London's chosen venue, Fastned, will collaborate for a fresh joint venture: expected number of charging stations?
Places for London, a property development company, is set to develop a pipeline of potential electric vehicle (EV) charging hub sites across its estate in London. This move aims to ensure quick delivery of charging hubs, making it easier for those who need to rapidly charge their electric vehicles.
The first of five previously announced sites is expected to break ground in 2025 and open to customers in 2026. The initial site, which will be delivered in 2026, will support placemaking in local areas by including retail and other facilities, such as toilets on the larger sites where possible.
Transport for London's (TfL) property company has selected Fastned as its preferred partner for this new joint venture. Fastned, an operator with over 325 charging hubs across Europe, already operates one of London's busiest ultra-rapid charging hubs in Greenwich.
Working together, Places for London and Fastned will establish a long-term delivery plan for at least 25 EV charging hubs across Places for London's estate, with the potential to increase up to 65 hubs. The joint venture aims to deliver new dedicated off-street urban charging hubs that can simultaneously charge multiple vehicles at high speeds. Each site will deliver a minimum of six publicly accessible ultra-rapid charging bays, including at least one bay for those with accessibility needs.
According to TfL's modelling, London will need around 4,000 rapid charge points by 2030. With London leading the way in electric vehicle charging infrastructure, boasting more than 1,200 EV charging points across the capital, this partnership is a significant step towards meeting this demand. More than 1,200 EV charging points found across the capital are rapid or ultra-rapid charging points, with approximately 300 delivered by TfL.
Tom Hurst, UK Country Director for Fastned, expresses excitement about bringing more ultra-rapid charging to key locations across the city. He notes that Fastned's network operates with high uptime due to its data-driven, in-house operations and maintenance teams.
Places for London is requesting approval from TfL's Land and Property Committee to form the joint venture at the earliest opportunity. TfL is also looking at how to bring more of its own land into use for EV charging bays and is working with other members of the Greater London Authority (GLA) family and borough councils to bring further sites across London.
Fastned and Places for London, in collaboration with Transport for London, are likely to build several new ultra-rapid electric vehicle charging halls primarily in London locations such as the NEC and the Cromwell Road site in West London over the next few years. Mark Farrow, Director of Strategy and Planning at Places for London, states that these new charging hubs will make it easier for those who need to rapidly charge their electric vehicles.
This joint venture intends to meet or exceed the Public Charge Point Regulations 2023 and deliver best practices from the British Standards Institution's guidance on accessible charging infrastructure. With this partnership, London continues to lead the way in electric vehicle adoption and infrastructure development.
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