Engenie to double rapid electric vehicle charging points
Funded by a £35 million investment commitment, electric vehicle charging company Engenie has announced plans to double the current number of rapid charge points in the UK by 2024.
The Cube Infrastructure Fund II financing will help install over 2,000 rapid charging points across the UK, located at accessible public sites, including supermarkets and retail parks, enabling EV drivers to charge quickly and easily at convenient and attractive locations.
The company says that it will have rapid chargers installed at over 100 sites by Christmas. Once complete, the network could serve five million EVs a year, removing up to 25 tonnes of NOx annually. According to Zap Map, there were 2,189 rapid chargers across the country at the end of May 2019.
Ian Johnston, the CEO of Engenie, said: “The EV market is marching into the mainstream. Private companies are now seizing the EV investment opportunity and nearly 75 per cent of car buyers are considering an EV as their next vehicle. Those organisations offering public car parking can position themselves for the future by providing new value to customers and driving increased footfall by installing rapid chargers. The EV tipping point is coming and this significant investment commitment positions us at the forefront of this burgeoning market.”