9.6.2021GRIDSERVE takes over the Electric Highway
Sustainable energy solutions company GRIDSERVE has today completed the purchase of the Electric Highway – the world’s first national charging network for electric cars – from green energy supplier Ecotricity.
The Electric Highway has played an important role in kickstarting the UK's electric vehicle revolution since it was established in 2011, enabling early adopters of EVs to drive across Britain.
However, times have changed significantly since the Electric Highway was first established. Over a decade, charging has moved on from 3-pin plugs and 7kW to the now state-of-the-art 350kW standard, which is capable of providing 100 miles of charge in around five minutes. The typical range of a car battery has also grown from 80 miles to more than 300.
The technical progress and rapid price convergence of new electric vehicles with their fossil-fuel counterparts sees more than half a million plug-in cars in the UK, with over a quarter of a million battery-electric vehicles on UK roads.
What's more, many of the world’s largest car manufacturers have of course announced dates for the final production of fossil powered cars. The government's ban on the sale of new petrol or diesel vehicles by 2030 also provide a significant ultimatum.
Looking forward, GRIDSERVE is ramping up its investment in the Electric Highway, replacing all existing pumps on the network with new technology that features all the latest advances, including contactless payment. Last month, for example, the Electric Highway opened the first high-power charging facility on the country’s motorway network – at Moto’s new flagship Rugby services, which features 12 of the new 350kW chargers.
Toddington Harper, CEO at GRIDSERVE, commented:
“It’s a real honour for GRIDSERVE to have been chosen by Ecotricity as the organisation to take the Electric Highway forward in its next phase. Our purpose is to deliver sustainable energy and move the needle on climate change, and the upgraded network will provide the conference for millions more to make the successful transition to electric vehicles in the earliest possible timeframes.”
Dale Vince OBE, Founder of Ecotricity, said:
“We’ve reached an interesting point in the electric car revolution – exponential growth is just round the corner, while the technology for charging has evolved into one ruling standard, offering charging speeds that are almost on par with fossil powered ones, where you top up once every week or two.
“At the same time, the Electric Highway needs a growth spurt to make sure it stays ahead of driver demand and continues to play its key role as the network that delivers more miles a year for UK drivers than any other. For this, the Electric Highway needs an owner with access to serious funding and real commitment to the cause – and I’m delighted to have found the ideal company in GRIDSERVE to hand the baton to.”
The sale will enable Ecotricity to push new boundaries in its green energy business, with innovations like Britain’s first Green Gasmill – a revolutionary process of making ‘natural gas’ for the grid simply from grass. It will also bring forward a series of solar and battery storage projects to be built without government support, while expanding its Sky Mining facility – a carbon capture and storage process that turns atmospheric carbon dioxide into lab ground diamonds, known as Skydiamond.