UK's Connected Kerb targets 190,000 on-street EV chargers by 2030

LONDON : Charging infrastructure company Connected Kerb said on Monday it plans to install 190,000 on-street public chargers in the UK by 2030, requiring up to 1.9 billion pounds in investment, as demand for electric vehicles soars.

Connected Kerb uses long-term contracts spanning 15 to 25 years, financed by large infrastructure banks and groups like infrastructure investor Equitix. For public chargers for residential use, the company also uses UK government subsidies. According to the European Automobile Manufacturers' Association, or ACEA, UK sales of fully-electric cars jumped 88per cent in the first nine months of 2021 versus the same period of the previous year.

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