Connected Kerb to instal 190,000 on-street chargers by 2030

By / 2 years ago / UK News / No Comments

On-street charging specialist Connected Kerb is to roll out 190,000 EV chargers by 2030 with the help of new funding.

Connected Kerb will install over 4,000 chargers in 2022 alone and the company plans to have 190,000 chargers installed by 2030

The business has secured £110m from Aviva Investors, the global asset management business of Aviva Plc, which will support its plans and enable some 4,000 on-street chargers expected to be installed by the end of this year alone.

As part of the deal, Connected Kerb will also deliver EV charging infrastructure across the insurer’s pan-European real estate portfolio, which includes over 300 major owned assets in the UK alone – one of the country’s largest portfolios.

The deal will help revolutionise access to EV charging for the tens of millions of drivers without off-street parking and will be critical to delivering the Government’s plan of installing more than 300,000 chargers by 2030.

The investment of up to £110m is equivalent to around a quarter of all the money committed by the Government under its flagship Local Electric Vehicle Infrastructure (LEVI) Fund, which launched earlier this year to help local authorities fund on-street EV charging projects.

Chris Pateman-Jones, CEO of Connected Kerb, said: “Our partnership with Aviva Investors will turn EV charging on its head. Successfully delivering the benefits of the EV transition to all – regardless of location, wealth, or circumstance – relies entirely on the UK’s ability to deploy convenient and reliable public charging at scale. For many, it has so far been neither.

“This investment combines the proven long-term reliability of Connected Kerb’s infrastructure with the financial resources and expertise of Aviva Investors to deploy charging, at scale, to all corners of the UK, giving individuals and businesses the confidence to make the switch to electric, and dramatically reduce carbon emissions and air pollution – it’s truly game-changing.”

Aviva said the investment into Connected Kerb would help rebalance the growing gap between EV ownership and public charging infrastructure.

Sean McLachlan, senior director, infrastructure, at Aviva Investors, commented: “The funding we are providing will help to speed up the provision of EV charging to homes and businesses alike, whilst increasing accessibility. We also look forward to working with a management team which has market leading experience in building and operating public infrastructure and integrated smart networks, alongside excellent ESG credentials.”

Connected Kerb, which is based in London, is also planning an expansion into the US, having recently been selected by the New York City Department of Transport and Newlab to deliver an on-street EV charging pilot project in New York that will provide a blueprint for the city to rollout 10,000 on-street chargers by 2030, cutting emissions and improving air quality for millions.

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Natalie Middleton

Natalie has worked as a fleet journalist for over 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. Natalie edits all the Fleet World websites and newsletters, and loves to hear about any latest industry news - or gossip.