Tiger Infrastructure Partners has invested €50 million ($58 million) in Munich–based Qwello, a full-service builder, owner and operator of electric vehicle (EV) charging infrastructure, focused on major European cities.
Qwello operates charging poles at public locations in partnership with local municipalities. The company provides all elements of the charge point infrastructure service, including hardware and software development, installation, ownership, operations and maintenance. Qwello’s goal is to create easy access and easy-to-use charging stations in convenient urban locations.
“The European EV sector is experiencing unprecedented growth, driven by subsidies for EVs, fast-declining battery costs and the expansion of EV offerings by OEMs,” said Emil Henry Jr., CEO and managing director of Tiger Infrastructure. “However, the supply of charging infrastructure is not keeping pace with the significant demand for EVs. I am delighted that Tiger Infrastruct
