EV Hubs
Electric vehicles (EVs) and EV hubs are quickly gaining popularity in the UK, with more and more people switching from petrol and diesel cars to cleaner and greener alternatives. This trend has increased demand for electric vehicle charging infrastructure, including parking spaces with charging points. As a result, local councils and parking managers have an opportunity to benefit and profit from the upcoming changes in EV parking infrastructure in the UK.
Net-Zero Emissions
The UK government has set ambitious targets to phase out the sale of new petrol and diesel cars by 2030 and to achieve net-zero emissions by 2050. To achieve these goals, the government has launched several initiatives to encourage the adoption of EVs, such as grants for buying EVs and installing home charging points and investment in public charging infrastructure.
EV Hubs Infrastructure
One of the most significant changes to EV parking infrastructure in the UK is introducing new regulations requiring all new homes to have EV charging points installed as standard. This means that parking managers and councils have an opportunity to partner with property developers to provide EV charging infrastructure in new housing developments, which can generate additional revenue streams and attract EV-owning residents.
In addition to new housing developments, parking managers and councils can benefit from retrofitting existing parking facilities with EV charging points. This includes installing charging points in on-street parking bays or retrofitting existing car parks with charging infrastructure. By doing so, parking managers and councils can attract EV-owning customers and generate additional revenue from EV charging fees.
Local Authorities
Moreover, councils and parking managers can also apply for government grants to fund the installation of EV charging infrastructure. For example, the government’s On-Street Residential Charge point Scheme supports local authorities in installing EV charging points in on-street parking bays. This presents an opportunity for councils and parking managers to access funding to install charging infrastructure, which can reduce the financial burden of EV charging infrastructure installation.
EV Revenue Streams
Finally, councils and parking managers can also partner with EV charging companies to provide charging infrastructure in their parking facilities. By doing so, they can benefit from the expertise of EV charging companies in supplying and maintaining charging infrastructure while also generating additional revenue streams from charging fees and service contracts.
BP Pulse
In recent news, BP Pulse, one of the largest EV charging infrastructure providers in the UK, has recently partnered with APCOA, one of Europe’s largest parking management companies, to install EV charging points in APCOA’s car parks across the UK. Under this partnership, BP Pulse will install and operate the charging infrastructure, while APCOA will provide the physical space for the charging points in their car parks. This partnership aims to provide convenient and accessible EV charging options for customers while supporting EV adoption in the UK. This initiative is part of BP’s broader strategy to become a net-zero company by 2050 and support the transition to a low-carbon future. The partnership between BP Pulse and APCOA is an excellent example of how companies in different sectors can collaborate to drive positive change and support the growth of EV infrastructure in the UK.
Final Thoughts on EV Hubs
In conclusion, the upcoming changes to EV hubs and parking infrastructure in the UK present a significant opportunity for local councils and parking managers to benefit and profit. By partnering with property developers, retrofitting existing parking facilities, accessing government grants, and partnering with EV charging companies, councils and parking managers can generate additional revenue streams, attract EV-owning customers, and support the transition to a cleaner, greener transport system.
