The UK government announced a plan to end the sale of new petrol and diesel cars from 2030 onwards, a part of a Ten-point plan to support its net zero goals to 2050.
This two-part series reviews the activity in the sector since our 2019 report. Part 1 explores the funding coming into the sector. Part 2 updates our investment model and examines what grid upgrades will be required.
How much longer will the EV charging market be ‘almost there’? We explore recent activity around the installation of charge points, their speeds, and deal activity in the sector.
Source: Zap-Map
Over the next 10 years we’re going to see a large jump in the number of EVs on our streets. With them will come the need for a public charging network that’s over 10 times what it is today, with an estimated cost of ~£18bn.