Smart Transport

Ingenious invests £750,000 in EV charging firm

Ingenious has invested £750,000 through its Infrastructure Ventures EIS Service to help expand Elmtronics’ charging network across the UK.

The funding forms part of a £1.5m investment alongside the North East Venture Fund (NEVF), which is supported by the European Regional Development Fund and managed by Mercia.

The investment follows the announcement that the Government is to ban the sale of new petrol and diesel cars from 2030.

Elmtronics has developed its own software – Hubsta - which is installed on the charging points and measures customers’ electricity use, allowing them to manage their account and pay for charging services.

The charging company was was established in 2016 and it supplies and installs public charging stations as well as those for homes and businesses.

Its clients already include Nike, the NHS, National Grid, FedEx, Taylor Wimpey and a number of city councils.

Dan Martin, Chief Executive Officer, Elmtronics, said: “The latest Government announcement is another big step forward on the ‘road to net zero’.

“However, despite the growing popularity of EVs with consumers and fleet users, a lack of charging points continues to deter many from making the switch.

“This funding will allow us to step up our activity to help build the all-important infrastructure. 

“We hope to make Elmtronics a key player in the roll-out.”

 Transport Minister Rachel Maclean

Virtual Smart Transport Conference 2020 presentations available to view now

After three packed days of content the first Virtual Smart Transport Conference has come to a close, but delegates can now gain free access to rewatch all the presentations during the show.

How to watch the presentations

Videos can be accessed by heading to the Agenda & Live Stream section of the Virtual Smart Transport Conference event website and choosing sessions to watch from across the three days.

The event featured thought leadership presentations from over 45 key stakeholders from the public and private sector, with opening statements from transport minister Rachel Maclean (pictured) and Mayor for Greater Manchester Combined Authority Andy Burnham.

Watch now

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