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Electric cars are expensive, electricity is expensive, it's not worth it.
AgeVolt and Slovak Parcel Service announce cooperation in expanding the charging capabilities for couriers
We are very pleased to announce the partnership with Slovak Parcel Service (SPS), a leading courier company to build a network of charging stations for its fleet of electric vehicles in SPS delivery centres. We are thus continuing our long-term strategy of making electromobility an everyday part of our lives and contributing positively to environmental protection and sustainability.
AgeVolt shares similar vision with SPS in the field of building the charging infrastructure and promoting sustainabile practices. SPS is modernising their fleet with electric vans, with an empahsis on building the required infrastructure. The first charging stations were installed and comissioned in the headquarters in Ivanka pri Dunaji and in two new delivery centers in Trnava and Trenčín.
"The installation of new charging stations is the next step in the sustainable delivery of parcels and improvement of green infrastructure. We are continuing with this initiative to offer first-class courier services that is also environment friendly. Further charging stations will be installed for electric vehicles in Bratislava (Petržalka), Strečno, Banská Bystrica and Budimír," explained, Ján Ťurek, Head of Slovak Parcel Service.
"At AgeVolt, we view electromobility in the context of everyday life to make it accessible and convenient. I am very pleased that the courier leader Slovak Parcel Service is embarking on the initiatie building charging stations around its delivery centers. We will be a reliable partner in this mission and look forward to the joint development of electromobility throughout Slovakia," says Ján Zuštiak, founder and CEO of AgeVolt.
AgeVolt has a sustainability in its DNA and has the UN Sustainable Development Goals of affordable energy and climate action in its mission.
"We have been looking for ways to reduce the carbon footprint of our own production process. We have invested in planting over 800 trees in the Tatras region in Slovakia to offset carbon emissions. We are committed to using half of the generated profit in the coming years to develop a business with a positive social impact providing income oppoertunities for the economically disadvanted." econtinues Ján Zuštiak, CEO and founder of AgeVolt.
AgeVolt goes even further by using 100% biodegradable and compostable bioplastic for packaging made in Slovakia. Nonoilen is the only bioplastic in the world that does not contain synthetic polymers from zropy.
In the context of a sustainable strategy, SPS couriers have supported local governments by planting trees, modernizing the vehicle fleet with electric vans, and SPS customers have been using electronic receipts or biometric signature technology for several years.
About AgeVolt Slovakia
AgeVolt Slovakia was founded in 2019 in Bratislava and its vision is to help society break down prejudices and facilitate the transition to electromobility. It brings an intelligent, efficient and affordable charging system, or a complex digital ecosystem, which currently consists of chargers, energy management, a digital platform and a mobile application. He believes that this is the way forward for mass adoption and trouble-free operation of electromobility. These activities brought the company an investment of 1.2 million in 2021. EUR from the investors IPM and VFF to realize its intention now, thanks to the investment from the CB ESPRI Impact One fund, AgeVolt can also fulfill its intention in the area of sustainability.
About Investors
CB ESPRI is a joint venture of the research consultancy ESPRI, and investment platform Crowdberry. It manages the CB ESPRI Impact One fund to support businesses of non-profit organizations with a positive social impact. By the end of 2023, the fund will invest capital of up to 10.5 million. EUR from funds provided by Slovak Investment Holding from the Human Resources Operational Program.
InoBat is a Slovak research, development and energy solutions company founded in 2019, which focuses on the complete life cycle and touches every part of the battery value chain, including research and development, production, recycling, energy storage and charging. Its flagship project, InoBat Auto, aspires to become Europe's leading supplier of EV batteries thanks to its superior R&D capabilities and ability to create high-volume, tailor-made EV batteries with faster development times than is common in the industry.
IPM Group is an asset management company. It specializes in investing in the InfraTech asset class, which provides pioneering technologies with the infrastructure needed to ensure long-term growth. IPM focuses on investing in companies that are capable of solving some of the world's most pressing problems in the energy, mobility and digital infrastructure sectors.
Venture to Future Fund (VFF) is the result of a joint initiative of the European Investment Bank (EIB) and the Ministry of Finance of the Slovak Republic through Slovak Investment Holding. The fund was founded in 2019, and due to its setup, it is the first venture capital fund of its type in the CEE region, which managed to obtain capital from the EIB. VFF focuses primarily on the support and development of the venture capital market for SMEs in Slovakia and the EU. The fund's investment strategy consists in supporting innovative companies in the growth phase of their life cycle with the potential for expansion into European and global markets. The fund has funds in the amount of over EUR 40 million.