Believ, owned by Liberty Global and Zouk Capital, has secured a £300m investment facility to install at least 30,000 charge points, boosting access to public EV charging across the UK.

Much of the investment will be dedicated to on-street, residential locations designed to help drivers without off-street parking transition to EVs. Significant funding will also be allocated to rapid and ultra-rapid charging hubs as well as rural, underserved locations, ensuring that the switch away from petrol and diesel cars leaves no one behind.

Jonathan Pearson, Chairman, Believ and CFO, Liberty Growth at Liberty Global, commented: “The funding announced today demonstrates the potential of partnering with the public sector in the UK to create the critical EV charging infrastructure required for a greener future. With Virgin Media O2 on board as a delivery partner and leveraging Liberty Global’s financing expertise, we look forward to Believ rolling out much-needed EV charge points throughout the UK.”

The Government has pledged £2.3bn to help industry and drivers make a supported switch to EVs, with a £200m budget to help expand public charging and a dedicated Local Electric Vehicle Infrastructure (LEVI) Fund of £381m for local authorities in England. Believ will be partnering with both public and private sector organisations to deliver charging solutions nationwide.

Lilian Greenwood MP, Minister for the Future of Roads at the Department of Transport, commented: “We’re working hard to ensure all drivers can charge easily and conveniently – no matter where they are. Believ’s investment is a brilliant vote of confidence in the transition to electric and another fantastic example of Government and industry working together to roll out tens of thousands of chargepoints across the country.”

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