Electric vehicle (EV) charging network provider Engenie has announced a partnership with M7 Real Estate Ltd to install rapid EV chargers across eight of the companyâ€™s out of town retail sites across the UK.
The partnership â€“ which is based on a profit share model on gross profit â€“ will see EV charging points powered by renewable energy installed at the eight locations across the UK.
The announcement comes after Engenie secured investment from banking firm Investec which will see its UK-wide network grow to 1,500 rapid chargers by 2021 .
The majority of the 16 rapid chargers are expected to be installed at M7â€™s locations before the end of 2018.
Commenting on the agreement, Patrick Sherriff, business development director at Engenie said: â€œInstalling convenient, accessible and easy-to-use EV charging points across M7â€™s UK portfolio will put the customer at the heart of the EV transition. At the same time, the 100% renewable energy powering the chargers and the positive impact on local air quality fits with both M7 and Engenieâ€™s long-term commitments to improving our environmental impact.
â€œPartnering with M7 to offer their customers rapid EV charging is a significant step towards our aim to build a public charging network spanning the whole of the UK. M7â€™s retail parks are a perfect fit for our rapid chargers, giving EV drivers the convenience of re-fuelling whilst they shop and eat.â€
In total, it is believed that use of the charging points could remove an estimated 2.5 tonnes of NOx from UK roads, if electric vehicles were replacing more polluting petrol or diesel models.
John Murnaghan, head of UK Real Estate at M7 said: â€œAs the number of retail warehouse assets under our management continues to grow, so too has the demand from our customers for this technology. This partnership presents a compelling opportunity to help future proof our retail park portfolio as well as enhancing the performance of these assets and consumer choice on site.â€