Electric Vehicle Infrastructure Investor App
Zuhlke has developed the first stage of a new Electric Vehicle Infrastructure Investor App to help investors fund the installation of electric vehicle chargers across the country. Its goal is to provide investors and other stakeholders with Energy, Traffic, and Geographic data that is difficult to acquire and interpret, but which is essential to ensure that charging stations are installed in the best locations.
The motivation for this work is that the UK is expecting a rapid expansion of the use of electric vehicles, especially with the sale of petrol cars to be banned by 2030. Without adequate preparation, this will stress the UK electricity grid, with a risk of significant power-cuts as circuits overload. The required investment to address this is expected to take between £5B-£10B.
This development was funded by UK Research and Innovation as part of its £102.5M “Prospering from the Energy Revolution” programme.