Nordic energy company Statkraft has acquired a 61% interest in German electric car charging outfit eeMobility.
Contracts were signed on 19 December.
Statkraft’s investment will support eeMobility’s plans to scale up its business and will also exploit opportunities between the energy company’s energy management and retail activities in Germany and its charging business in Norway.
Statkraft new business vice president Bjorn Holsen said: “We are convinced that the commercial fleet market will play a major role in spreading e-mobility in Germany.
“Statkraft has long experience in emobility with Norway being the leading market world-wide for EV adoption.
“We seek to bring those experiences to other European countries, in partnership with leading start-ups that we can help scale.”
According to Holsen eeMobility is well placed with its advanced product offering for employee car fleets in Germany.
“We look forward to building the company together with the founders,” he added.
eeMobility co-founder Klaus Huber said: “For the last four years we have built up an agile enterprise bringing to life our vision of intelligently connecting electric vehicles with energy markets by creating charging solutions that address volatility of renewable energy production.”
The company’s other co-founded Robin Geisler said: “We see a huge potential to accelerate our future growth using Statkraft’s expertise from advanced EV markets.”