Repsol acquires miio to promote electric mobility in the Iberian Peninsula

Repsol took a strategic step to strengthen its commitment sustainable mobility at the time of buying controlling interest in miioa Portuguese company that has been part of the portfolio since July 2022 Portugal Venture, a venture capital firm integrated into the Portuguese Development Bank group. The company strives to offer innovative charging solutions for electric vehicles, end consumers and companies and already has more than 270,000 registered users and more than 125,000 charging stations in its system.

With this acquisition, Repsol wants strengthen its commitment to electric mobility in the Iberian Peninsulaoffering innovative charging solutions for electric vehicle users. “This alliance is in line with Repsol’s strategic plan and objectives, allowing us to expand our portfolio and put our knowledge into practice in the field of electric mobility. “We believe that our experience, combined with our presence in the Iberian market, will significantly enhance the offering of innovative solutions to meet the varied needs of our clients,” he said. Rooster Pigeonresponsible for the development of Repsol electromobility in Portugal.

Repsol, with almost 15 years of experience, already has one of the most relevant public networks on the Iberian Peninsula. In this direction the company is developing intelligent network deployment, which includes installing fast and ultra-fast charging points at strategic locations for electric vehicle owners. At the moment, Repsol has more than 1,800 charging stations. installed on the peninsula, which makes the company a leader in the number of fast charging points at service stations.

Actually an energy company in the main corridors of the peninsula with service stations equipped with fast or ultra-fast charging points and compatible connectors for any type of electric vehicle. These charging points are always operational and are personally supervised most hours, with 24/7 assistance and attention by telephone, as well as additional services available to users.

“We are very pleased to welcome Repsol. This is an important milestone that celebrates not only our growth, but also our shared vision of innovation and sustainability. This enhances our ability to deepen internationalization and further enrich the miio product portfolio. This collaboration is a lever that will help us advance electric mobility and strengthen our path to independence and innovation,” he states. Daniela SimõesCEO and co-founder of miio.