UK electric vehicle charging firms ‘seeking buyers amid rising costs and tough competition’

2026-02-07 - 12:05

Mergers and acquisitions will shrink number of operators from more than 100 to five or six, says Be.EV co-founder British electric charger companies are asking rivals to buy them as they run out of cash amid rising costs and intense competition, according to industry bosses. A wave of mergers and acquisitions is likely to shrink the number of charge point operators from as many as 150 to a market dominated by five or six players, said Asif Ghafoor, a co-founder of Be.EV, a charging company backed by Octopus Energy. Continue reading...