Fleet News

InstaVolt triples its order book for electric vehicle chargers

Tim Payne, CEO of InstaVolt

InstaVolt has announced plans to acquire an additional 400 rapid electric vehicle (EV) chargers from ChargePoint.

It adds to the 200 DC chargers the Basingstoke-based company purchased just last May.

The investment triples the company’s current order book with its US-based technology partner, ChargePoint, and highlights its commitment to building the UK’s premium electric vehicle charging network, it says.

“InstaVolt is leading the way to deploying a comprehensive charging network in the UK,” said Chris Burghardt, managing director of ChargePoint in Europe.

“ChargePoint has committed significant resources to growing our presence in Europe in the past year, as highlighted by this partnership.

“InstaVolt’s commitment to triple the number of rapid chargers is another important milestone for ChargePoint that not only expands our relationship with InstaVolt, but supports our mutual commitment to the mass adoption of electric vehicles in Europe.”

More than 200 rapid DC chargers are expected to be up and running by Spring, with more added throughout 2018.

InstaVolt CEO, Tim Payne, says the order for a further 400 rapid DC chargers represents another “significant milestone” in the roll-out of its network.

“This order further supports our objective of being the largest owner-operator of DC rapid charging assets in the UK, and we anticipate further announcements in the near future as we continue to install at new locations nationwide,” he said.

Click here for electric cars and hybrids best practice and procurement insight

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment


No comments have been made yet.

Related content

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee