Our commercial model: a collaborative path forward

We will fully fund the network roll-out, utilising grants where available, saving local authorities precious time and resources.

Our commercial approach allows for flexible and continuous deployment of near-home chargepoints in line with EV adoption, and creates a steady stream of local employment for the installation and maintenance of the network.

Our commercial strategy involves successive concession agreements, featuring a five-year Core Investment Period (CIP) and a 15-year operations phase. During the CIP, new chargepoints are installed, with CIP extensions enabling increased installations through additional private funding.

A separate partnering agreement with the local authority sets the strategic direction for delivering infrastructure through the concession agreements. The key output is the Network Plan, which informs a series of five-year plans to achieve the steady-state charging network for a 100% EV fleet.

Local authorities can usually procure electricity at a lower cost, giving greater control and certainty on:

• the tariff charged to users
• your revenue share
• the variable electricity unit cost risk being passed to end users.

If preferred, we can support with the procurement of a suitable electricity supply.

Our revenue is derived from a p/kWh margin on electricity that increases only with inflation over time. This simple and transparent approach facilitates tariff setting.