Electra deploys and operates fast-charging points to facilitate the adoption of electric vehicles through a vast, rapid and high-performing charging network. Electra has developed a seamless and intuitive customer journey thanks to its compelling integration of best-in-class hardware and software. The company is pursuing a rapid growth strategy and is active in eight strategic European markets, where it has more than 500 fast-charging points.
In 2023, Energy Infrastructure Partners and Electra launched a Swiss joint venture. Its mission is to expand Electra’s installed base of charging sites in the Swiss and Austrian markets. Energy Infrastructure Partners will manage a 49.9% stake in the long-term joint venture, with up to EUR 200 million in initial capital to be injected through 2026. Accelerating the transition to electric mobility is a priority in Switzerland and Austria. Switzerland has already established itself as a testing ground for the electric vehicle industry, with new vehicle registrations in 2023 exceeding those in larger neighboring countries such as France and Germany by 20%.
Beyond the sites already secured in Switzerland – primarily in Geneva, Lausanne, St. Gallen and Zurich – Electra has an extensive pipeline of sites under consideration. The joint venture aims to install 100 fast-charging stations in each country by 2026.