Manchester-based electric vehicle charging network Be.EV has secured an investment of up to £110m from Octopus Energy Generation that will allow it to add 1,000 charging points across the UK and "kickstart a national infrastructure effort".
This is Octopus's first investment in electric vehicle (EV) charging infrastructure and the energy group says it wants to address the north-south divide in charge points to help the UK get rid of "petrol guzzling" cars.
There are currently some 456,000 EVs on UK roads. That number is already set to grow, but Octopus and Be.EV hope that expanding the UK's public charging network will further encourage that growth.
