Instavolt is a provider of charging infrastructure for electric vehicles.
Its objective is to deliver a premium charging infrastructure that supports the electrification of the transport system throughout the country. Headed by industry veterans with over 30 years experience in the UK’s energy efficiency sector, the company is one of the best supported companies of its kind in the UK and is backed by Zouk Capital, who have invested £12m in this round. Instavolt plans to introduce rapid charging points for electric vehicles across London and the UK with an aim to exceed 3,000 locations by 2021.
The 50kW rapid charging units can provide an 80% charge in around just 30 minutes and unlike many other providers, Instavolt operates an ‘open charger’ model, so anyone can use our charging points on a pay as you go basis. The service is designed to help maximise EV take-up and is supported by Government legislation and investment that is also working to drive the sustained growth of the sector.
- InstaVolt is headed up by Tim Payne, who co-founded energy efficiency firm Anesco and acted as COO before leaving and going on to set up InstaVolt. As part of the senior management team at Anesco, he was instrumental in the company’s meteoric growth and plans to replicate that success at InstaVolt with former Anesco CEO Adrian Pike by his side as chairman
- InstaVolt provides rapid electric vehicle charging infrastructure to help support the world's need for the electrification of transport
- Its solutions allow local authorities, supermarkets, fleet providers and owners of infrastructure and land the ability to install EV infrastructure at no cost to themselves and receive an income for the next 30 years
- InstaVolt’s infrastructure gives drivers of electric vehicles access to the latest technology on a pay-as-you-go basis, with no subscription fee