Formula Space launches V4 CableGuard with power tool resistance as UK cable theft costs CPOs millions since 2022
By Eve
Formula Space has released V4 cut protection for its CableGuard product, engineered to defeat angle grinders and power tools used by organised crime groups targeting EV charging cables. Cable theft costs UK charge point operators millions of pounds since 2022, with each stolen cable costing £1,200 in hardware alone; in France, 650 charging stations have been hit since the start of the year, causing €13 million (£11.1 million) in damage and losses. The V4 sleeve is designed to blunt power tools and turn attacks that once took seconds into slow, costly operations.
Why it matters
Cable theft has escalated to a board level issue for CPOs, with organised criminals using increasingly aggressive methods that damage infrastructure beyond simple cable replacement. The V4 upgrade offers procurement teams a hardened deterrent option for high risk sites where standard protection has proven insufficient against power tool attacks.
Source
- Original title
- “New V4 cut protection to keep EV charging cables safe”
- Published
- 1 October 2026
- Updated
- 3 October 2026
- Also covered by
- Google News
In this story
- Topic
- EV Charging
- Place
- United Kingdom
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