- GRIDSERVE launches ‘GRIDSERVE Electric Highway’ – a recognisable brand covering all of GRIDSERVE’s UK-wide chargers, including coverage for 85% of the motorway network, plus towns and cities across the country.
- The news follows GRIDSERVE’s acquisition of the Electric Highway network from Ecotricity in June, and in just six weeks GRIDSERVE has replaced over 80 chargers at over 50 locations with 150+ sites on track to be upgraded by September.
- In addition to upgrading the existing chargers, a new programme to deliver more than 50 high-powered ‘Electric Hubs’ with 6-12 x 350kW chargers in each location across the UK motorway network is also announced today.
- Exciting new investor in GRIDSERVE, The Rise Fund – TPG’s global impact investing platform is supporting GRIDSERVE’s ambitious plans, alongside GRIDSERVE shareholder, Hitachi Capital (UK) PLC.
- Further announcements also include a UK-wide interactive charging map and customer charter, to revolutionise EV charging throughout the UK, from Electric Hubs on Motorways to Electric Forecourts® that serve local charging needs
GRIDSERVE today announces plans to revolutionise EV charging infrastructure in the UK as it officially launches the GRIDSERVE Electric Highway – a UK-wide network of more than 50 high power ‘Electric Hubs’ with 6-12 x 350kW chargers in each, plus almost 300 rapid chargers installed across 85% of the UK’s motorway service stations, and more than a 100 GRIDSERVE Electric Forecourts® in development. The overall objective is to a UK-wide network that people can rely on, without range or charging anxiety, wherever they live in the UK, and whatever type of electric vehicle they drive. The news comes just weeks after the acquisition of the Electric Highway from Ecotricity.
In just six weeks since acquiring the Electric Highway, GRIDSERVE has installed new 60kW+ chargers at over 50 locations – from Land’s End to John O’Groats – a rate of around 2 new charging locations every day. The entire network of almost 300 old Ecotricity chargers at more than 150 locations on motorways and IKEA stores is on track to be replaced by September, enabling any type of EV to charge with contactless payment options, and doubling the number of simultaneous charging sessions by offering dual charging from single chargers.
In addition, more than 50 high-powered ‘Electric Hubs’, featuring 6-12 x 350kW chargers capable of adding 100 miles of range in just 5 minutes, will be delivered at motorway sites across the UK, a programme that will see an additional investment, expected to exceed £100m. GRIDSERVE Electric Highway’s first Motorway Electric Hub – a bank of 12 high power 350kW GRIDSERVE Electric Highway chargers alongside 12 x Tesla Superchargers was opened to the public in April at Rugby Services and is the UK’s largest high power motorway charging site. It will act as a blueprint for all future sites, with more than 10 new Electric Hubs, each featuring 6-12 high power 350kW chargers per location, expected to be completed this year – starting with motorways services deployments in Reading (East and West), Thurrock, and Exeter, and Cornwall Services.
Funding to achieve GRIDSERVE’s ambitions is being supported by a new investor in GRIDSERVE, The Rise Fund, TPG’s global impact investing platform. The investment in GRIDSERVE sits alongside GRIDSERVE’s existing shareholder Hitachi Capital (UK) PLC, and enables GRIDSERVE to accelerate its purpose of helping to deliver sustainable energy at a scale needed to move the needle on climate change. With more than $5.5 billion in assets under management across its platform, The Rise Fund works with growth-stage, high potential, mission-driven companies that have the power to change the world and help achieve the United Nations’ Sustainable Development Goals.
“We are excited to partner with GRIDSERVE in helping to make EV charging in the UK a fast and anxiety free experience. We view this as critical to enabling the rapid decarbonization of road based transportation, especially for long distance journeys” said Edward Beckley, Partner at TPG and senior member of The Rise Fund’s climate investing team, who added: “Decarbonised transport businesses, like GRIDSERVE, are a core pillar of The Rise Fund’s climate investing strategy”.
Including the company’s Electric Forecourt® in Braintree, the GRIDSERVE Electric Highway network already includes more than 150 charging locations, covering 85% of the UK’s motorway network with the capability of charging almost than 400 vehicles simultaneously throughout the UK.
Speaking from Toddington Services, one of the latest sites to have new chargers installed, Toddington Harper, CEO of GRIDSERVE, said: “I was named after Toddington Services, built almost 60 years ago. In that time, vehicle technology has incrementally improved however still remains noisy, polluting and is ultimately detrimental to a stable climate. Now, in just a few years, we will see one of the most rapid and far-reaching revolutions in the history of transport. I’m proud to stand here today, launching the GRIDSERVE Electric Highway charging network that will help to deliver that exciting future – given my name, perhaps this is a job I was destined to do!”
“GRIDSERVE’s purpose is to deliver sustainable energy and move the needle on climate change, and the GRIDSERVE Electric Highway – a network of easy-to-use, reliable, rapid and high power chargers right across the UK – is doing just that, eliminating charging anxiety and making driving electric an enjoyable, ultra-convenient and stress-free experience. We’re working at a phenomenal pace to rollout cutting-edge charging infrastructure and will continue to move heaven and earth to install new chargers en-masse in as many locations as we can, and as quickly as possible.”
Transport Minister, Rachel Maclean, said: “As we accelerate towards cleaner and greener transport, I’m delighted to see GRIDSERVE leading the charge in the EV charging revolution. The UK Government has already set out plans to invest £1.3bn in accelerating the roll out of charging infrastructure, targeting support for rapid chargepoints on motorways and major roads to erase any anxiety around long journeys. Couple this with forward-thinking projects like the GRIDSERVE Electric Highway, and there has never been a better time to go electric.”
PUTTING DRIVERS FIRST
To support continuity and transparency for EV drivers, all sites will continue to charge on a price per kWh of energy used basis. The price to charge at Electric Hubs is 30p per kW – enabling a typical EV to add 200 miles of range for as little as £15, and £24p/kWh at Electric Forecourts®, so just £12. GRIDSERVE has also developed a new Interactive Map to make journey planning as seamless as possible. The map will include the location of each Electric Hub or Electric Forecourt®; the charging connectors in each location; whether chargers are in use or available; and details about the facilities on offer in each location. GRIDSERVE chargers are also being integrated with third party services, including Zap-Map – the UK’s leading charge point mapping service – to help all drivers access information on chargers as easily and as quickly as possible.
24/7 phone support is also available to support all chargers and GRIDSERVE has published a Customer Charter which commits the GRIDSERVE Electric Highway to being: Greener, Responsive, Inclusive, Dependable, Safer, Everywhere, Revolutionary, Value, Experience.
DELIVERING NET ZERO CARBON ROAD TRANSPORT
The GRIDSERVE Electric Highway is just one part of a wider drive by the company to unlock net zero carbon EV driving across the UK.
All chargers operated by GRIDSERVE are supported by net zero solar energy delivered by its ‘sun-to-wheel’ infrastructure – a network of grid-scale hybrid solar farms which ensure that every kW taken from the grid by EV charging infrastructure is netted off against zero-carbon kW’s of solar energy put back into the grid.
In partnership with Hitachi Capital (UK) PLC, the company also offers GRIDSERVE Electric Vehicle Solutions, the UK’s first net zero carbon EV leasing business. The net zero carbon energy delivered at GRIDSERVE’s charging points can be included in monthly leasing payments, meaning drivers can charge at any GRIDSERVE Electric Highway charger without paying additional monthly costs for energy. This removes a key barrier to mass EV adoption, enabling people to accurately compare the cost of leasing a petrol or diesel vehicle, plus fuel, with an EV with energy included. This reflects the true overall cost to the consumer – which in most cases clearly demonstrates a lower cost for EVs than petrol or diesel vehicles – and is particularly useful for the >40% of people without access to off-street parking.
Those leasing an EV through GRIDSERVE will also soon benefit from Autocharge technology, being introduced at all GRIDSERVE Electric Highway chargers in the near future. By using the feature, drivers can plug in any type of EV with a CCS connector and the charging session will immediately start, without needing to swipe a contactless payment, or use an RFID card, further simplifying the process. This will be rolled out across the network with the launch of GRIDSERVE’s new App, which is in the final stages of testing.
GRIDSERVE also works with a tree planting organisation which plants 100 trees for every EV leased through the service. 10,000 trees are now in the process of being planted since the electric vehicle leasing business was launched in December.
About GRIDSERVE (www.gridserve.com)
GRIDSERVE® will radically transform the experience of using electric vehicles, by delivering a UK-wide, sustainable energy powered network of convenient, customer-focussed Electric Forecourts,® that allow the fastest possible net zero carbon charging of electric vehicles, with an awesome customer experience, that is also designed to help make using electric vehicles cost less than petrol or diesel combustion engine cars.
GRIDSERVE® is a tech-enabled international sustainable energy business which develops, builds, owns and operates solar energy and battery storage solutions for critical power infrastructure. GRIDSERVE’s team have been responsible for the development, construction and operation of more than a gigawatt of solar energy and energy storage solutions, including connecting over 100 utility-scale sustainable energy projects to the UK grid.
GRIDSERVE® is interested in connecting with additional operators of fleet vehicles, developers, EV manufacturers, local authorities, and multiple other potential partners who share our vision in collaborating across all the critical power infrastructure we are delivering, including Electric Forecourts®, hybrid solar farms, and remote power solutions.
About The Rise Fund
The Rise Fund is the world’s largest global impact platform committed to achieving measurable, positive social and environmental outcomes alongside competitive financial returns. With more than $5.5 billion in assets under management across its platform, The Rise Fund works with growth-stage, high potential, mission-driven companies that have the power to change the world. Headquartered in San Francisco, The Rise Fund was founded in 2016 by TPG in partnership with Bono and Jeff Skoll and offers deep expertise in business solutions to help achieve the United Nations’ Sustainable Development Goals. As part of TPG, The Rise Fund offers investment resources, business-building skills, rigorous measurement and a global network to help portfolio companies accelerate growth and impact. With the ability to invest across a wide variety of sectors and countries at scale, The Rise Fund focuses on opportunities in climate, education, food and agriculture, financial technology, healthcare and technology. For more information, visit www.therisefund.com or @therisefund on Instagram.