EIB

Vestas is a leading company in the wind energy sector, dedicated exclusively to harnessing the power of wind to create sustainable energy solutions. With over 38,000 wind turbines installed across 63 countries, Vestas contributes significantly to the global energy landscape, aiming to enhance locally produced energy and generate jobs. The company installs an average of one wind turbine every three hours, reflecting its commitment to increasing the share of wind power in the world’s electricity production. By 2020, Vestas anticipated that wind energy would account for 10% of global electricity generation, and it continues to work towards expanding this figure. Additionally, Vestas Ventures serves as the corporate venture capital arm of the company, focusing on accelerating sustainable energy deployment and exploring new growth opportunities through strategic investments. Through these efforts, Vestas aims to lead the transition to a cleaner energy future.

Eggtronic s.r.l. is a consumer electronics company that specializes in designing and manufacturing innovative power solutions, including a range of wireless chargers such as pads, stands, and valet trays, as well as integrated chargers like Wheeless and HUB IT charging stations. Founded in 2012 and headquartered in Modena, Italy, with additional locations in San Francisco and production facilities in China and Malaysia, Eggtronic focuses on environmentally friendly and energy-efficient technologies. The company holds over 150 international patents, emphasizing its commitment to cutting-edge advancements in power conversion and wireless power transfer. Eggtronic's products cater to various electronic devices, ensuring high power transfer efficiency and scalability. The brand Einova, launched in 2020, represents Eggtronic's high-end retail offerings, while a new division dedicated to integrated circuits is set to produce microchips, enhancing the company's technological capabilities and market reach.

Valeo SA, founded in 1923 and headquartered in Paris, France, is an independent automotive supplier that designs, produces, and sells components, integrated systems, and modules for the automotive industry. The company operates through four main segments: Comfort & Driving Assistance Systems, Powertrain Systems, Thermal Systems, and Visibility Systems. Valeo's offerings include advanced parking and driving assistance products, electric powertrain systems, and thermal management solutions to enhance passenger comfort. It also provides lighting and wiper systems for various weather conditions. Valeo generates a significant portion of its revenue from original equipment sales, with a smaller share coming from aftermarket parts. The company serves a global market, with Europe being its largest region, followed by Asia and the Americas. Its commitment to innovation is reflected in its focus on technologies aimed at reducing CO2 emissions and improving vehicle efficiency.

Vulog SA is a company that specializes in shared mobility solutions, offering a platform that enables users to book and reserve cars efficiently. Founded in 2006 and headquartered in Paris, France, Vulog provides a comprehensive suite of software as a service (SaaS) solutions, which includes advanced fleet management tools, consumer-facing mobile applications, and connected vehicle technology, allowing for the rapid launch of large-scale fleets. Its technology is designed to support a variety of clients, such as automobile manufacturers, car rental companies, and insurance providers, facilitating their growth and operational efficiency in the shared mobility sector. With additional offices in major cities around the world, Vulog leverages its global presence and artificial intelligence capabilities to optimize fleet operations and anticipate user demand, thereby reshaping urban mobility for both companies and individuals.

Wenea Mobile Energy operates as a mobile energy provider focused on electric vehicle (EV) charging solutions. The company has developed an app-based platform that facilitates the recharging of electric cars by offering a universal network of charging services. Through its services, Wenea enables customers to easily find and manage EV charging stations, enhancing the accessibility and convenience of electric vehicle use.

Nilar International AB is a Swedish company specializing in the development and manufacture of advanced nickel metal hydride (NiMH) battery modules and energy storage systems. Founded in 2000 and headquartered in Täby, Sweden, with additional facilities in Gävle and Denver, Nilar focuses on providing solutions for various applications, including traction, industrial use, heavy-duty hybrid vehicles, and smart grid systems. Their innovative battery technology is designed to address the growing demands of energy providers, telecom companies, and commercial property owners, particularly in the context of renewable energy integration and grid stabilization. Nilar's products are characterized by their environmental safety and competitive lifecycle costs, positioning the company as a key player in the transition from fossil fuels to renewable energy sources in both North America and Europe.

Bolt Technology OÜ operates a transportation platform that offers ride-hailing, micromobility, and food delivery services. Founded in 2013 and headquartered in Tallinn, Estonia, Bolt provides a smartphone application that enables users to book taxis based on price and quality ratings, track drivers in real-time, and order services without waiting for a dispatcher. The company has expanded rapidly, serving over 50 million customers across more than 40 countries, including regions in Europe, Latin America, and Africa. Bolt aims to reshape urban mobility by promoting a future with reduced car ownership and enhanced flexible transport options, thereby contributing to decreased traffic congestion and pollution in cities.

QEV Technologies is a Barcelona-based manufacturer specializing in electric vehicles and related components. Founded by Joan Orus, who has two decades of experience in electric mobility, the company has gained recognition through its success in various racing championships, including WRC, TCR, WTCC, and Formula E. This competitive background has driven the development of advanced technologies such as battery management, motor control, and vehicle-to-grid systems. QEV Technologies provides complete solutions to automakers and fleet operators, enabling them to reduce emissions and lower operating costs while advancing the transition to electric mobility.

FAZUA specializes in developing an e-Bike drive system. Its e-Bike drive system was designed to meet sportive demands and, at the same time to create a natural feeling of non-motorized bike riding. FAZUA was founded in 2013 and is headquartered in Ottobrunn, Bayern, Germany.

Northvolt AB, founded in 2016 and based in Stockholm, Sweden, specializes in the manufacture of sustainable lithium-ion batteries tailored for various sectors, including automotive, grid, industrial, portable, and micromobility markets. The company focuses on developing eco-friendly battery solutions that feature a minimal carbon footprint and incorporate advanced recycling technologies. Northvolt provides a range of products, including battery cells, custom cells, and complete battery systems, all designed to support clean energy initiatives and facilitate the electrification of transport. By emphasizing research and development, as well as industrialization, Northvolt aims to establish a reliable supply of sustainable battery cells and systems, enabling industries to transition from fossil fuels to electric alternatives efficiently.

Navya SA is a prominent French company specializing in autonomous vehicle technology and smart shared mobility solutions. Founded in 2014 and headquartered in Villeurbanne, France, Navya develops, manufactures, and services a range of driverless electric vehicles, including autonomous shuttles and cabs. The company primarily caters to municipalities, industrial sites, universities, theme parks, and airports, and its products are available in the United States, EMEA, and Asia-Pacific regions. Navya has been a pioneer in the autonomous mobility sector, launching its first shuttle, the AUTONOM®SHUTTLE, in 2015, with over 100 units produced and sold in multiple countries. The AUTONOM®CAB, introduced in 2017, is set to undergo road tests soon. With a workforce of more than 200 employees in France and the United States, Navya combines advanced robotic and digital technologies to deliver innovative mobility solutions.

Northvolt AB, founded in 2016 and based in Stockholm, Sweden, specializes in the manufacture of sustainable lithium-ion batteries tailored for various sectors, including automotive, grid, industrial, portable, and micromobility markets. The company focuses on developing eco-friendly battery solutions that feature a minimal carbon footprint and incorporate advanced recycling technologies. Northvolt provides a range of products, including battery cells, custom cells, and complete battery systems, all designed to support clean energy initiatives and facilitate the electrification of transport. By emphasizing research and development, as well as industrialization, Northvolt aims to establish a reliable supply of sustainable battery cells and systems, enabling industries to transition from fossil fuels to electric alternatives efficiently.

Forsee Power designs and manufactures smart battery systems. They believe innovative battery systems are the key to a successful and sustainable energy transition, optimizing the life cycle of smart mobility and smart life devices, globally. They partner with their clients worldwide to accelerate innovation with smart battery systems for the electric transport (Smart Transport), portable and mobile equipment (Smart Life), enabling a sustainable energy transition. Driven by a high sense of innovation, customer satisfaction and operational excellence, their teams ensure customers enjoy safe, reliable, long-lasting and performant application-specific solutions.

Electro Power Systems operates in the sustainable energy sector, focusing on hybrid energy storage solutions and microgrids that convert intermittent renewable energy sources into stable power supplies. Established in 2014 and headquartered in Paris, France, the company has developed advanced technologies protected by 125 patents, supported by over a decade of research and development. EPS provides a range of services, including energy storage systems for solar farms and industrial applications, as well as centralized and residential charging stations for electric vehicles. It has implemented 36 large-scale projects worldwide, totaling over 35 MW of installed power, which serves more than 165,000 customers daily. Additionally, the company has deployed over 18 MW of grid support systems, contributing to a total capacity output of 47 MWh across 21 countries, including regions in Europe, Latin America, Asia, and Africa.

Skeleton Technologies OÜ specializes in manufacturing ultracapacitors and related systems, targeting applications in automotive, industrial, transportation, and energy sectors. Founded in 2009 and headquartered in Tallinn, Estonia, with additional facilities in Germany, the company utilizes patented curved graphene technology to produce ultracapacitors that boast superior energy density and power density compared to competitors. These advanced energy storage solutions enable industries to enhance efficiency, reduce fuel consumption, and lower carbon emissions. Skeleton Technologies serves a diverse clientele, including global engineering firms, the European Space Agency, and leading automotive manufacturers, while also providing welding services and maintaining a network of distributors worldwide.

AW-Energy Oy is a Finnish company that specializes in the design, development, and manufacture of wave energy generation equipment. Founded in 2002 and based in Vantaa, the company has created the WaveRoller, a submerged wave energy converter that transforms ocean wave energy into electricity. The WaveRoller operates by harnessing the wave surge phenomenon, where the circular motion of water particles in open sea waves transitions to a horizontal back-and-forth movement in shallow waters. This movement drives piston pumps that generate hydraulic pressure, which is converted into electricity through a motor/generator system. Each WaveRoller unit can produce between 500 and 1,000 kW, depending on local wave conditions, and multiple units can be combined to form a scalable wave farm. The modular design allows for flexibility in construction and operation, ensuring consistent energy output even if individual units require maintenance. Since its initial prototype development in 1999, AW-Energy has conducted extensive testing in various marine environments, including the Gulf of Finland and Portugal, leading to successful deployment of demonstration plants connected to national grids.

Better Place was an electric vehicle services provider that focused on building and operating infrastructure to support the adoption of electric vehicles and optimize energy use. Established in 2007 by Shai Agassi and Quin Garcia, the company was headquartered in Palo Alto, California, and operated in several regions, including North America, Japan, Australia, China, Denmark, and Israel. Better Place developed an intelligent network that offered electric car drivers access to charging stations and battery switch stations, enhancing the overall driving experience. The company formed a strategic partnership with Renault to further its objectives. Despite its innovative approach to renewable energy-powered mobility, Better Place filed for bankruptcy in November 2013.