Catalyst Venture Partners (CVP) has signed an exclusive agreement to advise Green Motion on its entry into the growing market for electric vehicle charging infrastructure.
Richard Turner, CVP managing partner, said: “The move to electric transport is now well underway. For widely documented reasons of dwindling oil reserves, desire for cleaner cities and future energy security, electric car charging infrastructure is becoming a mainstream mass market.
“In addition to massive scale, the market is a cross roads for hardware installation, software applications and smart energy management.
“Green Motion has brought together a uniquely talented team and proven technology to fully exploit the commercial opportunity. This is a great moment to participate directly in the energy revolution.”
A growing number of EVs are being launched, which is driving municipal and private sector growth in charging infrastructure investment.
Green Motion has developed a new generation of charging post infrastructure, which paves the way for many innovative and essential carbon reducing technologies.
Fully GSM networked and powered up with more enabling microprocessor technology than a PC, the Green Motion devices use renewable electricity, from wind and solar sources, giving electric car owners the ultimate green credentials.