Delta-EE and Drake Star Partners Whitepaper: EV Charging at the Crossroads: The Fast , The Curious & The Race for Scale

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Delta-EE and Drake Star Partners Whitepaper: EV Charging at the Crossroads: The Fast , The Curious & The Race for Scale

Growth in electric vehicles ( is accelerating across Europe, with the number of EVs on the road increasing five fold between 2014 and 2019 and now reaching up to 70 of new vehicle sales in market leading country, Norway. We expect to see this growth trajectory continuing, with the number of EVs on the road in Europe increasing from 2 million in 2020 to approximately 40 million by 2030 as increased funding is poured into the sector by governments as part of post COVID 19 stimulus packages and decarbonisation incentives, giving the private sector confidence to invest. This anticipated growth has led to aggressive ‘land grabbing’ in the EV charging sector over the last five years, as companies compete for the technology, chargepoint locations and strategic partnerships that will be crucial for future success.

To identify the trends driving the market, we have leveraged Drake Star’s unique insight into the transactions that have occurred in the EV charging sector to date, categorising transactions by transaction type, valuation, role in the value chain and type of acquiring or investing company. A full list of these transactions is available in the appendix. This insight has been combined with Delta EE’s analysis on the business models being developed by EV charging companies, the future growth of this sector and market intelligence on the player landscape. To give a more comprehensive overview of how sector dynamics are reshaping the industry, we have exclusively interviewed some of the leading executives within the EV Charging and New Energies domain.

We would like to thank Daniel Lyons (GM New Business Development, Future Mobility at Shell), Franz Weber (Co founder CFO, The Mobility House), Jelle Vastert (SB Energy, Former Director of Global EV Charging at Tesla), Massimo Resta ( Zouk Capital, investor in EO Charging, Liberty Charge, InstaVolt and BePower for sharing their valuable insights.

chart showing development of EV investment

File Name: 200708 Delta-EE Drake Star_EV charging at the crossroads_FINAL.pdf
File Size: 1.8 MB
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Created Date: 30-06-2020 16:15:48
Last Updated Date: 08-07-2020 04:47:08

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