Chargemaster has been given clearance to complete its acquisition of Elektromotive and Charge Your Car Ltd next week, by the UK Competition and Markets Authority.
The approval will see a significant consolidation of the EV charging infrastructure industry, with Chargemaster and Charge Your Car operating large numbers of charge points across the UK.
The deal will involve Chargemaster invest in Elektromotive and Charge Your Car, with a focus on increasing the size of its network, and improving maintenance and customer services.
David Martell, Chief Executive of Chargemaster, said: “This is great news for the rapidly growing number of EV drivers in the UK. By integrating the POLAR and Charge Your Car networks, we can provide more UK charging points, a number of new advanced features, and a better customer experience.
“POLAR membership gives every EV motorist access to more than 5,000 charge points nationwide, with around 90% of them completely free to use. We are committed to keeping the costs of charging low to support the industry as we transition into a new era of motoring.”
POLAR is the first network to be available with dynamic data on Zap-Map. Users on the desktop and smartphone apps can see the live status of POLAR units, improving the reliability of information offered to EV drivers. Find POLAR points by using the network filter on the map.
