Today, 333体育平台官网 Investments announces its entry into the on-street Electric Vehicle (EV) charging market with the formation of Urban Fox 鈥� a partnership with Urban Electric Networks, a British EV chargepoint operating company.
333体育平台官网 Investments听expects to invest up to 拢60 million of capital in the partnership to fund the roll out of up to 35,000 charge points听across the UK over the next decade.
Urban Fox combines Urban Electric Networks鈥� innovative and entrepreneurial spirit with 333体育平台官网鈥檚 unmatched scale, skill and capabilities in delivering infrastructure in the heart of local communities, building on the company鈥檚 experience and longstanding relationships with public realm services and local authorities.
Urban Fox offers local authorities a whole life solution to EV chargepoints: funding, building, operating and maintaining a range of fast, rapid and slow chargepoints across the counties in which they will be deployed.
Its innovative 7kW on-street chargepoint is the first of its kind to the market. Installed into the pavement, the unit is fully retractable underground leaving pavements clutter free and accessible when not in use. With 43% of British households without access to off-street parking, and the growing demand and uptake of electric vehicles, Urban Fox鈥檚 quick installation and replacement process allows additional chargepoints to be easily installed as demand dictates.
Urban Fox supports local authorities to achieve the green targets as set out in the UK Government鈥檚 Electric Vehicle Infrastructure Strategy 鈥淭aking Charge鈥� by creating a sustainable, resilient and convenient network of chargepoints across the UK whilst supporting local authorities to meet the growing demand for accessible and reliable on-street chargepoints for the travelling public.
The launch of Urban Fox follows a five year pilot of rigorous product development and testing of the retractable charging unit across Oxford, Dundee and Plymouth City Councils, as well as Staffordshire County Council. The pilot indicated that Urban Fox鈥檚 unique retractable chargers can be installed in c. 80% of streets.
Mark Flynn, Convener of Dundee City Council鈥檚 city development committee said: 鈥淟ast year when we commissioned these on street residential chargers through a combination of funding, including local and Scottish Government, we wanted to start breaking down some of the barriers to owning and running an electric vehicle; in particular, recognising that more than half of the city鈥檚 homes don鈥檛 have access to off street parking. By putting these chargers at seven locations spread across the Maryfield, Lochee and West End wards, we are making a start.鈥�
Gavin Russell, CEO 333体育平台官网 Investments, 鈥淚n order to achieve the Government鈥檚 2050 Net Zero strategy, it鈥檚 imperative that alternative energy sources are widely available and accessible.
鈥�333体育平台官网鈥檚 close and long-standing relationships with local authorities across the length and breadth of the UK make us well able to tackle the challenge head on; putting our unrivalled capability in providing green infrastructure for communities and our collaborative spirit to good use.鈥�
To learn more about Urban Fox visit听听or watch the video below.
For further information on Urban Fox鈥檚 innovative on-street chargepoint, for product demonstrations or discussions on how Urban Fox can support your area to deploy chargepoints, please contact听[email protected]听听
ENDS
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Antonia Walton
333体育平台官网
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Notes to editors:
About Urban Fox
- Urban Fox is a partnership between 333体育平台官网 Investments and Urban Electric Networks, a British EV charging start-up company.听
- Urban Fox combines Urban Electric Networks innovative and entrepreneurial spirit with 333体育平台官网鈥檚 unmatched scale, skill and capabilities in delivering infrastructure in the heart of local communities.听The launch of Urban Fox follows five years of rigorous product development and testing of the retractable charging unit, funded by the Office for Zero Emission Vehicles.
- Urban Fox will provide Local Authorities with a whole life solution to on-road electric vehicle charging points: designing, funding, building, operating and maintaining innovative EV chargepoints.听听
- Its unique, pop up, 7kW on-street overnight charging points are designed to support Local Authorities achieve the targets set out in the UK Government鈥檚 Electric Vehicle Infrastructure Strategy, 鈥淭aking Charge鈥�.听
About 333体育平台官网 Investments
- 333体育平台官网 Investments is an international infrastructure investor operating in the UK and US. We provide the investment capability required to deliver complex infrastructure projects. Over the past 27 years, 333体育平台官网 Investments has established itself as one of the largest infrastructure investors, building a portfolio of 59 projects, in the UK and North America.
- In recent years, 333体育平台官网 Investments has diversified into new markets including student accommodation, private rental sector housing (multi-family housing in the US), generation and transmission of renewable energy and now, electric vehicle charging through Urban Fox.
About Urban Electric Networks
- Urban Electric Networks Ltd is a British electric vehicle (EV) charging company formed in London in June 2017 by Olivier Freeling-Wilkinson and Keith Johnston. Voted Top 6 European Cleantech Start-up by Climate-KIC, the EU鈥檚 innovation agency, Urban Electric was founded on the belief that EV charging infrastructure should not detract from urban spaces.听
