All-in-one charge point and EV-friendly energy tariff comparison service Rightcharge, has raised GBP700k in a fully subscribed Seed funding round, to help accelerate the adoption of smart EV charging in the UK.
Rightcharge unlocks the benefits of smart charging for EV drivers by helping them find the right charge point and energy tariff for their home or business charging needs. It does this via its transparent, easy to use comparison tools that let users review different EV-friendly energy tariffs, home EV chargers and installation prices from a network of over 50 vetted companies.
The UK government has pledged to ban the sale of new petrol and diesel vehicles by 2030 and new hybrids by 2035 to help cut the transport sector’s carbon emissions – and it is estimated 10 million people will make the switch over the next decade. However, a lack of clear information means drivers are missing the opportunity to switch to smart energy tariffs and install charge points that automatically schedule charging for when it is cheapest and most sustainable.
By using an EV-friendly energy tariff and smart charger combination, EV drivers can make substantial savings, reduce their carbon emissions by 25% and help the UK’s electricity networks avoid billions of pounds of re-enforcement to the grid.
Read more/Source: Private Equity Wire
