- The EIB and electric vehicle charging innovator Rocsys BV sign €18 million quasi-equity agreement to finance the development and deployment of next-gen robotic charging.
- The financing will be used for Rocsys’ second and third generation autonomous charging solutions, currently being developed in the Netherlands.
- This agreement was made possible with the support of the InvestEU programme, which aims to trigger over €372 billion in additional investment over the period 2021-2027.
Netherlands-based provider of autonomous charging solutions for electric transport Rocsys BV has signed a €18 million quasi-equity deal with the European Investment Bank (EIB). The agreement will provide Rocsys with financing to accelerate the development and deployment of its second and third generation autonomous robotic charging solutions over the 2023-2025 period. Rocsys’ investment plans for this period will focus both on hardware and software technology development, as well as testing equipment. The EIB financing for the project is made possible with the support of the InvestEU programme, which aims to mobilise over €372 billion in additional investment for EU policy priorities over the period 2021-2027.
EIB lends €18 million to Rocsys for robotic electric vehicle (europa.eu)