Energy regulator invests £ 300 million in electric car charging network Business

Places like Glasgow, Kirkwall, Warrington, Llandudno, York and Truro will benefit from increased network capacity through the investment, he added.

Jonathan Brearley, Managing Director of Ofgem, said: “The payment will support the rapid adoption of electric vehicles, which will be vital if Britain is to meet its climate change targets.

“Drivers need to be sure that they can charge their cars quickly when they need to.

“As Glasgow hosts the Cop26 climate summit, energy networks are rising to the challenge and working with us and our partners to accelerate projects that can start now, benefiting consumers, boosting the economy and creating jobs. “

Rachel Maclean, Minister of Transport, said: “I warmly welcome today’s news from Ofgem, which will dramatically improve the resilience of our charging network as we rebuild greener.

“With over 500,000 electric cars currently on UK roads, this will help increase that number even further as drivers continue to switch to cleaner and greener vehicles.”