The Infrastructure and Projects Authority has insisted it is confident there is no conflict of interest in the maiden investment of the Charging Infrastructure and Investment Fund (CIIF).
Government EV charging fund to help 'unleash the power of the market', targeting all geographies and charging speeds
The government’s EV charging fund is to have a broad scope, looking at “all geographical areas” of the UK, all charging speeds and a variety of use cases.
The government’s Charging Infrastructure Investment Fund (CIIF) intends to be the catalyst that drives the UK ahead of the curve in EV charging, a spokesperson for fund manager Zouk Capital has said.
EV charging firm Instavolt has laid claim to the country’s largest owner-operated rapid charging network after construction started on its 400th charger.
Infrastructure fund manager Zouk Capital is expanding its EV portfolio, taking a majority stake in Italian e-mobility firm BE Power.
EO Charging, which briefly held the record for the biggest single site installation of electric vehicle chargers earlier this year, has secured £13 million of new investment from Zouk Capital to continue its growth.