EDF acquires electric vehicle charging firm Pod Point

The acquisition is part of a newly formed joint venture with Legal & General Capital

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EDF has bought a majority stake in electric vehicle (EV) charging company Pod Point as part of a newly formed joint venture with Legal and General Capital.

The acquisition aims to deliver the EV infrastructure the UK needs to realise its ultra-low emission targets and support the government’s plan to bring forward the ban on the sale of new petrol and diesel vehicles to 2035.

Pod Point has rolled out 62,000 charging points in the UK and a further 6,600 in Norway and offers charging solutions at home, work and various destinations.

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