EasyGo secures €15m to expand charge point network
Network extension will help address Ireland's deficit in electric vehicle (EV) charge infrastructure
Print19 October 2021
An additional €15 million in funding has been secured by EasyGo to extend its Republic of Ireland network of electric vehicle charge points and also expand into Northern Ireland.
With a network of 2,300 charge points, used by 14,000 EV drivers, EasyGo is now the State’s largest provider of EV charge points.
Backers include DunPort Capital, Air Core and Rubicon Capital and the additional equity raised will see Kildare-based EasyGo roll out rapid chargers at town centre, retail and hospitality locations across Ireland.
According to EasyGo, its expanded network would help address the island’s deficit in charge infrastructure, “alleviating range anxiety which is one of the critical barriers to fostering greater EV usage in the country”.
In under 15 minutes, a typical rapid charger will add 100km of range to an electric vehicle.
“As a fast-growing Irish business in the energy transition sector, this investment accelerates the final component of our strategy, complementing our sister company CarCharger EV Ltd that has been successfully installing and operating EV chargers in homes and workplaces across Ireland for over five years,” said EasyGo financial director Rob Sheehan
“Drivers will be able to charge at home, at work, and now in public charging stations across the island,” he added.
The Irish Times reports EasyGo also recently signed a deal with telecommunications firm Eir to convert 180 former telephone kiosks into rapid charge points.
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