Invest In Electric Car Charging Stations Uk

In 2017 it took over general electric s 10 000 charging stations which added to its pre existing 35 000.

Invest in electric car charging stations uk.

The world s largest public electric vehicle charging network today is made possible by a company called chargepoint that s taken in a whopping 532 million from investors like chevron bmw toyota siemens daimler and american electric power to build a network of more than 60 000 electric vehicle ev chargers. Since 2001 the shares awards have recognised the high quality of service and products from companies in the world of retail investment as voted for by shares readers. Latest figures suggest the company has around 60 000 in total. According to 3 studies the global electric vehicle charging station market is forecast to grow at a cagr of between 40 5 and 48 3 from 2019 to 2026.

The government showed its commitment to electric cars in the autumn budget pledging millions of pounds towards their development. Gas powered cars need gas stations and electric vehicles need charging stations. Chargepoint previously called coulomb technologies claims to manage the world s largest network of electric vehicle charging points. Electric cars have been plagued by a chicken or egg situation.

Investing in electric vehicle charging. Personal wealth awards the online personal wealth awards were launched in 2014 to recognise and reward those companies who offer great service and products in the area of. Philip hammond the chancellor of the exchequer announced that 200m matched by private investment would be invested into a new 400m charging infrastructure fund to help with the installation of charging points for electric cars. One picks and shovels play on electric vehicles may be to find companies that are building electrical vehicle charging stations and invest in those companies.

No one wants to buy an electric car unless there is a convenient charging point nearby but no company will invest in car charging. National grid ng has called on public funding for ultra rapid charge points capitalising on the proximity between the uk s main transport corridors and high voltage transmission network. It has identified 54 motorway service stations that could put 99 per cent of electric vehicle drivers within 50 miles of a charging location.