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Be.EV to invest £20 million in 200 EV fast charging bays at UK retail sites

  • UK EV charging network Be.EV will invest £20 million to install more than 200 EV charging bays at 22 retail and leisure properties managed by Schroders Capital in the UK.
  • Be.EV, funded by Octopus Energy Generation's £1.5-billion Sky Fund, will install ultra-rapid Kempower chargers capable of delivering up to 325 miles of range in 20 minutes.
  • Charging hubs will have 6 to 12 bays and be leased on a 20-year agreement with index-linked market rents. Legal agreements have been exchanged for the first three locations.
  • Be.EV operates over 800 live charging bays in the UK, with plans to expand to 1,600 by 2025, supported by the £110 million funding commitment.

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