Electric car charging network to double in scale with £6billion boost

ChargeUK has launched today and has brought together 18 of the largest electric vehicle charge point operators in the UK to continue the electric revolution. Alongside the rollout of the new trade association, the stakeholders have committed over £6billion in funding to install and operate new charging infrastructure by 2030.

This massive boost in funding will help to install tens of thousands of new charging points this year alone.

The new organisation will aim to double the size of the network through 2023 with the investment to ensure EV drivers have the confidence to switch to electric.

According to Zap-Map data, there were 40,496 electric vehicle charging points across the UK at the end of March, across almost 24,000 locations.

While this does represent a 35 percent increase in the total number of charging devices since March 2022, many are still concerned about the rollout.

ChargeUK is vowing to work with the Government and other stakeholders to break barriers and shape policies needed to enable the transition.

From 2030, the UK Government will be banning the sale of new petrol and diesel vehicles, just 20 years before the goal of reaching net zero emissions.

Ian Johnston, Chair of ChargeUK and CEO of Osprey Charging Network, praised the commitment of the 18 stakeholders to move forward with the transition.

He said: “The formation of ChargeUK is an exciting day and is a demonstration of the electric vehicle charging industry’s growing size and importance to the UK economy.

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“Together we are investing billions of pounds to get more charge points in the ground right across the country. These numbers reinforce our commitment to the UK’s net zero future.

“We will continue to be a proactive partner to Government as we deliver a world-class charging infrastructure, giving the nation’s drivers confidence to transition to electric vehicles.”

The founding members of ChargeUK include: Be.EV, Believ, bp pulse, char.gy, ChargePoint, Connected Kerb, ESB, Equans, evyve, Fastned, GRIDSERVE, IONITY, Mer, Osprey, Pod Point, PoGo Charge, Shell Recharge and RAW Charging.

According to EV Energy Taskforce, the UK will need between 253,000 and 661,000 extra EV chargers to meet the EV demand by 2035.

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The Charging the Future: Drivers for Success 2035 report suggested that 74 percent of vehicles on the road will be electric cars and vans.

In March 2022, the Government promised a 10-fold increase in electric car chargers by the end of the decade to more than 300,000.

This was matched with an additional £450million towards the Local Electric Vehicle Investment (LEVI) fund to help local authorities roll out chargers.

The announcement was paired with a £1billion private sector investment from BP in a bid to accelerate the UK’s infrastructure and move towards the company’s own emissions targets.

Jesse Norman, transport decarbonisation and technology minister, said the launch of ChargeUK was positive, showing how the industry could come together and make real change.

He highlighted how the new organisation can raise standards for the whole sector and promote EVs to the wider population.

The Conservative MP for Hereford and South Herefordshire added: “Our commitment to decarbonising transport, backed by hundreds of millions in funding, has helped to unlock private sector investment, and the ambitious plans of ChargeUK’s members will support more people than ever make the transition to EVs.”

More details about ChargeUK and its mission will take place later today at its inaugural annual general meeting at the Fully Charged Live event at the Farnborough International Exhibition and Conference Centre.

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