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Full finance packages for smart electric vehicle chargers

RAW Charging is pleased to announce the ability to offer a fully financed electric vehicle charging installation through their new partnership with Close Brothers Asset Finance and ChargePoint. This will allow companies and organisations to have smart electric vehicle chargers installed in their car parks and spread the cost over 5 to 7 years.

With the large forecast growth of electric vehicles dominating the news in the UK and need for more infrastructure to support the significant increase, RAW Charging has partnered with ChargePoint to offer the world’s most comprehensive charging solutions for organisations that will allow them to manage access, set pricing, monitor energy use, analyse utilisation and many other features. For some companies, upfront costs can deter them from taking the first step into smart EV charging.

ChargePoint offers a comprehensive set of solutions that allow site hosts and station owners with access to vital information that enables them to manage their charging assets seamlessly, helping them manage resources and reduce costs. Fleet managers, in particular, are able to take advantage of software tools like power and energy management, as well as an industry-leading portal that empowers businesses to more effectively manage both time and cost, elements that are imperative to efficiently running any vehicle fleet. RAW Charging is discovering that organisations - including golf clubs, retail parks, farm shops, cafes and pubs - are now able to drive revenue from their car park as well as attract new customers into their business.

Many cities in the UK are restricting commercial vehicles from entering certain zones based on their emissions. Close Brothers Asset Finance has long been a key player in the commercial vehicle market and they are predicting a significant rise in the take up of electric commercial vehicles, which creates a tremendous opportunity for businesses to increase charging infrastructure to support the shifting mobility landscape.

RAW Charging is part of the RAW Energy Group, who are amongst the UK’s leading renewable energy and sustainability companies. They have been actively developing and financing renewable energy projects around the UK, including solar, wind, biomass and anaerobic digestion. RAW Energy have worked with and advised many of the UKs largest sustainability funds and is a consultant to both developers and funders.

“With the impending growth of the electric vehicle market in the UK it is essential that companies and organisations are able to spread the cost of both the equipment and installation of the infrastructure,” said Bruce Galliford, CEO, RAW Charging. “It was important for us to have a strong finance partner who could match the sophistication of the ChargePoint network and expected demand over the coming years of growth.”

John Fawcett

John Fawcett, CEO for Close Brothers Asset Finance’s Transport division, said: “We are delighted to have been selected as RAW Energy’s funding partner for ChargePoint charging stations. The EV revolution is really starting to take hold - in August, sales of electric vehicles reached a record high, accounting for one in every 12 new cars purchased in the UK. We have long been supporters of the move towards more efficient vehicles and look forward to an exciting future.”

Tony Mills, Director, Commercial Accounts & Channels (Europe), ChargePoint: “The revolution in mobility is upon us and the signs are clear, the shift to mass electric transportation is an unstoppable train with no signs of turning back. ChargePoint is committed to helping pave the way to an all-electric future and collaborating with partners like Close Brothers Asset Finance and RAW Charging is key to building out the fuelling network of the future that will support the shift to electric mobility and transition to fleets in the years to come.”

For further information please contact Bruce Galliford or Neil Broadbank at RAW Charging on 01285 889 869 or