Funding sought for fast-charging ‘petrol stations’ for electric vehicles

Gridserve has announced plans to roll out a UK-wide network of ‘electric forecourts’. It wants to “offer significantly more high-power charging points than are currently available at most UK petrol stations”.  

It is currently raising capital from investors in its first round of external funding and exploring relationships with landowners, developers, investors, EV manufacturers, fleet managers and retailers.

The company said it wants to have charging times of “a few minutes” for cars at prices that are competitive with charging electric vehicles at home.

Chief executive Toddington Harper is the former co-founder and chief executive of Belectric UK, which developed and constructed 350MWp of solar and battery projects since 2011. He said: “Our plan is to deliver for electric vehicle charging what Amazon has done for shopping online – make it simple, price competitive, and a great customer experience”.

Further reading

BP acquires Chargemaster, plans ultra-fast charging rollout

REA: local authorities can help EV rollout

Vattenfall plans EV charging network across GB

Pivot Power announces plans for fleet of 49MW batteries to trade power and charge electric vehicles

Fleet installations add hundreds of new EV charge-points

Health clubs to add fast EV charging to the mix

ITM Power supplies hydrogen refuelling station at M40 services

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