Patrizia SE, in collaboration with a banking consortium, is investing €140 million in Numbat GmbH to enhance electric vehicle charging infrastructure in Germany.

Overview of Numbat GmbH

Numbat GmbH is a Cleantech company founded in February 2021 in Kempten (Allgäu) by Martin Schall and Dr.-Ing. Maximilian Wegener. The company specializes in providing and operating high-power charging solutions, which are particularly notable for their integrated battery storage systems. This innovative design allows Numbat's charging stations to be installed in locations where the electricity grid lacks the necessary capacities, thereby facilitating the expansion of charging infrastructure where it is otherwise limited.

Industry Overview in Germany

The electric vehicle (EV) market in Germany is experiencing significant growth, driven by both government policies and rising consumer demand for cleaner transportation solutions. The German government has been actively promoting the adoption of electric vehicles through various incentives and infrastructure development initiatives. This strategic shift towards sustainable mobility is aligned with Germany's broader environmental goals and commitments to reducing carbon emissions.

The demand for EV charging infrastructure is growing rapidly, with an increasing number of people transitioning to electric vehicles. In 2023, Germany aimed to have substantially improved the public charging