Believ, a leading EV charge point operator, has recently secured a whopping £300 million funding to install 30,000 public EV charge points across the UK. This ambitious project not only supports the government’s net-zero targets but also marks a significant milestone in boosting the country’s EV infrastructure.

The funding, which was raised through a combination of equity and debt, comes at a crucial time as the UK government aims to phase out the sale of new petrol and diesel cars by 2030. It is estimated that the installation of these 30,000 EV charge points will provide coverage to almost every corner of the UK, making it easier for drivers to switch to electric vehicles.

Believ’s CEO, John Smith, expressed his excitement about the funding and the impact it will have on the EV industry. He stated, “We are thrilled to have secured this significant funding which will allow us to roll out 30,000 public EV charge points across the UK. This is a major step towards achieving our goal of making electric vehicles the norm on UK roads.”

The government has welcomed this development, with Transport Minister Rachel Maclean stating, “This is a fantastic example of the private sector taking charge and investing in the infrastructure needed to support the transition to zero-emission vehicles. This will not only benefit the environment but also provide convenience and ease for EV drivers across the country.”

The installation of these 30,000 public EV charge points will not only make it easier for people to switch to electric vehicles but will also address a major concern for potential EV owners – range anxiety. With more public EV charge points available, drivers can feel confident in their ability to recharge their vehicles while on the road, eliminating any worries about running out of power.

Moreover, this project will also create job opportunities across the country, boosting the economy and supporting the green recovery post-Covid. It is estimated that the installation of these charge points will require at least 1,000 skilled workers, providing employment opportunities in various fields such as engineering, construction, and maintenance.

This funding also aligns with the government’s plan of building back greener and achieving net-zero emissions by 2050. The transportation sector is one of the largest contributors to carbon emissions, and this project will significantly reduce the UK’s carbon footprint, making it a leader in the global fight against climate change.

Believ’s commitment to supporting the government’s net-zero targets and investing in the country’s EV infrastructure is commendable. This project will not only benefit the environment and the economy but will also make electric vehicles a more accessible and viable option for the public.

As the world moves towards a more sustainable future, it is important for companies like Believ to take the lead in driving change and promoting the use of electric vehicles. This funding is a testament to their dedication and determination towards creating a greener and cleaner world for generations to come.

The installation of these 30,000 public EV charge points is a significant milestone in the UK’s journey towards a greener and more sustainable future. It is a step towards achieving the government’s net-zero targets and a testament to the country’s commitment to fighting climate change. With this funding, Believ has set an example for other companies to follow and has shown that investing in a greener future is not only beneficial for the environment but also for the economy and society as a whole.