December11th, Lithuania

Today the very first electric vehicle (EV) charging park in Lithuania and the Baltic States was officially opened. This charging park is owned, built and operated by Eldrive and can charge up to 20 electric cars simultaneously, with individual charging points offering output of 200 kW DC and overall installed capacity of over 2 MW. This is the first EV charging facility of such  scale and type in Lithuania and the Baltic region, and one of the very few in the EU. The charging park is planned to be expanded with more stations, including charging infrastructure for electric buses and trucks, and with BESS (Battery Energy Storage System) on the location. The company multiple such charging parks to be build on main roads and transportation corridors in Lithuania, Romania and Bulgaria in 2025.

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The Eldrive charging park is spanning on an area of 1.5 hectares and includes a318-square-meter building with photovoltaics on the roof, featuring cafés, a parents’ rooms as well as work and relaxation spaces. These types of sites are unique and completely lacking in the Baltic States and Europe, but also extremely rare worldwide. The main difference between a charging hub, which Eldrive has been building for several years, and charging parks is that, apart from the scale, the operator is the leading element in the ecosystem. In addition to fast and convenient charging, a whole range of partner goods and services are made available to the user - food, drinks, shops. It's an ecosystem that goes far beyond a small coffee shop or vending machine.  The consumer is offered a range of high-quality amenities and a variety of premium goods and services. These types of venues 'flip' the traditional business model in the sector and cater to all customer wants and needs.

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The Eldrive charging park features 10 fast charging stations with capacity of 200kW DC and the option to be upgraded to 400 kW DC. Along with the charging infrastructure, the park features a "Caffeine" café and a"Narvesen" store. With the development of electric mobility in the region such facilities will play a significant role in supporting the electrification of commercial auto fleets, including cargo transportation. As battery technology advances and more fleet operators embrace electric trucks and delivery vans, large-scale charging parks like this one will facilitate convenient, high-capacity charging solutions along key transport corridors.

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Earlierin 2024 The European Bank for Reconstruction and Development (EBRD) made an equity investment of €15 million in Eldrive Holding GmbH (Eldrive). By 2028,Eldrive will install and operate 7,400 new electric vehicle (EV) charging stations in Lithuania, Romania and Bulgaria in addition to the 1600 it already operates, expanding the EV infrastructure currently available in those countries. The EBRD will invest alongside Renalfa Solarpro Group, Eldrive’s owner, in the first phase of development. The European Investment Bank (EIB) is also providing a €40 million venture debt facility.

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