Daily EV news · UK · 10 June 2026
EV Charging
LCP Delta forecasts UK EV charging sector to deliver £15.5 billion by 2035 under stable policy
A report by LCP Delta, commissioned by ChargeUK, projects the UK EV charging industry will contribute £15.5 billion in direct economic value by 2035, rising from a largely pre-profit position today to £2.5 billion in annual value. The analysis links this growth to supportive legislation and notes the sector underpins a wider £385 billion transport electrification opportunity, with the UK now operating over 120,000 public chargers supporting two million EVs.
Why it matters
The £15.5 billion forecast signals sustained procurement and infrastructure investment over the next decade, provided policy remains predictable. For CPOs and contractors, the shift from pre-profit to £2.5 billion annual value underscores the maturing commercial case for network expansion and long term project pipelines.
EV charging to generate £15.5bn for UK economy by 2035, study finds
A study by LCP Delta, commissioned by ChargeUK, estimates that EV charging will contribute over £15bn directly to the UK economy by 2035 and unlock £385bn in broader economic opportunities. The analysis projects charging sector employment will grow from 12,000 existing jobs to 35,700 by 2035, or up to 71,500 when including supply chain roles, separate from 334,000 jobs expected across battery manufacturing, EV production, retail and servicing.
Why it matters
The forecast provides economic justification for sustained public and private investment in charging infrastructure, while the projected threefold to sixfold employment increase signals growing demand for skilled installation, maintenance and network operations capacity that procurement teams and CPOs must plan to secure.
UK government opens public EV charging cost review but excludes VAT from scope
The government has launched its review into public EV charging costs, promised in the 2025 Budget, though VAT on public charging will not be examined. ChargeUK reports that public charging prices have risen 38 per cent since 2021, with standing charges at rapid and ultra-rapid sites climbing as much as 462 per cent and overall costs jumping 11 per cent in the past year. The review will compare charging costs against petrol and diesel, assess whether any price cuts would reach drivers or be absorbed by operators, and publish recommendations in three parts this autumn covering current costs, projections to 2030, and potential interventions.
Why it matters
For charge point operators and procurement teams, the review signals potential policy shifts on network economics and cost structures by autumn 2025, though the exclusion of VAT limits the scope for immediate relief. The findings on standing charges and cost pass-through will inform business cases for new installations and may reshape how operators price services across low-speed, destination and rapid charging segments.
Electric Vehicles
Hull councils stage free EV test-drive event on 20 June with over a dozen brands
Hull City Council and East Riding of Yorkshire Council will host a free Let's Go Electric event at Priory Way Park & Ride on 20 June, offering test drives of more than a dozen electric car brands, e-bikes and electric buses. The event will include charging demonstrations, taster bus journeys and information on council transport projects, aiming to help residents understand EV running costs, charging and available options. Councillor Mark Ieronimo said transport is a major contributor to carbon emissions and EVs can improve air quality.
Why it matters
Public engagement events like this can accelerate EV adoption by addressing consumer concerns around charging and costs, potentially increasing demand for local charging infrastructure. The involvement of two councils signals coordinated regional planning that may shape future procurement of charging networks and electric bus fleets.