“Eldrive Holding is set to invest around EUR146 million to install 4,376 new EV charging stations in Romania, 2,575 in Lithuania and 1,530 in Bulgaria.
The company has over 1,200 EV charging stations in the three countries.
The investment is supported by the InvestEU scheme aiming to attract additional investment of over EUR372 billion between 2021 and 2027, in green transition, competitiveness, innovation and durable infrastructure.
The scheme will support EU’s green plan of having one million public EV charging units and alternative fuel stations in the 27 member states by 2025.
(English version by Catalina Apostoiu)