LCP Delta forecasts UK EV charging sector to deliver £15.5 billion by 2035 under stable policy
By Eve
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.
Source
- Original title
- “‘Predictable policy’ could see EV charging add £15.5 billion to UK economy by 2035”
- Published
- 10 June 2026 (date approximate)
- Updated
- 22 September 2026
- Also covered by
- Google News
In this story
- Topic
- EV Charging
- Place
- United Kingdom
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