MoneyAM MoneyAM
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Research   Share Price   Awards   Indices   Market Scan   Company Zone   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Stock Screener   Forward Diary   Forex Prices   Director Deals   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Videos   Comparison Tables   Spread Betting   Broker Notes   Shares Magazine 
You are NOT currently logged in

 
Filter Criteria  
Epic: Keywords: 
From: Time:  (hh:mm) RNS:  MonAM: 
To: Time:  (hh:mm)
Please Note - Streaming News is only available to subscribers to the Active Level and above
 


Good Energy’s Zapmap to partner with Centrica subsidiary Hive

ALN

Good Energy Group PLC on Monday said investee Zapmap has struck an electric vehicle charging pact with British Gas owner Centrica PLC’s smart home technology unit Hive.

The ‘strategic partnership’, which is scheduled to begin in 2025, will see Hive’s customers benefit from the ability to charge their electric vehicles either ‘at or away from home’.

The tie-up reflects the ‘shared mission’ of the companies to ease the charging process, with an aim of supporting the transition of over one million customers to electric vehicles by 2028, Chippenham, England-based renewable electricity supplier and energy services provider Good Energy said.

Good Energy owns just under 50% of Zapmap, an application which allows users to ‘search, plan and pay for charging’ of their electric vehicles.

As part of the long term prospects of the agreement, the Zapmap and Hive will evaluate the possibility of further integration of their applications.

Hive’s Managing Director Dan Rosenfield stated that: ‘We’re on a mission to help make EV charging simple and affordable. Through our strategic partnership with Zapmap and our investments in the Hive app, we are empowering EV drivers to have complete control over their electric driving experience.’

Good Energy’s Chief Executive Officer Nigel Pocklington highlighted Zapmap’s ‘significant role’ in simplifying the electric vehicle charging process.

Pocklington said: ‘EVs and related products such as home charging are a major gateway for customer adoption of renewable energy solutions that can help accelerate decentralised clean power.’

Good Energy shares are up 6.7% today in London on Monday afternoon at 281.75 pence.

Copyright 2024 Alliance News Ltd. All Rights Reserved.