The electric vehicle (EV) charging market is “unlikely to deliver” the charging infrastructure needed in the UK to accommodate predicted take-up, according to National Grid’s strategy and corporate development lead for EVs.
The £130 million purchase of Chargemaster by BP will see the company “enhance and accelerate” its deployment programme and triple its manufacturing capabilities over the next 12-18 months, according to the company’s director of strategy.
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.
Smart charging of electric vehicles could cut the cost of integration into the UK power system by £1.6 billion compared to standard charging, according to a new report that also found running an EV could be ten times cheaper than a conventional car.
Energy regulators must address the rise of bundled distributed generation technologies, EV charging infrastructure and cyber security or risk impeding the clean energy transition, a new report from the Council of European Energy Regulators has said.
A national network of high speed electric vehicle chargers and large-scale batteries connected directly to the transmission network has been unveiled to offer a new business model to the country’s energy storage market.
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.
ChargePoint has continued its charge into the UK’s electric vehicle charging sector by securing a comprehensive partnership agreement with utility services provider Fulcrum.