Ofgem to invest in EV charging infrastructure

After the news announced today that Ofgem will be investing £300m into the UK’s electric car charging network, Sepi Arani, Director of OEM at www.carwow.co.uk, said the following: “We’re pleased to hear that Government regulator Ofgem will be investing around £300m into the EV charging infrastructure here in the UK.

This is a much-needed boost; manufacturers have already invested billions to increase consumer choice by as much as 91 per cent since before the pandemic, while utility companies are also delivering new public chargers on a daily basis.

On average, 4,000 electric vehicles are configured every day by car buyers on carwow, showing huge volumes of buyers just itching to press the button on an EV. Although this pledge will go a long way to reduce range anxiety for those looking to make the switch to EV, for the majority of buyers it won’t actually make electric vehicles any cheaper (which is one of the main barriers to purchasing).

Says Arani: “It’s important to address the fact that as a country, we’re underprepared for the switch to EV, but this investment will help us take steps towards becoming ready. In the meantime, if you’re thinking about making the switch to electric, but you’re concerned about the charging availability in your area, check out our handy electric vehicle charging map.”