Be.EV
111 Piccadilly, Manchester, M1 2HX, United Kingdom
Overview
Be.EV is a UK-based EV charging network that installs ultra-rapid chargers at retail, leisure and community locations, often via partnerships with real-estate owners and public-sector bodies. The company will deploy high-speed Kempower chargers under a recently announced partnership with Schroders Capital to install 200 ultra-rapid bays across 22 properties. Under the deal, Be.EV will fully fund installation and maintenance while leasing the bays on 20-year, index-linked rent agreements, creating a secure long-term revenue stream. Be.EV currently operates more than 800 charging bays and plans to double that to 1,600 by the end of 2025, focusing on busy urban hubs and community sites. The company is backed by £110 million from Octopus Energy Generation’s Sky Fund and says it aims to be one of the fastest-growing charge point operators in the UK. Its community-first model and emphasis on customer experience have made it one of the top-rated large charging networks on Zapmap. Be.EV is an electric-vehicle charging network founded in Greater Manchester in 2019 that builds and operates rapid and ultra-rapid public charge points across the UK. It currently manages a network of over 700 live charge points, with an additional 300+ being built to go live across the UK by the end of 2024, and is on track to operate more than 1,000 publicly accessible rapid and ultra-rapid charge points nationwide by year-end. The company has installed more than 600 charge points in Manchester and the North West alone. Be.EV announced a £55 million debt raise from NatWest and KfW IPEX-Bank to support expansion of mostly ultra-rapid chargers into communities lacking rapid charging. The majority of chargers funded will be ultra-rapid technology capable of charging a typical EV to 80% in about 20 minutes. Chargers deployed under the programme will be powered by renewable energy supplied by Octopus Energy to ensure a green transport transition.
- Total raised
- $97M
- Funding rounds
- 2
- Latest round
- Equity
- Latest activity
- May 2025
Industries
- Apps
- Charging Infrastructure
- Electric Vehicle
Recent funding
Equity
May 2025
$27M
Debt Financing
Jun 2024
$70M