Invest In Electric Car Charging Stations Uk

Gas powered cars need gas stations and electric vehicles need charging stations.

Invest in electric car charging stations uk. Chargepoint previously called coulomb technologies claims to manage the world s largest network of electric vehicle charging points. No one wants to buy an electric car unless there is a convenient charging point nearby but no company will invest in car charging. 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. Vw electric cars company predicts it will produce 1 million per year by 2023 a critical change is expected in 2022 when the cost of an electric vehicle will fall enough to equal the cost of a gas.

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. Investing in electric vehicle charging. In 2017 it took over general electric s 10 000 charging stations which added to its pre existing 35 000. Sdg e has filed for approval for a 200 250 million investment in ev charging infrastructure for 3000 medium and heavy duty vehicles and up to 166mw in utility owned battery storage for grid.

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. Electric cars have been plagued by a chicken or egg situation. 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. The government showed its commitment to electric cars in the autumn budget pledging millions of pounds towards their development.

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. Turns out that one of our mbas was clever enough to spot this trend way back in august of 2015 when we published an article on carcharging. Latest figures suggest the company has around 60 000 in total.