PARIS, May 17 Reuters France39;s Engie said its electric vehicle charging station business lost 22 million euros 24 million in the first quarter and will continue to lose money into next year.

Engie has failed to find a buyer for troubled subsidiary EV Box and is now considering selling off the business piecemeal in a bid to limit its exposure, Engie CFO PierreFrancois Riolacci said on Friday during company results.

EV Box lost 140 million euros last year and is trending toward that same amount in 2024, he said, adding there would be more losses in 2025.

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Reporting by America Hernandez Editing by Mark Potter

Source Reuters