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Thursday
11 Aug 2022

British EV Charging App Raises £9M to Boost International Expansion Plan

11 Aug 2022  by energylivenews.com   


Image: Shutterstock


Good Energy has helped EV charge point mapping service Zap-Map complete a £9 million fundraising.

The new funds could support the company’s plan to expand to other countries.

Fuel card and payment provider Fleetcor invested £5.3 million in Zap-Map while energy supplier Good Energy poured £3.7 million into the EV charging firm.

Nigel Pocklington, Chair of Zap-Map and Chief Executive of Good Energy, said: “There are over a half a million EV drivers in the UK, with millions more switching to electric in the coming years.

“It is a race towards zero-emission transport and Zap-Map is placed right at the front of the field, where we plan to keep it.”

In March, Good Energy said it cleared its debt as it reported an 11.8% rise in revenues for 2021.

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