Consolidation in the electric vehicle charging infrastructure market is inevitable and could result in just “four or five big players” dominating networks, a panel of investors has concluded.
BP is to snap up Chargemaster, the UK’s largest electric vehicle charging company, in a deal that it said would advance the transition to electric transport.
Engenie is aiming to install 1,500 electric vehicle chargers nationwide able to charge up to 150kW having secured investment from international banking group Investec last month.
OVO Energy has launched a suite of “revolutionary” products under its proprietary digital intelligence platform, including what has been called the world’s first widely available domestic vehicle to grid (V2G) charger.
The government is preparing to procure the services of a private fund manager to raise £200 million in support of its electric vehicle charging infrastructure fund announced as part of November’s Budget.
National Grid would actively support bringing forward the UK’s ban on the sales of new petrol and diesel vehicles from 2040 by a decade, with a senior representative telling MPs it would offer "a more ambitious target".
Ofgem’s price controls are proving a barrier to the ‘targeted intervention’ needed to deploy a national network of ultra-rapid electric vehicle (EV) chargers and solve range anxiety, according to National Grid’s project lead on EVs.
Pod Point has completed the installation of 67 electric vehicle charge points at the head office of contracting firm Skanska UK, making it the home of what is now thought to be the largest single site installation of EV chargers in the country.
