Charging infrastructure operator ChargeGuru has merged with Zeplug to strengthen its position and create one of Europe’s largest EV charging providers with plans to expand in the UK.
ChargeGuru’s new Zeplug offering is designed to meet the growing demand for EV charging services with a solution specifically designed for apartment and office buildings.
The firm’s model, which includes financing of the shared charging infrastructure, as well as an end-to-end installation and maintenance service, has been adopted by 15,000 buildings in France.
The all-inclusive approach makes it easy for building owners, managers, and residents to make the switch to an electric vehicle, it claims. By offering a zero-cost option for landlords and property managers, ChargeGuru’s aim is to enable residents in apartment buildings to more easily and cost-effectively make the switch to electric between now and the 2035 deadline, through domestic charging.
To accelerate its growth in the UK and seven other European countries, the Group will use the €240m raised by Zeplug in 2022 from the infrastructure fund ICG (Intermediate Capital Group). The ambition is to install more than 100,000 charge points in Europe by 2025.
ChargeGuru UK’s Managing Director, Denis Watling, said: “Until now, the focus for home charging in the UK has been on those who live in a semi-detached or detached house, with a driveway. However, with roughly 22% of the population living in apartments, that’s over five million UK households who don’t currently have access to a transparent, hassle-free option for charging an EV privately at home.
“The launch of ChargeGuru’s Zeplug solution changes that completely, and perfectly aligns with our mission to make EV charging simple, for everyone.”
“Zeplug has built a strong leadership in France thanks to this innovative cost-free offer specifically addressing the complexity of charging electric vehicles in residential and office buildings. The challenges are similar in all the countries we target across Europe, and we are excited to bring the Zeplug offer in these markets to provide customers with the adequate solution”, cofounder of Zeplug and ChargeGuru Nicolas Banchet adds.