Allego has announced plans to invest €100 million to install up to 1,400 new Ultra-rapid EV chargerss in the UK by 2030, the expansion will be focused on high-traffic locations and densely populated urban areas, with priority being given to installations in London.
Allego said that the UK represents one of Europe’s most significant growth opportunities in the EV charging sector, as the public network remains undersized in comparison with both EV demand, and other markets.
The company will partner with retail and hospitality businesses, and as Allego’s business model includes the company itself financing, building, owning and operating the chargers at partners’ sites, partners can receive long-term lease income without having to manage the equipment.
Steven Salo, executive officer at Allego, said:
“This €100 million commitment reflects our confidence in the UK EV market. The UK is electrifying quickly, but to keep up with demand the charging network must expand at the same pace. There is a clear need for more reliable, ultra-fast charging infrastructure, particularly along motorways and around the capital.
“We believe that the new Government will make the right policy decisions to help this market grow. With a supportive and stable policy and investment environment, the EV charging sector can deliver a significant economic growth opportunity for the UK while providing the infrastructure increasingly needed by drivers and businesses."
EV drivers can find and and pay for charging at Allego chargers directly in the Zapmap app, or with the Zapmap charging card. Live status and availability information is shared for every Allego charger in the app 24 hours a day, making it easy to plan charging stops.
