IRELAND’S largest EV charging network operator EasyGo has secured more than £12.5 million in funding to add 500 rapid chargers to its electric vehicle charging network across the island.
The high-powered chargers - which will add 100km of range to an EV in less than 15 minutes - will be rolled out to retail, town centre and hospitality destinations via a range of strategic partnerships EasyGo has entered into.
And the firm says the investment will address the significant deficit for such infrastructure across the whole of Ireland, and will alleviate range anxiety, which is one of the critical barriers to fostering greater EV usage.
The €15m funding has been secured in partnership with Rubicon Capital Advisors, DunPort Capital Management, and Air Core, based in Belfast.
Air Core managing director Brendan Boyd said: “As renewable energy generation increases across both Northern Ireland and the Republic, this investment will help both accelerate the electrification of the transport sector and create higher demand for renewable energy.
“The use of fossil fuels and combustion engines continues to diminish, with companies such as EasyGo being the future for a fully decarbonised world. We are delighted to have had the opportunity to invest in EasyGo.”
The involvement of Rubicon Capital Advisors, DunPort Capital Management and Air Core provides EasyGo with the ability to invest, instal and maintain public EV chargers across Northern Ireland and the Republic.
Chris Kelly, director of EasyGo, said: “Northern Ireland has an acute need for charging points to service its growing number of EV drivers. As the largest privately-owned network on the island of Ireland, EasyGo is in a unique position to quickly roll out this much needed infrastructure.
“Our rapid charger network will ensure that electric vehicle drivers in Northern Ireland have access to best-in-class EV charging facilities.”
