Landis+Gyr has acquired Thundergrid, a Wellington-based EV infrastructure company, to enhance sustainable transportation solutions in New Zealand and accelerate EV adoption.
Information on the Target
Thundergrid is an electric vehicle (EV) infrastructure company located in Wellington, New Zealand. The company is dedicated to facilitating a seamless transition to sustainable electric transportation, aligning with New Zealand's ambitious goal to attain net-zero emissions across all greenhouse gases by the year 2050. Thundergrid's mission stems from its deep-rooted experience in the electricity sector, where it aims to address and eliminate barriers that hinder the adoption of electric vehicles.
Thundergrid specializes in providing comprehensive EV charging solutions tailored to government entities, corporations, property developers, and individual homeowners. Their offerings are designed to foster a smarter and more integrated grid, supporting the broader ecosystem of clean energy in New Zealand.
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Industry Overview in New Zealand
The electric vehicle market in New Zealand is currently experiencing significant momentum, fueled by government initiatives and public demand for sustainable transport solutions. With various incentives promoting EV ownership and a growing commitment from both priv
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Landis+Gyr
invested in
Thundergrid
in 2023
in a Merger deal