Charged for the future
Building the necessary charging infrastructure.
(Published: July 01, 2022)
CTEK is the global leading brand in battery charging solutions, specializing in vehicle charging. CTEK offers products ranging from 12V and 24V battery chargers to charging solutions for electric vehicles. Their products are sold via a carefully selected network of global distributors and retailers. They also supply their products to more than 50 of the world’s leading vehicle manufacturers and, through charge point operators, property owners as well as other organizations and individuals providing EV charging infrastructure. CTEK is working actively with parking operators, property owners and others looking for solutions to offer their customers charging solutions.
What are the environmental challenges facing the automotive industry?
The automotive industry is facing an urgent need to significantly reduce their greenhouse gas emissions. Changing consumer behavior and stricter regulations by government and the EU call for a rapid shift to electric mobility. But for the EV sector to grow there is an urgent need to develop an efficient and convenient charging infrastructure.
What is the potential and impact of CTEK’s operations?
CTEK operates at the heart of the energy transition by promoting low-carbon vehicle charging solutions, and by actively working to develop a supply chain with a high degree of social and environmental responsibility. With 50,000 charging points in use, and more to come, CTEK contributes to the EV shift while promoting the electrical grid of the future. CTEK’s chargers are used in homes, offices, parking garages and more. Better availability of charging stations in turn helps nudge consumers toward buying an EV. CTEK also reduces the CO2 footprint of traditional cars by improving the lifespan of car batteries with their low voltage offering.
In 2022 Altor released its first Sustainability Report based on data and information from 2021. For the report, a selection of portfolio companies were interviewed about their interesting ESG journeys. In the report you will find more on Altor’s work on Environmental, Social and Governance-related topics and other interesting cases from the portfolio.
Published: Jul 01 2022