The companies involved are Fulcrum, a utility infrastructure and services provider, and ChargePoint, the world’s leading charging network. They plan to deliver an end-to-end service for commercial and residential customers.
Fulcrum chief executive Martin Harrison said: “We are at the beginning of what is a rapid expansion in the uptake of electric vehicles, with car manufacturers and governments across the world placing an emphasis on developing the technology and associated infrastructure.
“The installation and management of EV charging points is a natural development for Fulcrum, building on our utility infrastructure expertise to enter this exciting new market that has the potential to change the face of transport. Thanks to our partnership with ChargePoint, Fulcrum will be at the forefront of this growing technology.”
ChargePoint already has a 70 per cent share of the North American EV charging solutions market, and it expanded into Europe last year. Fulcrum has already installed electrical connections for several EV charging projects across the UK.
Now the two firms are coming together in a partnership which Harrison says “will help overcome the existing challenges of installing EV charging stations, such as dealing with multiple parties. ChargePoint’s decade of industry expertise, combined with Fulcrum’s capabilities and licence to own and adopt electrical infrastructure, will speed up the installation process.”
The electric vehicle market, and the associated supply chain, is expected to grow rapidly over the coming years as the UK government and public are expected to embrace the technology.
Last year in the government’s Budget, Chancellor Phillip Hammond pledged to create a £400m fund for a national charging network and subsidies for vehicle purchases.
Harrison explained: “The UK is quickly becoming a mobility leader in Europe as the government moves to implement policies to support the adoption of EV’s, businesses act to deploy charging, and customer demand reaches new heights. Fulcrum’s position as a leading independent utility infrastructure and services businesses coupled with ChargePoint’s technology leadership and deep expertise in the category, will help usher in a new era of electrified mobility in the UK.
“ChargePoint is already a market leader in North America, providing innovative technology and payment options for the public and businesses, taking electric vehicles from being a rarity into a widely-available and truly practical and eco-friendly transport solution. We are very much looking forward to working closely with ChargePoint to help drive forward this transport revolution.”
Christopher Burghardt, Managing Director for Europe at ChargePoint, said: “With more than a decade of experience in the electric vehicle space and a quickly expanding presence in Europe, we are excited to partner with a forward-thinking company like Fulcrum to help accelerate the adoption of EV’s in the UK and beyond.”
EV infrastructure is a key topic of the conference programme at Electrify Europe in Vienna in June. For more details click here.