Sunday, November 24, 2024
Infrastructure and TechnologyLatestNews

InstaVolt chosen as Waypoint’s EV charging provider

Leading electric vehicle charge point network, InstaVolt, and property asset manager, Waypoint Asset Management, have entered into a partnership to install rapid EV chargers across their client’s sites, situated on key routes across the UK.

The collaboration marks the first time that Waypoint Asset Management will work with an EV charging network and feeds into the company’s wider sustainability goals of being committed to managing environmental impact in the most effective and responsible manner possible.

Each of the sites will have a minimum of two rapid chargers boasting 160kW speeds, with InstaVolt to install up to 100 chargers in total. The first sites are already operational.

Antony Urquhart, Chief Commercial Officer at InstaVolt commented: We’re delighted to be partnering with Waypoint Asset Management, installing reliable, easy to use charging infrastructure at more key routes across the country for EV owners. We’re already a healthy way into 2023, and we know that the next few years are crucial to forming a solid infrastructure with key partners ahead of the 2030 ICE ban. This partnership is crucial to moving this forward.”

Waypoint is an asset management, fund management and debt advisory business advising on over £1bn of capital across traditional and alternative real estate sectors with specialist teams in healthcare, residential, long income and convenience retail.

Jonny Waller, Asset Manager at Waypoint Asset Management, added: “We recognise that our business activities have both direct and indirect impacts on the environment and are consistently seeking ways to improve this. We’re excited to start rolling out the chargers across our client’s sites, to encourage conscientious choices for our occupiers and feed into the UK’s overarching aim to provide EV owners with a charging infrastructure in key UK locations.”

The partnership and the installation of the sites across the UK forms part of InstaVolt’s significant infrastructure expansion plans following its acquisition by EQT in 2022. The company is working towards its target of 10,000 rapid EV chargers by 2032, with reliability and ease of use front of mind.

Image courtesy of InstaVolt.

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