Engenie ‘to double number of rapid EV charging points across UK’

The firm has received £35 million of new investment from a fund managed by Cube Infrastructure Managers

Engenie is to double the number of rapid electric vehicle (EV) charging points across the UK, after receiving £35 million of new investment.

The firm claims the wave of new funding from Cube Infrastructure Fund II, a €1.04 billion (£935m) European infrastructure fund managed by Cube Infrastructure Managers, makes it the UK’s best-funded independent EV charging network.

The firm eventually hopes to build thousands of open-access, renewable electricity-powered rapid chargers - by 2024, it plans to double the current figure of 2,189.

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