EV charging company Erapid secures €30 million investment from Aviva Investors

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The investment will allow Erapid to “rapidly expand” its charging network in Ireland, creating 60 jobs

Erapid cofounder Chris Kelly said that the EV sales market in Ireland is “booming”, but “needs the infrastructure to catch up”.

The €30 million in funding from Aviva Investors, the global asset management business of Aviva plc, will be invested on a phased basis to enable Erapid to “rapidly expand” CarCharger and EasyGo, increasing operational capabilities and its network of chargers. To facilitate the next growth stage, the company has said that its new headquarters will be based in Maynooth, where it has also established an operations support centre of excellence. Erapid said that the investment will lead to the direct creation of 60 Irish jobs, across operations, customer support and sales.

 

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Erapid secures €30m investment by Aviva InvestorsErapid Charger Company Limited, which trades in Ireland as EasyGo - the country's largest private car charging network provider - and CarCharger EV, is to create 60 jobs after it received an investment of €30m by Aviva Investor.
Source: RTEbusiness - 🏆 16. / 61 Read more »