Nick Hulin’s Post

Breaking News! We're excited to announce that char.gy has secured a £100 million funding commitment to expand the UK's on-street EV charging infrastructure! This significant investment from Zouk Capital LLP, as part of the UK Governments Charging Infrastructure Investment Fund (CIIF), positions char.gy as a key partner for #LocalAuthorities in their EV charge point concessions. It will bolster direct government funding from the Local Electric Vehicle Infrastructure Fund (#LEVI), and ensure together we can deliver equitable access to public charging infrastructure for all. Reacting to the news, John Lewis CEO of char.gy, said: "The latest funding will help us accelerate our ambitious growth plans and will be directed towards the rollout of more charge points across the next five years. We are here to partner with local councils, providing the expertise and scale needed to drive the UK’s green agenda forward." With plans to grow the network from over 3,000 charge points today to 100,000 by 2030, this expansion will support the transition for up to 1 million drivers and provide vital support for the 40% of UK households without access to off-street parking. Find out more by reading the full story on our website using the link below: #EVCharging #Sustainability #GreenEnergy #NetZero #ElectricVehicles #CleanTech #UKInfrastructure

char.gy secures additional £35m funding. Electric vehicle (EV) charging company char.gy has secured an increased investment commitment to £100 million to accelerate the rollout of its on-street charging infrastructure throughout the UK. The funding is part of the government’s £420 million Charging Infrastructure Investment Fund (CIIF), managed by infrastructure and private equity fund manager Zouk Capital LLP. Through CIIF char.gy secured an initial £6.4 million pounds in 2021, increasing to £65 million in 2022 and now totalling £100 million following the just announced third round. The investment supports equitable public access to charging infrastructure and will accelerate the rollout of char.gy’s public on-street network over the next five years, improving access to EV charging for the 40% of UK households without access to off-street parking. char.gy says the investment will allow it to expand its network from 3,000 charge points today to 100,000 by 2030. Currently, the UK has around 60,000 public charge points... Find out more 👉 https://buff.ly/4ewG16C #EV #ElectricVehicles #EVcharging #Infrastructure #transport #ElectricCars

In a bold step towards a cleaner future, the Biden administration has finalized a $1.25 billion loan to EVgo, a leading electric vehicle charging startup. This investment will see 7,500 new fast chargers installed across the U.S. over the next five years, significantly expanding our EV infrastructure and creating over 1,000 jobs. However, this initiative isn’t without its risks. As political tides shift, particularly with a change in administration, the long-term viability of such commitments comes into question. Will these ambitious plans withstand future funding cuts? While proponents champion the economic and environmental potential of this project, skeptics warn that scaling too quickly could lead to underutilized infrastructure. The stakes are high, not just for EVgo, but for the entire clean energy landscape. As we navigate this transformative era, strategic foresight and bipartisan support will be more critical than ever. What are your thoughts on the future of EV infrastructure in America?

The U.S. GSA has just announced a $1.7 million investment to build 117 EnviroSpark Energy Solutions EV charging ports in Atlanta, accelerating the federal government's transition to EVs and improving air quality in downtown Atlanta! As of this investment, the Federal Government has ordered nearly 82,000 zero-emission vehicles and has installed more than 10,500 charging ports, with an additional 52,535 charging ports in progress. https://bit.ly/4fU3773

Congrats to the Village of Skokie for completing a ComEd fleet electrification assessment and receiving a rebate to purchase six electric municipal fleet vehicles! Skokie was one of the first 12 municipalities to achieve our EV Readiness Program certification, which helps governments reduce barriers to EV ownership and infrastructure investment. City of Geneva Mayor Kevin Burns, Chairman of the Caucus Executive Board and the Environment and Energy Committee, spoke at a recent press conference that highlighted Skokie's accomplishments. "It’s important that local governments lead by example, and the EV Readiness Program encourages municipalities to transition their fleets to electric power," Burns said. "While Skokie is leading in transitioning to an electric transportation future, we are proud to support communities of all sizes and strengths in becoming EV Ready. More than half of our EV Ready Communities face environmental justice issues. Their work will equitably improve air quality and access to clean transportation for those most at risk." For more information about the EV Readiness Program, go to: https://lnkd.in/gjk6SMEi To apply to the program, go to: https://lnkd.in/eY7qy5S #EVs #EVreadiness #FleetElectrification #ElectricFleet #sustainability

GRIDSERVE continuing to lead the charge ⚡ "For charge point operators, the ZEV mandate is a critical catalyst that establishes a basis for large-scale investment in public charging stations, whether on-street, in car parks or along motorways. The ZEV mandate gives the confidence we need to invest in both the technology and the infrastructure that will support the mass adoption of EVs, ahead of when drivers need it." "For this vision to become a reality, it’s essential that government and industry continue to work hand-in-hand. The government must maintain its policy framework to ensure the ZEV mandate is implemented effectively,"

UK Power Networks (UKPN) has invested £4 million into London’s grid system in order to facilitate more electric buses on Transport for London network. Through UKPN’s Green Recovery Fund, the network operator has made the investment and installed a new 4.5MW power connection to support electric buses on several bus routes operating across London. The Green Recovery project seeks to speed up the decarbonisation of the UK’s transport networks by delivering faster electricity connections to projects seeking to install new green transport infrastructure, as well as supporting local authorities and communities to install air source heat pumps. Read more 👇 https://ow.ly/7Q9e50TqGOu #NetZero #ElectricVehicles #EV #PublicTransport #GreenBusiness

Utility-scale battery systems are rapidly coming online in the UK, but their prime moment for #infrastructure funds may be waning. #InfrastructureEvolution #InfrastructureInvesting #infrastructureinvestors #utility https://okt.to/nNhELP

Here are the headlines and announcements charging infrastructure executives, founders, investors, and policy-makers were watching this week 👇 - Arcadia raises $50M to accelerate product innovation and fuel continued growth - Invisible Urban Charging announces partnership with CBRE to support nationwide rollout of 1 million EV charging over the next five years - Vartan Badalian, Esq. joins the Center for Sustainable Energy (CSE) as Director of U.S. Transportation Programs - Inspiration Mobility announces Jumaane Ponder as new Vice President, Finance and Investments - Pennsylvania Department of Transportation (PennDOT) awards $20M in funding to build 29 charging stations across the state - EVCS announces the appointment of Thais Grossi as Chief Operating Officer - Voltpost announces commercial lamppost EV charging solution - European Parliament's Alternative Fuels Infrastructure Regulation (AFIR) began Saturday, April 13 to standardize and improve charging infrastructure across the EU - Cass Sapir joins EVPassport as Head of Support - Yoshi Mobility announces $26M Series C - Applegreen Electric conditionally awarded nearly $3M in NEVI funding from PennDOT for fast charging stations on the Pennsylvania Turnpike - PodPoint announces launch of six-month charging trial with Centrica —----------- 📥 Want the latest EV charging business and policy developments? Subscribe to EV Power Pulse in my profile.

The 2021 Infrastructure Investment and Jobs Act included $7.5 billion to build 500,000 public charging stations across the country. 2024 $7.5 billion in government cash only built 8 E.V. chargers in 2.5 years. In 2021, the Infrastructure Investment and Jobs Act included $7.5 billion to build 500,000 public charging stations for electric vehicles (E.V.s) across the country in an effort to boost a switch to the use of clean energy. As Reason reported in December, not one charger funded by the program had yet come online. Now, six months later, the number of functional charging stations has ticked up to eight. https://lnkd.in/gwx9bTgk