Trojan Energy enters administration with nearly £30 million debt

Scottish EV charging firm Trojan Energy has collapsed into administration carrying almost £30 million in debt, according to The Times. The company, known for its flat and flush pavement charging technology, had raised significant venture funding but failed to achieve commercial scale.

Why it matters: The failure of a well funded charging infrastructure provider highlights ongoing viability risks in the sector, particularly for hardware innovators targeting kerbside residential charging. Procurement teams and local authorities evaluating pavement charging solutions will need to reassess supplier stability and technology longevity in their tender processes.