Electrify Georgia has reached operational profitability within its first year of operations, marking a significant milestone in the development of Georgia’s electric vehicle charging infrastructure.
The company’s rapid progress has been driven by disciplined capital deployment and a focused approach to building infrastructure where demand is emerging fastest in Tbilisi as well as along key intercity and highway corridors. The network has also seen steady month-over-month growth in active users, reflecting increasing EV adoption and repeat usage across key locations.
Reaching profitability at this early stage validates the long-term fundamentals of the EV charging market in Georgia and highlights the importance of early investment in scalable, high-power charging solutions.
Georgia’s business environment continues to be highly attractive for startups and infrastructure-led businesses, supported by stable economic growth, a predictable regulatory framework, and consistently positive macroeconomic dynamics. As a result, the country is increasingly viewed as one of the leading emerging markets for international investors seeking exposure to high-growth sectors.
Building on both company-level traction and favorable market conditions, Electrify Georgia has entered early-stage, non-binding discussions with strategic and institutional investors from the United Arab Emirates and Saudi Arabia regarding a potential $10 million+ investment. These discussions are aligned with a broader trend of Middle Eastern investors seeking portfolio diversification and increasing exposure to the energy and mobility sectors across high-potential markets.
Any future investment would be directed toward accelerating the expansion of the charging network to cover all major cities and national highway routes, further strengthening the foundation for electric mobility adoption nationwide.
Electrify Georgia remains focused on long-term value creation, operational sustainability, and contributing to Georgia’s transition toward cleaner, more energy-independent mobility.
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