ChargeUK to invest over £6bn into EV charging infrastructure

A new trade association has been launched with a pledge to invest over £6bn into installing and operating new EV charging infrastructure by 2030.

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Dubbed ChargeUK, the new body is made up of 18 companies - including Shell recharge, bp pulse, GRIDSERVE and Osprey – that are installing the charge points required for the UK’s switch to electric vehicles (EVs). The organisation said it will install thousands of new chargers this year, with the aim of doubling the size of the network through 2023. 

ChargeUK said it will work collaboratively with government and other stakeholders to break down barriers and shape the policies and regulation needed to enable the transition to EVs.

In a statement, Ian Johnston, chair of ChargeUK and CEO of Osprey Charging Network, said, “The formation of ChargeUK is… a demonstration of the electric vehicle charging industry’s growing size and importance to the UK economy.

“Together we are investing billions of pounds to get more charge points in the ground right across the country. These numbers reinforce our commitment to the UK’s Net Zero future.

“We will continue to be a proactive partner to government as we deliver a world-class charging infrastructure, giving the nation’s drivers confidence to transition to electric vehicles.”

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