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In a significant effort to boost electric vehicle infrastructure within the United Kingdom, Connected Kerb announced securing £65m in funding. The huge funds raised, supplied by The National Wealth Fund (NWF) and Aviva Investors, are to fuel expansion of the Connected Kerb’s public EV charging network to drive the country toward sustainable transport.
About Connected Kerb
Founded in 2017, Connected Kerb is one of the innovators and specialized companies designing and installing and managing on-street and destination electric vehicle charging infrastructures.
Currently based in London, it was very quick off the blocks for becoming one of the most successful players in UK’s EV landscape by developing user-friendly innovative charging solutions integrated into smart technologies and offering a great charging experience.
The Connected Kerb vision is to bring EV charging to everyone, but especially in urban areas and communities without off-street parking.
Founders and Leadership
Connected Kerb was founded by Nicholas Alexander Dobie, Peter Edward Howe, Richard Clements, and Stephen James Richardson. Together, their vision has helped drive the company forward to where it is today.
- Nicholas Alexander Dobie: Co-founder Nicholas has been instrumental in the company’s strategic direction and partnerships that have been essential for growth.
- Peter Edward Howe: Peter’s infrastructure development experience has been fundamental to Connected Kerb’s strong and scalable charging solutions.
- Richard Clements: Richard’s innovative approach has been a significant contributor to the technological advancements that have made Connected Kerb stand out in the EV charging industry.
- Stephen James Richardson: Stephen’s leadership and commitment towards sustainability have been one of the core elements for the ethos of the company and its operations.
It is further strengthened by CEO Christopher Pateman-Jones who has led the company from its very earlier stages in driving expansion and innovation initiatives.
Funding detail
The recent round of £65 million in funding includes £55 million in equity investment by The National Wealth Fund and a further £10 million from Aviva Investors, which is the global asset management business of Aviva plc.
These funds will support Connected Kerb’s expansion ambition to grow the UK’s network of EV charging sockets from its current 9,000 up to 40,000. This would enable users to better access and convenience EV charging points across the entire country.
Strategic Goals After Funding
With this significant investment, Connected Kerb will:
- Grow Charging Infrastructure: Quadruple public EV charging sockets in the UK, focusing on urban areas and underserved communities, thereby increasing access to a wider population to charge their electric vehicles.
- Enhance Technological Integration: Invest in cutting-edge technologies to increase the efficiency and user experience of their charging stations, ensuring reliability and ease of use for all EV drivers.
- Support National Sustainability Goals: Align with the UK’s target of deploying at least 300,000 public EV chargers by 2030, contributing to the reduction of carbon emissions and the promotion of clean energy solutions.
Juliet Davenport, Chair of Connected Kerb, commented that, “This investment will really help us extend our network significantly of electric vehicle charging. Therefore, people in flats and so on without drives can now plug into a greener, cheaper and cleaner option to run the world.
For me, personally, it does both things and fits perfectly: supporting growth for the company with helping the community in its ambitions for less carbon and more clean energy.
The Connected Kerb in the EV Ecosystem
Connected Kerb has differentiated itself from other companies providing EV charging infrastructure by emphasizing the integration of smart technologies and sustainable solutions. Key aspects of their contribution to the EV ecosystem include:
- Smart Charging Solutions: The company provides charging stations that have advanced features, such as real-time data monitoring, user-friendly interfaces, and compatibility with a wide range of EV models, ensuring a seamless charging experience.
- Sustainable Infrastructure: The company is committed to environmental stewardship, designing its infrastructure to be durable and sustainable, often using recycled materials and ensuring minimal environmental impact during installation and operation.
- Community Engagement: The company engages with local communities by focusing on installing charging points in residential areas, workplaces, and public destinations to promote the adoption of electric vehicles and support the transition to greener transportation options.
Market Context and Future Outlook
The UK electric vehicle market is booming, driven by increasing environmental awareness, government incentives, and advances in EV technology. However, the growth of charging infrastructure is a critical factor in sustaining this momentum.
Connected Kerb’s strategic expansion is aligned with national objectives to enhance EV infrastructure, particularly in urban areas where off-street parking is limited. By increasing the number of public charging points dramatically, the company is set to be a leading facilitator in the mass adoption of electric vehicles in the UK.