Rightcharge secures £ 700,000 seed investment from investors including Link Venture Capital – UK Tech Investment News

Rightcharge raises £ 700,000 to accelerate adoption of smart electric vehicle charging

London, 2NS December 2021: All-in-one charging point and EV-friendly energy rate comparison service Right charge, Raised £ 700,000 in a fully subscribed seed funding round to accelerate the adoption of smart EV charging in the UK.

Investors are included Link Venture Capital (Norwegian Clean Tech VC), and host of angel investors such as: James Hind (Founder of carwow), Mike Allen (Initial investor of Zeus Capital / carwow), Stuart Dible (Co-founder of Affect emotions / Former director Jaguar Land Rover) When Julia tent (Former commercial director uSwitch).

Rightcharge brings out the benefits of smart charging for EV drivers by helping EV drivers find the right charging points and energy rates for their home and business charging needs. This is done through a transparent and easy-to-use comparison tool that allows users to see various energy prices, home EV chargers and installation prices suitable for EVs from a network of more than 50 scrutinized companies. increase.

The UK government has pledged to ban the sale of new gasoline and diesel vehicles by 2030 and new hybrid vehicles by 2035 to reduce carbon emissions in the transport sector. It is estimated that 10 million people will switch over the next 10 years. However, the lack of clear information means that drivers are missing out on the opportunity to switch to smart energy rates and set up charging points that automatically schedule charging at the cheapest and most sustainable times. Means.

By using a combination of EV-friendly energy rates and smart chargers, EV drivers can save a lot of money, reduce carbon emissions by 25%, and the UK power network has billions of pounds of power grids. Allows you to avoid enhancements.

The state of the energy market is particularly confusing for consumers in 2021, rising prices mean that domestic customers have no option to save money, and small new entrant energy providers are out of business. Have been driven into.

However, electric vehicle customers can counter that trend because of the off-peak pricing offered by EV-friendly energy prices. Most of the major established market players offer electric vehicle prices that can save customers up to £ 158 a year, and Rightcharge is in the right position to help customers discover those savings.

Charlie Cook, Founder of Right charge, Said:

“We want to make it easier, cleaner, cheaper and more accessible to charge EVs so that everyday people can choose electricity. So far, 10,000 people. We’ve helped more than one driver find an installer or energy supplier, but we’re only scratching the surface. In the UK alone, by 2030, about 10-15 million drivers will have electricity. With new investments, we are ready to support all car retailers looking for a charging partner that can provide an industry-leading customer experience.

Christian rangen,Board chairman Link Venture Capital Said:

“The world is moving to electricity, and moving to electric mobility is one of the biggest trends and one of the biggest investment opportunities out there. We have invested in electric mobility spaces for over eight years. We’ve seen this space grow, mature, and explode this year. Invest and support Rightcharge as the company grows to occupy an important position in the outlook for future electrical mobility. I am honored to have the opportunity. I am very excited about the future of Rightcharge. ”

Stuart Dible Co-founder of Affect emotions / Former director JLR Said:

“Currently, the market is rapidly electrifying, and as more drivers join the EV community, so does the need for clear comparative information on charging technology and energy prices. I am Charlie and the Rightcharge platform. I’m very impressed with and look forward to helping the British grow their business so they don’t choose a home charger or price without first checking Rightcharge. “

James Hind, Founder of carwow – Major new car purchasing sites in the UK, Germany and Spain state:

“We feel that the electric vehicle revolution is approaching. Rightcharge provides the best way for consumers to easily find a charging point installer and get a tailored smart electricity bill. I’m looking forward to working at Rightcharge with Charlie and his team, and I’m very excited about where this company is heading. ”

This funding announcement is the latest from Rightcharge and is an EV driver nationwide, even after partnering with Lookers (one of the UK’s largest car retailers) and (the UK’s largest car leasing comparison site). Will continue to support. The past few months.


Note to the editor: Contact Tom Green for more information or to request an interview. [email protected]

Click to watch the Rightcharge funding video. here..

About Rightcharge:

Rightcharge is the main charging point for electric vehicles and is an energy price comparison site suitable for EVs. It saves more than £ 150 a year by allowing drivers to select the right charging point for their needs, connect with scrutinized and approved installers, and switch to professional household energy bills. Useful for. Rightcharge supports some of the UK’s largest car retailers, including Lookers and, as recommended charging partners. The goal is to make smart charging a standard, no exception, and reduce 7.5 million tonnes of CO2 by 2030.

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Rightcharge secures £ 700,000 seed investment from investors including Link Venture Capital – UK Tech Investment News

Source link Rightcharge secures £ 700,000 seed investment from investors including Link Venture Capital – UK Tech Investment News

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