US EditionElectric Car Revolution Backed by £300million Boost with 'Tens of Thousands of Chargers' Being Installed
- Believ secured a £300 million investment to install at least 30,000 new electric vehicle chargers across the UK.
- This funding follows government efforts to cut planning permission red tape, announced by Lilian Greenwood at the end of May, to speed EV charger installations.
- Much of Believ’s funding targets on-street, residential locations, including rapid and rural charging hubs, to support drivers without home chargers.
- The UK now has nearly 81,000 electric vehicle chargers, with 1,344 added last month, and Believ’s CEO Guy Bartlett described the recent funding as a strong endorsement of the shift toward electric transportation.
- The investment aims to accelerate EV adoption nationwide and supports government goals for 300,000 chargers by decade’s end, while local projects like Barnet Council’s 1,000 on-street chargers demonstrate growing infrastructure.
11 Articles
11 Articles
Believ secures £300m of funding to add 30,000 public EV charge points across the UK
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Believ, the Electric Vehicle (EV) charge point operator (CPO), has secured a £300 million investment facility to install at least 30,000 charge points, boosting access to public EV charging across the UK. The funding, which makes the company one of the UK’s best-backed CPOs, marks a pivotal step in the fur…
London's Believ secures £300m for massive EV charge point rollout
Believ, an energy tech company based in London, has secured a £300m investment facility to install a minimum of 30,000 electric vehicle (EV) charge points across the UK. The UK is in the midst of a large-scale shift from petrol and diesel vehicles to EVs, with current plans aiming for the sale of fossil-fuel powered cars to be phased out by 2035. As part of the initiative, the government has been scaling up EV infrastructure through public and p…
Believ secures £300m funding for 30,000 new chargers
Public charging operator Believ has secured multi-million-pound funding to help install at least 30,000 more charge points around the UK. The £300 million funding deal from private and government-backed sources makes Believ one of the UK’s best-backed operators as the country looks to rapidly expand its charging network. The UK government wants at least 300,000 public chargers to be operational by 2030. The latest figures from Zapmap show there …
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