliveries of Ford's much anticipated F-150 Lightning truck, which has already sold out for the 2022 model year. The mPhase installation will mark a number of firsts, including entry into the Pennsylvania market, the Company's initial level 3 charger sales, and the beginning of a targeted entry into the auto dealership vertical.