Rightcharge raises £700k to accelerate adoption of smart EV charging

By / 2 years ago / UK News / No Comments

Charge point and EV-friendly energy tariff comparison service Rightcharge has raised £700k in seed funding, helping accelerate the adoption of smart EV charging in the UK.

Charlie Cook, Rightcharge CEO

The funding will be used to help the company grow its position in the electric mobility sector, enhancing its work to help EV drivers make substantial savings by using an optimum energy tariff and smart charger combination.

This includes further tie-ups with vehicle dealerships and other partners; in the last few months, Rightcharge has united with Lookers and Leasing.com to help their customers embrace electric driving.

Investors include Link Venture Capital (a Norwegian cleantech VC), and a host of angel investors such as James Hind (founder of Carwow), Mike Allen (Zeus Capital / early investor in Carwow), Stuart Dyble (co-founder of Influence emobility / former board member at Jaguar Land Rover) and Julia Stent (former commercial director at uSwitch).

Charlie Cook, founder of Rightcharge, said: “We want to empower the everyday person to choose electric by making EV charging easier, cleaner, cheaper and more accessible. To date we’ve helped over 10,000 drivers to find their installer or energy supplier but we’re just scratching the surface. Around 10-15 million more drivers will go electric by 2030 in the UK alone and the new investment means we are ready to support all automotive retailers who are looking for a charging partner that can deliver industry-leading customer experience.”

Investor Stuart Dyble of Influence emobility also commented: “We are now seeing the rapid electrification of the market and as more drivers join the EV community, the need for clear comparative information on charging technology and energy tariffs will grow equally rapidly. I have been very impressed with Charlie and the Rightcharge platform and I look forward to helping him scale the business to the point where Brits won’t choose a home charger or tariff without first checking Rightcharge.”

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Natalie Middleton

Natalie has worked as a fleet journalist for nearly 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.