Good Energy Group PLC EV charging pioneer Zapmap expands into Europe
December 13 2023 - 1:00AM
RNS Non-Regulatory
TIDMGOOD
Good Energy Group PLC
13 December 2023
REACH
13 December 2023
Good Energy Group PLC
("Good Energy" or the "Company")
EV charging pioneer Zapmap expands into Europe
Good Energy (AIM: GOOD) investment Zapmap, the UK's leading
electric vehicle charge point mapping service, has expanded its
market presence by launching charge point mapping in mainland
Europe.
Electric car drivers travelling to Europe can now use Zapmap's
app and desktop map to search and filter for certain charge points
in France, Germany, Belgium, the Netherlands and Luxembourg to help
UK drivers charge their electric vehicles quickly and easily while
travelling.
These charge points have a power rating of 60kW or more,
offering a variety of payment options. Zapmap will offer displays
at 15,000 charging locations in mainland Europe - marking a 50%
increase in its overall number of charging locations for its
700,000 customers.
The announcement marks a key milestone in the Zapmap plan and
forms part of its ambitious growth strategy to help serve close to
20% of Zapmap users that travel abroad, with the past year seeing a
28% increase in people travelling to Europe in their EV. Zapmap
already offers its services to over 95% of the UK's public points
on its network, more than 70% of which show live availability data.
In 2023 Zapmap has recorded an increase of more than 50% in
registered users.
The coming months will also see Zapmap open up additional
features such as EV route planning and charging payments for
drivers in France, Germany and Benelux, in line with its
comprehensive offering for drivers in the UK and Ireland. The
company also has plans to add charge points and more charging
networks in further European countries, such as Spain, Switzerland,
Austria and Italy in 2024. This is in line with Zapmap's expansion
plans as outlined during its Series A fundraising in September
2022.
Nigel Pocklington, CEO of Good Energy and Chair of Zapmap, said:
"Zapmap has made significant progress over the last year as it
continues to broaden and deepen its market presence in the UK and
now across Europe. It continues to track with the rapidly growing
electric vehicle market, which has expanded by 40% in the UK last
year with the share of electric vehicles new car registrations
increasing in almost all EU countries.
"Today's announcement demonstrates our commitment to addressing
the increasing demand for more accessible electric vehicle
charging. It also reinforces Good Energy's goal of becoming a
one-stop company for all clean energy services, delivering on our
objective to support one million homes and businesses cut carbon
from their energy and transport use by 2025."
Enquiries
Good Energy Group PLC Email: press@goodenergy.co.uk
Nigel Pocklington, Chief Executive
Charlie Parry, Director of Corporate
Strategy & Investor Relations
Ian McKee, Head of Communications
SEC Newgate UK Email: GoodEnergy@secnewgate.co.uk
Elisabeth Cowell / Molly Gretton Tel: +44 (0)7900 248213
Investec Bank plc (Nominated Adviser Tel: +44 (0) 20 7597 5970
and Joint Broker)
James Rudd / Henry Reast
Canaccord Genuity Limited (Joint Broker) Tel: +44 (0) 20 7523 8000
Henry Fitzgerald - O'Connor / Harry
Rees
About Good Energy www.goodenergy.co.uk
Good Energy is a supplier of 100% renewable power and an
innovator in energy services. It has long term power purchase
agreements with a community of 1,700 independent UK generators.
Since it was founded over 20 years ago, the Company has been at
the forefront of the charge towards a cleaner, distributed energy
system. Its mission is to power a cleaner, greener world and make
it simple to generate, share, store, use and travel by clean power.
Its ambition is to support one million homes and businesses to cut
carbon from their energy and transport used by 2025.
Good Energy is recognised as a leader in this market, through
our green kite accreditation with the London Stock Exchange and as
the only energy supplier with Gold Standard Uswitch Green Tariff
Accreditation for all tariffs.
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