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Shell offers to help local council authorities pay for EV charging points

17 September 2021

Energy giant Shell is offering to help local authorities pay for the installation of new electric vehicle (EV) chargers in an effort to improve infrastructure.

Shell recently revealed its plans to install 50,000 EV charge points in the UK by 2025, ahead of the ban on the sale of new petrol and diesel vehicles. It will achieve this through Ubitricity, an EV charge point manufacturer and operator which Shell recently acquired. 

The government has offered a 75 per cent subsidy to local authorities for the installation of charge points and now Shell has offered to top up the remaining 25 per cent. 

Shell will benefit from the initiative by selling energy at the charge points. 

A recent report from the UK government’s Competition and Markets Authority, estimates that 280,000-480,000 public charge points will be needed by 2030 – which is more than ten times the current number (25,000).

Shell's UK chair David Bunch said, "It's vital to speed up the pace of EV charger installation across the UK and this aim and financing offer is designed to help achieve that."

Transport minister Rachel Maclean said, "Together with industry and local authorities, we can create cleaner, greener local communities - providing EV chargepoints for people without off-street parking across the country."

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At Marshall Leasing, we are always interested in the latest news about electric vehicles and are trust that you find this information useful. 

If you would like to find out more about how we can help you make the switch to an electric vehicle, please get in touch with us at info@marshall-leasing.co.uk or by calling 01480 414541. Alternatively, please complete our contact form.  

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