Connected Kerb said it had secured an investment of up to GBP110m from Aviva Investors, the global asset management business of Aviva plc, to support its plans of delivering 190,000 on-street EV chargers by 2030.
Connected Kerb will also deliver EV charging infrastructure across the insurer’s European property portfolio, which includes over 300 assets in the UK.
The investment in UK public charging infrastructure will be critical to delivering the government’s plan of installing 300,000 chargers by 2030.
There is currently just one public access on street EV charger for every 52 EVs on UK roads and those without off-street parking or a dedicated parking space with domestic power supply – 62% of drivers – find it harder to make the switch to electric. Currently, this group makes up 9% of EV drivers.
Connected Kerb will install 4,000 chargers in 2022 and plans to have 190,000 by 2030.