Industry News 3rd May 2022

In the news this week, a new private company start up in Northern Ireland has announced plans for up to 1500 charge points across the region while BP and VW have announced a Europe-wide partnership which could add a further 8,000 points to the network.

Start-up Weev announces plan to build 1,500 EV charge points

Weev A BELFAST-based start-up has announced its plans to invest £20 million in 1,500 new electric vehicle charging points across Northern Ireland.

The company said it will install the public charge points in at least 350 locations by the end of 2024, including six major ultra-rapid charging hub sites capable of fully charging vehicles in under 20 minutes.

Read more >>> Irish News

SMMT reports 15-fold increase in EV models since 2011

New research by the Society of Motor Manufacturers and Traders (SMMT) has revealed a 15-fold increase in the choice of Electric Vehicle models in the UK since 2011, with the average battery range around 3 times greater compared with a decade ago.

The research reveals that there are currently 140 plug-in models available to motorists across the UK with a further 50 models expected to be launched before the end of 2022.

Read more >>> Motor Trader

Electric car cost advantage over petrol grows despite energy market crisis

Comparison website Compare the Market has revealed that driving an electric car costs almost £600 less than its ICE equivalent after fuel prices have surged more than electricity costs over recent months. The average annual cost of driving an electric vehicle was calculated at £1,264 compared with the £1,834 price for a similar size petrol car.

Read more >>> The Guardian

BP and VW announce roll out of fast-charging network across Europe

Volkswagen (VW) and BP have revealed plans to install 8,000 EV chargers across Europe over the next two year. The charging network would use VW’s 150kW Flexpole units which each feature two charge points and have an integrated battery storage system. The Flexpole can be directly connected to a low-voltage grid and do not require a dedicated substation which can increase costs and installation times.

Read more >>> Energy and Technology

Six of the top ten most viewed cars on leading website are Battery Electric Vehicles

One of Ireland’s leading car websites has revealed that six of the top ten most viewed cars on Carzone so far this year are Battery Electric . The Hyundai Ioniq 5, Audi e-tron and Nissan Leaf lead the way in the popular EVs being looked at by the website’s visitors.

Read more >>>