Connection

popular articles

Electric vehicle sales soar in China
Cortus and Nordbex sign contract for 60 MW biomass power plant
Pacific Green Technologies acquires two storage projects in Poland
Natron Energy invests USD 1.4 billion in sodium-ion battery plant
Areva: Strategic stakes of Uramin takeover re-examined

VCA: £165 million in funding

UK-based EVC has secured up to £165 million of funding managed by Denham Sustainable Infrastructure to promote the use of electric vehicles to help meet the UK's net zero emissions targets.

Please share:

UK-based EVC has secured up to £165 million of funding managed by Denham Sustainable Infrastructure (DSI), an arm of Denham Capital. The goal of the investment is to accelerate the delivery of 100,000 EV charging points across the UK by 2027. EVC finances and installs EV charging points, under long-term contractual lease agreements, in “destinations” including hospitality, leisure and retail venues, workplaces and multi-unit residential units.

EVC’s growth plan

EVC’s primary goal is to provide convenient, practical and reliable charging options to its growing customer base. By strengthening EV charging infrastructure at destination, the VCA aims to eliminate the “range anxiety” felt by EV drivers concerned about finding reliable charging points. Projects range from individual chargers to larger EV charging centers and use charge points with capacities ranging from 22 kW to 300 kW. EVC’s fully-funded solutions aim to meet the requirements of the EV industry by providing innovative and scalable charging infrastructure and charging management software.

Personalized services for homeowners

For owners who wish to invest their own capital, EVC offers a managed service, whereby EVC undertakes the installation and operates the EV charger on behalf of the owner. EVC was founded in early 2020 and has attracted a number of key long-term lease customers as it has developed and refined its business model. To date, the company has been funded by Oasthouse Ventures, James Randall, Lucky Gohler and capital raised in 2022 from high net worth individuals.

EVC’s development prospects

The partnership with Denham Sustainable Infrastructure will propel EVC into the next phase of its growth. Nick Ballamy, CEO of EVC, said the investment will help meet pent-up demand in the company’s markets. EVC is seeing strong demand for its electric vehicle charging solutions and plans to deploy its proprietary platform widely to give EV drivers easy access to its reliable network. By giving drivers the confidence to switch to electric, EVC can help the UK achieve its ambitious net zero emissions targets.

Register free of charge for uninterrupted access.

Publicite

Latest news

Northvolt sells its California plant to Lyten to refocus on European operations amid financial challenges
Trump strengthens energy strategy with Chris Wright and Doug Burgum
Russia Halts Gas Supplies to Austria Following Dispute with OMV
France: The retail sector opposes mandatory photovoltaic canopies
Orano temporarily suspends uranium extraction activities in Niger

Recently published in

France Surpasses 150,000 Public Charging Stations for Electric Vehicles

With over 150,000 public charging stations installed, France is witnessing rapid growth in the sector, marking a decisive step toward its climate goals and energy transition.
France: first test flights for Aura Aero’s electric airplane
Aura Aero, a young French aerospace company, is preparing its first test flights for the electric plane "Integral E," marking a new step in sustainable aviation.
en_1140128540
France: first test flights for Aura Aero’s electric airplane
Aura Aero, a young French aerospace company, is preparing its first test flights for the electric plane "Integral E," marking a new step in sustainable aviation.
en_1140128540
United Kingdom: The Automotive Industry Trailing on Its Electric Sales Targets
British automotive manufacturers anticipate missing the 2024 electric vehicle sales targets set by the government and request fiscal incentives to overcome challenges and avoid penalties.
en_1140790889540
United Kingdom: The Automotive Industry Trailing on Its Electric Sales Targets
British automotive manufacturers anticipate missing the 2024 electric vehicle sales targets set by the government and request fiscal incentives to overcome challenges and avoid penalties.
en_1140790889540
Electric vehicles will revolutionize the repair market by 2030
The rise of electric vehicles and driver assistance systems will redefine the automotive repair market. Despite a decline in conventional interventions, the sector's sales are set to increase slightly between now and 2030.
Design sans titre-300
Electric vehicles will revolutionize the repair market by 2030
The rise of electric vehicles and driver assistance systems will redefine the automotive repair market. Despite a decline in conventional interventions, the sector's sales are set to increase slightly between now and 2030.
Design sans titre-300

China opposes US ban on its automotive technologies

China opposes US ban on Chinese automotive technologies. The Chinese Ministry of Commerce expresses its firm opposition to the United States Department of Commerce's plan to ban connected vehicles equipped with Chinese technologies in the United States, denouncing it as a protectionist measure contrary to free market principles.
Stellantis launches Chinese electric city car in Europe
Stellantis introduces the Leapmotor T03, a Chinese electric model assembled in Poland, targeting the entry-level market in Europe with a competitive price and 265 kilometers of range.
Design sans titre-217
Stellantis launches Chinese electric city car in Europe
Stellantis introduces the Leapmotor T03, a Chinese electric model assembled in Poland, targeting the entry-level market in Europe with a competitive price and 265 kilometers of range.
Design sans titre-217
Qair and Trapil join forces to optimize electromolecule distribution
Qair and Trapil join forces to develop the distribution of electromolecules in France and abroad, with the aim of supporting the decarbonization of the air and sea transport sectors.
Pipeline Trapil
Qair and Trapil join forces to optimize electromolecule distribution
Qair and Trapil join forces to develop the distribution of electromolecules in France and abroad, with the aim of supporting the decarbonization of the air and sea transport sectors.
Pipeline Trapil
Norway world leader in automotive electrification towards a sustainable future
Norway stands out for its lead in automotive electrification, with over 754,000 electric vehicles registered. This historic turning point raises questions about the sustainability of this transition and the challenges ahead to maintain this momentum.
Bornes de recharge électriques en Norvège
Norway world leader in automotive electrification towards a sustainable future
Norway stands out for its lead in automotive electrification, with over 754,000 electric vehicles registered. This historic turning point raises questions about the sustainability of this transition and the challenges ahead to maintain this momentum.
Bornes de recharge électriques en Norvège

Electric mobility in France: Sustainable transition and innovative solutions

Electric mobility in France is progressing, supported by Enedis studies on recharging behavior. Despite high user satisfaction, challenges remain, notably vehicle autonomy and the optimization of charging infrastructures.
Brookfield invests $1.1 billion in Infinium eFuels for sustainable aviation
Brookfield is investing up to USD 1.1 billion in Infinium, aimed at increasing the availability of sustainable fuels for aviation and heavy industry, marking a significant step forward for alternative energies.
Site de production Infinium
Brookfield invests $1.1 billion in Infinium eFuels for sustainable aviation
Brookfield is investing up to USD 1.1 billion in Infinium, aimed at increasing the availability of sustainable fuels for aviation and heavy industry, marking a significant step forward for alternative energies.
Site de production Infinium
BMW and Toyota join forces to produce hydrogen-powered cars by 2028
BMW has announced mass production of its first hydrogen-powered car for 2028, in collaboration with Toyota, despite the infrastructure and cost challenges associated with this niche technology.
Signature de la coopération BMW-Toyota
BMW and Toyota join forces to produce hydrogen-powered cars by 2028
BMW has announced mass production of its first hydrogen-powered car for 2028, in collaboration with Toyota, despite the infrastructure and cost challenges associated with this niche technology.
Signature de la coopération BMW-Toyota
Volvo Cars adjusts its 2030 electric target to meet infrastructure challenges
Volvo Cars is lowering its target for 100% electric sales by 2030, due to delays in the development of charging infrastructure and regulatory changes.
Concessionnaire Volvo
Volvo Cars adjusts its 2030 electric target to meet infrastructure challenges
Volvo Cars is lowering its target for 100% electric sales by 2030, due to delays in the development of charging infrastructure and regulatory changes.
Concessionnaire Volvo

Octopus Electroverse becomes Europe’s largest EV charging network

Octopus Electroverse reaches 850,000 charging points for electric vehicles in Europe, optimizing access to an interoperable network at no additional cost to users.
Station de recharge
BYD: Half-year profit up 24.4% despite price war
Chinese automaker BYD reports a 24.4% increase in half-year net profit, driven by sustained domestic demand and a strategy of international expansion.
Design-sans-titre
BYD: Half-year profit up 24.4% despite price war
Chinese automaker BYD reports a 24.4% increase in half-year net profit, driven by sustained domestic demand and a strategy of international expansion.
Design-sans-titre
France: Opaque pricing for ultra-fast charging stations puts the brakes on electromobility
The cost of recharging at ultra-fast charging stations remains unpredictable, creating a significant barrier to the progression of electric vehicles, despite the rapid expansion of infrastructure.
Design-sans-titre-5-1
France: Opaque pricing for ultra-fast charging stations puts the brakes on electromobility
The cost of recharging at ultra-fast charging stations remains unpredictable, creating a significant barrier to the progression of electric vehicles, despite the rapid expansion of infrastructure.
Design-sans-titre-5-1
United States: First 100% electric school fleet in operation in Oakland
Oakland becomes the first school district in the USA to adopt a fleet of 100% electric buses, incorporating V2G technology, with direct implications for the local energy infrastructure.
flotte-scolaire-electrique-Oakland
United States: First 100% electric school fleet in operation in Oakland
Oakland becomes the first school district in the USA to adopt a fleet of 100% electric buses, incorporating V2G technology, with direct implications for the local energy infrastructure.
flotte-scolaire-electrique-Oakland

Kerosene shortage in Colombia: airlines on alert

Kerosene reserves in Colombia are dwindling, prompting operational adjustments at several airports and increased surveillance of the aviation sector.
XPeng posts loss despite strong quarterly sales growth
Despite a significant increase in sales in the second quarter, XPeng suffered further financial losses, reflecting tensions in the Chinese electric vehicle market.
Xpeng
XPeng posts loss despite strong quarterly sales growth
Despite a significant increase in sales in the second quarter, XPeng suffered further financial losses, reflecting tensions in the Chinese electric vehicle market.
Xpeng
DRIFT Energy raises £4.65m to deploy hydrogen-powered yachts
DRIFT Energy raises £4.65 million to develop autonomous yachts dedicated to offshore hydrogen production, with support from Octopus Ventures.
DRIFT 58m "true green" sailing catamaran MVY
DRIFT Energy raises £4.65m to deploy hydrogen-powered yachts
DRIFT Energy raises £4.65 million to develop autonomous yachts dedicated to offshore hydrogen production, with support from Octopus Ventures.
DRIFT 58m "true green" sailing catamaran MVY
Sceye validates solar-powered stratospheric flight
Sceye, a key player in high-altitude platform systems, achieves stratospheric daytime flight using solar energy, opening up unprecedented prospects for aerial infrastructure and environmental monitoring.
space
Sceye validates solar-powered stratospheric flight
Sceye, a key player in high-altitude platform systems, achieves stratospheric daytime flight using solar energy, opening up unprecedented prospects for aerial infrastructure and environmental monitoring.
space

USA: $50 million to modernize EV supply chains

The U.S. Department of Energy is awarding $50 million to six states to support automotive suppliers' transition to electric vehicle component production.
China vs. Europe: The gap is widening in the electric vehicle market
China's electric vehicle market far outstrips that of Europe, revealing a growing divergence in the adoption of electromobility and highlighting the challenges Europe faces in catching up.
BYD factory, China
China vs. Europe: The gap is widening in the electric vehicle market
China's electric vehicle market far outstrips that of Europe, revealing a growing divergence in the adoption of electromobility and highlighting the challenges Europe faces in catching up.
BYD factory, China
Diesel engine market set to reach 54.7 billion USD by 2032
The market for diesel engines for vehicles will reach 54.7 billion USD by 2032, driven by urbanization and increased automobile production, despite high operating costs.
diesel japon
Diesel engine market set to reach 54.7 billion USD by 2032
The market for diesel engines for vehicles will reach 54.7 billion USD by 2032, driven by urbanization and increased automobile production, despite high operating costs.
diesel japon
ENEOS and Cosmo Energy step up production in the face of fuel shortages
ENEOS Holdings and Cosmo Energy Holdings are adjusting their strategy to meet growing demand for aviation fuel in Japan, by increasing production and considering imports in the face of geopolitical tensions.
ENEOS and Cosmo Energy step up production in the face of fuel shortages
ENEOS Holdings and Cosmo Energy Holdings are adjusting their strategy to meet growing demand for aviation fuel in Japan, by increasing production and considering imports in the face of geopolitical tensions.

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS