Jolt Energy has received a 150 million euro investment from InfraRed Capital Partners to bring battery-buffered ultra-fast charging stations to city centers in Europe and the US.
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Ultra Fast Charging Stations
JOLT Energy has closed a successful financing round to build a comprehensive fast charging infrastructure. InfraRed Capital Partners, an international infrastructure investment firm, provided a €150 million investment. Nomura Greentech acted as exclusive financial advisor to JOLT Energy. The investment will enable the company to grow and expand its electric mobility infrastructure. E-mobility company JOLT Energy is known as a pioneer in the operation of ultra-fast charging stations with battery buffers in urban areas. The company is preparing to expand with the investment. Jolt Energy announced that thousands of fast charging stations will be installed in European and North American cities.
This step aims to accelerate the transition to electric mobility and make a significant contribution to the climate crisis. JOLT Energy is based in Dublin and Munich. It is leading the expansion of ultra-fast charging infrastructure. JOLT Energy combines charging stations and battery storage to revolutionize ultra-fast charging of electric vehicles in urban areas. JOLT charging stations with up to 320 kW of power can operate by connecting to the existing low voltage grid. The battery storage provides additional energy throughout the entire charging process, enabling a 100 km driving distance to be charged in just 5 minutes. This enables cities and field partners to create a fast charging infrastructure without extensive construction and network expansion.
JOLT offers one of the fastest charging networks on the market with up to 320 kW of power.
JOLT Energy is addressing the lack of sufficient charging points for electric vehicle drivers in city centers and other high-traffic areas. The company is installing charging stations in locations such as supermarket parking lots within the city to provide ultra-fast and reliable charging service. JOLT offers one of the fastest charging networks on the market with up to 320 kW of power. Thanks to integrated battery storage, it can be connected to all low-voltage AC networks. This ensures network stability and accelerates the transition to e-mobility. At the same time, air and noise pollution in cities is reduced. JOLT builds charging stations in partnership with supermarkets, restaurants and service stations in cities. These partnerships allow cities to attract the public and increase customer satisfaction for site partners. It is also helpful in generating additional income. In addition, these partnerships do not require significant effort or investment. JOLT has opened its first sites in Germany and aims to open 100 more by the end of the year.
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