Spanish electric vehicle (EV) charging company Zunder has raised €100 million ($97 million) from French sustainable investment manager Mirova, an affiliate of Natixis Investment Managers, in a bid to accelerate its roll-out of ultra-fast EV charging stations across Southern Europe.
Since its 2017 founding, Zunder has established itself as the leading independent EV charging infrastructure operator in the Iberian Peninsula after receiving early backing from energy and infrastructure investment firm White Summit Capital and Co-Investors. The latest investment round will speed up Zunder’s plan to surpass 4,000 ultrafast charging points across Southern Europe.
The electric mobility market is rapidly developing throughout Europe, and Spain is no exception. Electric car sales jumped 238 percent during the first three quarters of 2022, compared to yearend 2021 figures. Spain has a target to reach more than 5 million EVs by 2030 — up from about 300,000 currently, and the
