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.