Electric vehicle (EV) charging for fleets firm EO Charging has partnered with Horizon Energy Ventures (HEV) to jointly deliver sustainable energy infrastructure projects.
A joint multi-million-pound investment will accelerate the rollout of EO’s Charging-as-a-Service (CaaS) model — an end-to-end EV infrastructure solution that removes upfront cost barriers through a flexible monthly payment plan.
The service is underpinned by EO’s Charge Assurance platform, which actively manages operators’ energy and flexibility needs while ensuring business-critical fleet outcomes.
London leads the UK in EV adoption, operating one of Europe’s largest electric bus fleets, with more than 1,400 battery electric vehicles and a full transition planned by 2034.
EO has already played a key role in electrifying many of London’s transport depots, working with partners such as Go-Ahead and Transport for London to develop tailored infrastructure. Through this new partnership, EO and HEV will further support London’s transition to a zero-emission transport network, it said.
EO will bring multiple new Transport UK depots onto its Charge Assurance platform. The integration will enhance visibility, operational reliability, and efficiency across London’s public transport network.
Additionally, with HEV’s support, EO will accelerate the deployment of its CaaS model, which simplifies fleet electrification by providing an end-to-end solution that combines hardware, software, and maintenance into a single monthly fee — eliminating the need for upfront capital investment.
David Freeder, Head of Investment at Horizon Energy Ventures, said:
“We’re thrilled to have completed our first investment into UK eBus infrastructure, beginning in London, by supporting Transport UK on its journey towards a fully decarbonised fleet. We look forward to working with EO on this project, exploring new investment opportunities in the sector, and funding other fleet operators committed to the roll-out of EV charging and other low-carbon infrastructure—both in the capital and across the UK.”
Richard Staveley, CEO, EO Charging, said:
“We’re delighted to partner with Horizon Energy Ventures to support the transition to zero-emission fleet transportation. This joint investment will accelerate our Charging-as-a-Service model, offering fully funded solutions that make fleet electrification more accessible.
“We’re already delivering our Charging-as-a-Service solution, underpinned by our Charge Assurance platform, in London for Transport UK, and we are proud to support their ongoing electrification programme. With over 200 EV fleet projects delivered across the UK and Europe, EO’s end-to-end expertise ensures we provide the infrastructure and service our customers need to scale and achieve key business outcomes. We remain committed to accelerating London’s journey to a greener future.”
Image from EO Charging/HEV
