InstaVolt secures £250 million debt facility to expand UK rapid charging network
By Eve
InstaVolt has arranged a £250 million debt facility to accelerate the rollout of its rapid EV charging infrastructure across the United Kingdom. The funding will support the company's expansion plans as it scales its network of public charging sites. Motor Trade News reported the deal, which marks a significant capital injection for one of the UK's leading rapid charging operators.
Why it matters
The £250 million facility gives InstaVolt substantial firepower to compete for high traffic sites and deploy more rapid chargers, potentially reshaping the UK procurement landscape. CPOs and site hosts should expect increased competition for prime locations as InstaVolt accelerates its build out schedule.
In this story
- Topic
- EV Charging
- Place
- United Kingdom
- Tag
- InstaVolt
Related news
InstaVolt opens 16 ultra-rapid chargers at Serpentine Green in Peterborough
InstaVolt has launched a 16-bay ultra-rapid charging hub at Serpentine Green Shopping Centre in Hampton, Peterborough, near Junction 17 of the A1. The site includes four fully accessible bays and four dual-connector chargers offering both CCS and CHAdeMO connections, all powered by 100% renewable energy and available 24/7. InstaVolt App users pay 55p per kWh between 8pm and 7am.
Why it matters
The hub adds significant ultra-rapid capacity in a high-footfall retail location with strong road links, demonstrating continued rollout momentum for InstaVolt. The inclusion of accessible bays and dual-connector units reflects procurement priorities around inclusivity and vehicle compatibility in public charging infrastructure.
Lime commits £886,857 to fund 586 e-bike parking bays across nine London boroughs
Lime has allocated £886,857 to nine London boroughs, including Greenwich, Lambeth and Hackney, to create or expand 586 shared e-bike parking bays in response to pavement crowding. The operator says it has now helped fund more than 3,400 parking bays across London as shared e-bikes account for one in 10 of the capital's 1 million daily cycling trips, according to Transport for London figures. Lime has also opened a fresh funding round for councils seeking to add more parking capacity.
Why it matters
The investment shows how operators are funding street infrastructure to support fleet growth, creating procurement opportunities for councils that need parking hardware and installation services. With shared e-bikes now representing 10% of London's daily cycling trips, the model may inform how other cities structure operator contributions to public realm works.
No commercial holsters exist for Type 2 male charging cable ends, installer confirms
An EV owner seeking a holster for the Type 2 male plug end that connects to a home charging point has been told no such product exists on the market, according to a 15 year EVSE installer responding to the query. The reader purchased a 15 metre Type 2 to Type 2 cable to bridge a 5 metre horizontal distance and 3 metre vertical step gap between their off street parking and charging point. All commercially available cable holsters are designed only for the female connector that plugs into vehicles.
Why it matters
The absence of holsters for supply side cable ends highlights a product gap in the residential charging accessories market, particularly for installations where cable management across uneven terrain or vertical distances is required. Installers and equipment suppliers may find demand for bespoke cable storage solutions in properties with non standard parking configurations.