Electra Company Research Report
Company Overview
Name
Electra
Mission of the Company
Electra aims to rethink vehicle charging to be more reliable and always prioritize the customer. Their goal is to make EV charging as easy as filling up with petrol, ensuring efficient, fast, and stress-free charging to improve user comfort.
Founding Details
- Founded by: Aurélien de Meaux, Augustin Derville, and Julien Belliato
Key People
- Jorge Espinel has joined as Senior VP Strategic Partnerships & New Business
Headquarters
No information is available on the exact location of the headquarters.
Number of Employees
200 employees.
Revenue
No information is available.
What the Company is Known For
Electra is known for being a leading European specialist in fast charging for electric vehicles. It has set a goal to develop 15,000 fast-charging points across Europe by 2030.
Products
Overview
Electra offers a network of fast-charging stations for electric vehicles. The primary product offerings are centered around efficient and fast vehicle charging.
Product Details
- Charging Stations
- High-Level Description: Fast-charging stations designed to provide quick, reliable service to electric vehicle users.
- Key Features:
- Offers fast charging allowing for significant km range coverage in a short time (e.g., 400km in 20 minutes).
- Bookable spots for convenience, ensuring no hassle or queuing.
- Stations located across several European countries and expanding continuously.
- Functional services spaces to transform car parks into convenient service areas.
Recent Developments
New Products and Features
- Electraline: This latest product innovation is a connected charging station that aims to transform the overall charging experience.
New Partnerships
- Joint Venture in Switzerland: Partnered with Energy Infrastructure Partners to launch a Swiss joint venture.
- Collaboration with Stellantis: Initiated a pilot project with Stellantis to enhance the public fast charging experience in France.
Strategic Moves
- Capital Fundraising: Successfully raised €304 million ($304M), a record in the EV charging sector, leading to nearly €600 million in capital over three years.
- Awards: Received the European Scale-Up of the Year Special Award from the European Investment Bank.
Market Expansion
- Expanding the network’s presence in countries including France, Belgium, Luxembourg, Netherlands, Germany, Italy, Switzerland, Austria, and Spain.
- Target to have +2,200 charging stations across Europe by 2030.
Innovation and Investment
- Invests heavily in R&D to ensure the optimal user experience through advanced mobile interfaces and practical service implementations.
Brand Identity
- Unveiled a new visual identity to enhance its market presence and reflect the brand's commitment to an emotionally connected and customer-centric service.
Electra continues to leverage its expertise in tech, infrastructure, and mobility to push the boundaries of electric vehicle charging and aims for further leadership within the European fast-charging market.
