• The investments will be used to expand the mobile charging infrastructure, expand the product range and geographical presence;
• The plan also includes the opening of new locations abroad: by the end of the year, the recharging service will be active in France and Spain, then in the first half of 2022 in Germany and the UK, and in early 2023 in the USA;
• The van fleet will be expanded by 100 new vehicles by next summer, with a target of 500 vans by 2025;
• The plan also includes an initial launch of ultra-fast products in the first half of 2022.

Rome 24 november 2021 – The next three years will be crucial for the expansion in Europe and worldwide of E-GAP, Europe’s first mobile and on-demand recharging operator for electric cars. The Italian company, with services already in place in Rome and Milan, and soon in other cities across the peninsula, plans to invest 200 million euros in its new three-year business plan, mainly to expand its mobile charging infrastructure, expand its product range and open up new countries and around 200 cities in Europe and the US.

With regard to expansion on international markets, the Plan provides for the opening of the service in France and Spain by the end of the year, starting with Paris and Madrid. Expansion will also involve Germany and the United Kingdom by the first half of 2022, thus completing the first phase of the Industrial Plan, which envisages positioning the service in the main European countries, corresponding to about 70% of the electricity market in the area.

The second phase of the plan includes further expansion in Europe to cover the main capitals of the Old Continent, as well as entry into the US market by early 2023.

“Expansion outside Italy is a decisive step for E-GAP and consolidates the success of our service, which is based on convenience, flexibility and ease of recharging.  We are confident that France and Spain will be the first stepping stones to further expansion in other countries, in Europe and beyond, developing a new model of green recharging alongside fixed infrastructures that have very long implementation times” said Luca Fontanelli, CEO of E-GAP.

E-GAP is also working on expanding its fleet of on-demand electric charging vehicles: 100 new e-vans are planned by summer 2022, with the aim of reaching 500 green charging vehicles by 2024.

The company is also working to complement its mobile charging offering with a range of off-grid charging solutions, including an initial launch of ultrafast products as early as the first half of 2022.

 

New appointments in newly opened markets

E-GAP’s Board of Directors has appointed Frédéric Courneau, a manager with 25 years’ experience in the PSA Group (Stellantis), as Country Manager for the French market, and Álvaro Pellejero, former Global Operations Manager for Europe and Latin America at Movo, as Country Manager for Spain.

E-GAP is the first mobile, on-demand and sustainable charging provider for electric cars in Europe. Through the smartphone app of the same name, E-GAP allows you to receive a home recharge, of “fast charge” level and performed via zero-emission e-van. From 2019 active in Milan and Rome, but soon available in other Italian and European cities. E-GAP was founded by the current President and main shareholder Eugenio de Blasio, one of the pioneers of the Green Economy sector, former CEO and top manager of Nasdaq-listed groups; by Global CEO Daniele Camponeschi, CIO in leading financial groups; by Global CFO Alessandro Di Michele, CFO in leading international financial groups. The company is led by CEO Luca Fontanelli. For further info: e-gap.com