Current-news.co.uk’s Post

Public charging infrastructure: a reality check Alex Hinchcliffe, Interim Managing Director at Mer UK, discusses the current state of the public electric vehicle (EV) charging network. In the piece, Alex says: “As the EV industry evolves to target mass market buyers rather than the early adopters, we can expect growth to become less linear. Pragmatic buyers rationalise their buying decisions, but they don’t all share the same concerns or value the same benefits. Barriers to purchasing an EV vary: for some it’s cost, for others it’s charging availability. These worries, natural for an emerging market, will go away over time.” Read the full comment piece on the Transport + Energy website: https://lnkd.in/ebFxXnZN Mer , Alex Hinchcliffe , Statkraft Kristoffer Thoner , Stephanie Salguero , Orla McGreevy , Keith Martin , Giles Benbow , Monique Berntsen , Chantel Gray , Eddie Hatzigeorgiou , Cliff Frame , Chris Brennan , Karl Anders #transport #energy #charging #infrastructure #electricvehicles

Breaking News! We're excited to announce that char.gy has secured a £100 million funding commitment to expand the UK's on-street EV charging infrastructure! This significant investment from Zouk Capital LLP, as part of the UK Governments Charging Infrastructure Investment Fund (CIIF), positions char.gy as a key partner for #LocalAuthorities in their EV charge point concessions. It will bolster direct government funding from the Local Electric Vehicle Infrastructure Fund (#LEVI), and ensure together we can deliver equitable access to public charging infrastructure for all. Reacting to the news, John Lewis CEO of char.gy, said: "The latest funding will help us accelerate our ambitious growth plans and will be directed towards the rollout of more charge points across the next five years. We are here to partner with local councils, providing the expertise and scale needed to drive the UK’s green agenda forward." With plans to grow the network from over 3,000 charge points today to 100,000 by 2030, this expansion will support the transition for up to 1 million drivers and provide vital support for the 40% of UK households without access to off-street parking. Find out more by reading the full story on our website using the link below: #EVCharging #Sustainability #GreenEnergy #NetZero #ElectricVehicles #CleanTech #UKInfrastructure

📣 Breaking news: char.gy has received a £100m investment! 💷 ⚡ This investment secures char.gy position as one of the UK's leading homegrown, sustainable, long-term partners with local authorities. It enables us to support people's easy and just transition to EVs through our positive impact of continually growing the transformative, widespread char.gy EV charging network that people reliably access conveniently and affordably. 🤝 The source of this investment is Zouk Capital LLP, one of the UK's leading fund managers, investing in sustainable, green tech and infrastructure throughout the UK and Europe. Zouk is the manager and 50% investor of the £422m UK Gov. Charging Infrastructure Investment Fund (CIIF) and signatory of the United Nations - Principles for Responsible Investment (UN PRI), the world’s leading advocate of responsible investment, having core principles founded on strong environmental, social, and governance (ESG) criteria. 🔌 With our significant £100m sustainable impact investment from Zouk Capital LLP, we are fully committed for the long haul. This milestone significantly enhances char.gy's current network of 3,000 charge points towards the necessary target of 100,000 charge points by 2030. Our ultimate aim is to establish char.gy as society's preferred network, supporting up to 1,000,000 drivers' transition to EVs. In doing so, we are promoting a greener, cleaner, and more equitable future for all! ♻ #chargy #electricstreets #investment #zoukcapital #evcharginginfrastricture #evcharging #electricvehicles #ev #netzero John Lewis Yann Marston George Ridd Snigdha Tiruvuru Olivia Crossman - Marketing Professional Patrick Page Wesley Highfield Holly Skinner Gearard Hopkins Rory Boyle - Partnership Success Consultant Shayne Rees Lee Cobb Chelsea Wightman Richard Tyler Bella Stevenson CF APMP

Expanding the EV infrastructure…

In our latest blog, Jonathan Colbert recaps insights from Hannah Jacobus, Tom Ashely, and Paul Hernandez, who spoke at the EV Charging Summit about coordinating with AHJs and utilities. Read it here: https://hubs.li/Q02w2sGR0 #EV #ZEV #charging #infrastructure 

Electrifying news! 🚗⚡ The UK's EV charging scene is set to supercharge with char.gy securing a £100m investment to expand on-street charging infrastructure. Their visionary target? 100,000 charge points by 2030, bridging the EV accessibility gap. This commitment not only supports up to one million drivers but accelerates the journey to net zero.🌿 Driving an EV, I've witnessed firsthand how crucial a robust charging network is. And with char.gy's ambition, owning an EV becomes a viable, exciting prospect for all, regardless of off-street parking access. This is innovation with a clear vision for an eco-friendly future, and it's happening right here, right now! Are we on track to making net zero not just a dream but a thriving, profitable reality? Reflecting on this progress, what role will you play in our green revolution? Let's discuss!🌍 #ElectricVehicles #SustainableTransport #CleanEnergy

Financing the future of EV infrastructure Toby Horne, Siemens Infrastructure Financing Partner, Siemens Financial Services UK discusses how private finance can be leveraged to grow national charging infrastructure and support the transition to electric vehicles (EVs). In the piece, Toby says: “A typical challenge facing the development of effective charging infrastructure is the sheer cost of investing in network development. A previous study, estimated that a €104 billion “gap” exists for the global development of EV charging infrastructure for the period 2023-25 alone. This “gap” represents the EV charging infrastructure not yet being acquired with specialist third-party finance – that is to say is still being paid for out of CAPEX (capital expenditure). CAPEX can prove to be inefficient in that it ties up an organisation’s capital in depreciating assets and makes it unavailable for other requirements.” Read the full comment piece on the Transport + Energy website: https://lnkd.in/dD9WkvEu Toby Horne CEng MIET LISM , Siemens , Siemens Financial Services , ChargeUK , Ian Johnston , FairCharge , Quentin Willson , EVA England , James Court , Warren Ryan Philips , Gill Nowell , Hiten Sonpal #transport #energy #charging #infrastructure #finance #investment #electricvehicles

⚡️ The UK's EV charging infrastructure is growing fast ⚡️ The Department for Transport (DfT), United Kingdom has unveiled its latest report, showing the dramatic growth of the UK's charging infrastructure so far in 2024 alone, with data from Zapmap 🔋 Currently there are 89 charge points per 100,000 people in the UK, that number is set to skyrocket. John Lewis, CEO of char.gy also shares his outlook on the new report 🔌 Dig into the data down below 👇 #ElectricDrives | #ElectricVehicles | #EMobility | #EV | #Sustainability | #NetZero | #UKGovernment | #Charging | #EVCharging | #Infrastructure Tom Wrath Grace Carroll Laura Wilson Rosalind Marshall Eleanor Chappell Nora Wilen Giulia Scarani Phil Harper Jade Edwards Nic Ryan Lucy Cox Harrison Brook Melanie Shufflebotham Richard Bourne Olly Goodall

This shift from gas-powered to electric vehicles represents a unique investment opportunity for the commercial real estate industry. It is a much-repeated claim that embracing #EV charging enhances property values and positions them for the surge of new electric vehicles that many expect will be on the roads. While the trend is not new, property owners and real estate firms are getting more aggressive in EV charging investments. Of all the commercial real estate firms investing in EV charging, CBRE may have the most aggressive strategy. Earlier this year, #CBRE formed a preferred partner agreement with EV+ to deploy charging systems across 10,000 U.S. commercial properties over the next five years. Check out my latest Propmodo piece, where we delve into CBRE's EV charging strategy and also look at what their rivals - such as JLL and Cushman & Wakefield - are doing in the race to deploy EV charging stations. https://lnkd.in/eKmjd5Xm

The article delves into the multifaceted challenges encountered in the development of the United Kingdom's EV charging infrastructure, shedding light on the intricacies of creating a robust ecosystem to support the burgeoning EV market. #ElectricVehicles(EVs) #UnitedKingdom