Infrastructure + technology

EV charging market consolidation “good for scale and reliability”

Industry professionals and users of Transport + Energy have said that they believe consolidations in the EV charging market are "good for scale and reliability".
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James Evison

Industry professionals and users of Transport + Energy have said they believe consolidations in the electric vehicle (EV) charging market are “good for scale and reliability”, according to a recent poll.

The news comes after there have been several notable acquisitions in the EV charging sector, including Be.EV acquiring Mer’s UK public charging network, Connected Kerb and Trojan Energy’s Flat & Flush on-street charging network, and Shell-ubitricity’s purchase of the SureCharge London network from FM Conway Ltd.

Following these acquisitions, Transport + Energy requested its readers on LinkedIn to highlight what their view was on the recent EV charging market consolidation, asking: “Do you think consolidation of the EV charging market is ultimately good or bad for drivers and the wider transition to electric transport?”.

The majority of those polled said that they believed it would be “Good for scale and reliability”, with 68% agreeing with this statement.

Only 6% said it would be “bad for competition” and 8% said it would have a “mixed impact overall”. Almost a fifth (17%) though said it was “too early to tell” what the overall result of the acquisitions would mean.

The news comes as the EV public charging network has reached record levels, with more than 116,000 chargers now being available, according to the latest Department for Transport data, which was compiled with the assistance of Zapmap.

Image courtesy of Green Car Guide

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