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Electra has significant potential by addressing key pain points in the electric vehicle (EV) market, particularly in Paris. Its focus on fast-charging solutions can alleviate concerns associated with slower home chargers and limited rapid charging stations. By reducing charging times, Electra directly combats range anxiety, a major barrier to broader EV adoption. The company aims to establish an efficient charging network, positioning itself as a crucial player in the EV infrastructure landscape. Supported by investors like Rive Private Investment and PGGM, Electra is well-placed for rapid expansion and technological advancements, enhancing its competitive edge.