Be.EV

Be.EV

Operates, refreshes, expands and maintains concentrated regional networks of public electric vehicle (EV) charging infrastructure across the north of England and beyond.

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DateInvestorsAmountRound
investor

€0.0

round
investor investor

€0.0

round
*

£20.0m

Valuation: £550m

Early VC
Total Funding000k
More about Be.EV
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Be.EV is a UK-based startup that operates in the electric vehicle (EV) charging industry. The company is focused on building a national network of EV charging stations, serving EV drivers across the country. Be.EV's business model is centered around providing convenient and rapid charging solutions for EV users, with charging hubs located in strategic areas such as retail parks and car washes. The company's charging stations are designed to fully charge an EV in just 20 minutes, offering a significant time advantage over traditional charging methods.

Be.EV's market includes all EV drivers, but the company has a particular focus on serving communities in Manchester and surrounding areas. The company has recently secured funding from Octopus Energy Generation, which will provide up to £110 million to support the installation of 1,000 new EV charging points by 2024. This investment will significantly expand Be.EV's network and enhance its ability to serve its growing customer base.

The company generates revenue by charging EV drivers for the use of its charging stations. Be.EV has also formed partnerships with other businesses, such as the car wash group IMO, to install charging stations at their locations, providing an additional source of income.

In summary, Be.EV is a rapidly growing startup in the EV charging industry, backed by significant investment and with a clear plan for expansion. The company's focus on rapid charging and strategic location selection positions it well to serve the growing number of EV drivers in the UK.

Keywords: Electric Vehicle Charging, Rapid Charging, Strategic Location, Community Focus, Expansion, Investment, Partnerships, Revenue Generation, Convenience, UK Market.

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