Mota-Engil invests in Remo Sustainable Mobility to accelerate its expansion in Spain's electric vehicle charging market, aiming to establish 3,000 charging stations in five years.
Information on the Target
Remo Sustainable Mobility is a leading provider of electric vehicle charging solutions in Spain, currently operating a network of 200 public charging stations and with an additional 300 under installation. The company aims to enhance accessibility for users by positioning charging stations in everyday locations, such as supermarkets, thereby promoting cleaner and more sustainable urban mobility.
Industry Overview in Spain
Spain is rapidly advancing toward a greener future, with electric vehicle (EV) adoption significantly increasing over recent years. The government has implemented numerous incentives and initiatives aimed at boosting the use of electric vehicles and expanding the charging infrastructure. This strategic push is aligned with the broader European Union goals of reducing carbon emissions and becoming a climate-neutral continent by 2050.
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The electric vehicle charging industry in Spain is characterized by strong competition among various players, striving to establish extensive networks of charging points. Companies are innovating continuously
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Mota-Engil
invested in
Remo Sustainable Mobility
in 2024
in a Strategic Partnership deal