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Energizing the Future: Erapid’s €30M Investment and the Electrification of Ireland's Roads

We stand at the forefront of an electric revolution, as Erapid, the titan in Ireland’s private car charging network, secures a €30 million investment from Aviva Investors. This investment is not just fuel for the cars, but fuel for the future, sparking job creation, accelerating the adoption of electric vehicles (EVs), and elevating Ireland into a greener tomorrow.

How It’s Shaping the Market:

  1. Catalyzing Infrastructure Growth: With plans to roll out 3,000 fast DC chargers and 20,000 commercial AC chargers, Erapid is solving the immediate problem of inadequate charging infrastructure. The company has a clear road map, aiming to remedy Ireland’s currently low public charger-to-EV ratio.

  2. Spurring Employment: 60 new jobs in operations, customer support, and sales mark an immediate direct impact. The ripple effect will extend to suppliers, construction, and even R&D, thus fueling local economies.

  3. Rubicon’s Increased Stake: Rubicon Capital Advisors, one of Erapid's largest shareholders, is also increasing its investment. This signals strong confidence from existing stakeholders and aligns internal interests for maximized growth.

Implications on the Market:

  1. Accelerating Decarbonization: This investment directly aligns with Aviva’s Climate Transition Real Assets strategy. It sends a strong signal to the market about the role of private investment in achieving climate goals.

  2. Bridging the Infrastructure Gap: Erapid’s strategic growth aligns with Ireland's national ambitions to shift from internal combustion engines to electric powertrains, providing a robust model for other nations to follow.

  3. Market Maturation: As Erapid scales, it prepares the ground for new entrants and adjacent services, further boosting the EV ecosystem.

Three Insights for Investors:

  1. Strategic Alignment: Erapid’s new funding enables a significant expansion of its charging network, offering investors a window into the rapidly growing sustainable transportation sector.

  2. Market Readiness: Erapid's strong growth trajectory signals a market that is increasingly ripe for investment. The company’s focus on infrastructure development sets a precedent for other players, diversifying investment opportunities.

  3. Regulatory Tailwinds: Erapid's mission aligns with governmental efforts to decarbonize transportation. Investments in such aligned initiatives are likely to enjoy favorable policy support.

In the grand scheme of things, this isn’t just about charging cars; it’s about charging up an entire market, setting the stage for a cleaner, greener, and more efficient future. Erapid’s strategic investment from Aviva is more than a capital injection; it's a blueprint for how private enterprise and strategic investment can shape the future.

To keep your pulse on such electrifying developments, connect with us at Market Unwinded. It's not just about keeping pace; it's about leading the charge.


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