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EO Charging, a global leader in electric vehicle (EV) charging solutions for fleets, has announced a new partnership with Horizon Energy Ventures (HEV). The collaboration aims to deliver fully funded sustainable energy infrastructure projects, designed to accelerate the expansion of the United Kingdom’s public transport fleets as they transition to electric power.
Key Highlights
- A strategic partnership between EO Charging and Horizon Energy Ventures has been formed to expand the UK’s eBus infrastructure.
- The collaboration will deliver fully funded infrastructure solutions, removing upfront cost barriers for fleet operators.
- A multi-million-pound joint investment will support EO’s Charging-as-a-Service (CaaS) model.
- The initial project will launch in London with Transport UK, with plans to scale across the country.
- The service is supported by EO’s Charge Assurance platform, guaranteeing vehicle readiness and uptime.
Accelerating Fleet Electrification
This new strategic partnership is set to address a critical need in the UK’s rapidly electrifying bus market. As operators move away from traditional fuel, they require flexible and scalable consumption models. The joint investment from EO Charging and Horizon Energy Ventures will significantly accelerate the deployment of EO’s innovative Charging-as-a-Service (CaaS) model.
This end-to-end EV infrastructure solution provides a clear path for fleet operators by eliminating the significant upfront capital investment typically required for electrification. The CaaS model bundles hardware, software, installation, and ongoing maintenance into a single, predictable monthly fee. This approach makes the transition to electric fleets more accessible and financially sustainable for public transport operators.
Advanced Platform for Reliability
Underpinning the CaaS offering is EO’s Charge Assurance platform. This sophisticated system actively manages an operator’s energy consumption and flexibility needs. More importantly, it ensures business-critical outcomes by guaranteeing vehicle readiness, high uptime, and constant availability. With a market uptime of over 99% across its customer base, EO’s technology provides the reliability that complex fleet operations demand. By integrating this platform, the partnership ensures that public transport networks can maintain efficiency and operational reliability as they grow their electric fleets.
Launching in London with Transport UK
The initiative will begin in London, a city at the forefront of EV adoption in the UK. London already operates one of Europe’s largest electric bus fleets, with over 1,400 battery-electric vehicles in service. The city plans a full transition to a zero-emission bus fleet by 2034, but this rapid growth necessitates scalable, high-performance charging solutions and substantial investment.
EO Charging has already been instrumental in electrifying numerous London transport depots for partners like Go-Ahead and Transport for London. Through this new partnership, EO and HEV will bring multiple new Transport UK depots onto the Charge Assurance platform, further supporting the capital’s transition to a zero-emission transport network. Both partners are committed to exploring new investment opportunities to fund other fleet operators across the UK.
About the Partners
EO Charging is a global pioneer in EV charging solutions for depot-based fleets, including cars, vans, trucks, and buses. The company’s mission is to make EV charging simple, reliable, and accessible for commercial fleets worldwide. With expertise in depot design, installation, and operations, EO supports major global operators such as Amazon, DHL, and UPS.
Horizon Energy Ventures empowers businesses to invest in sustainable energy solutions through specialized asset-backed finance. As part of a group that includes Smart Metering Systems (SMS), the company focuses on funding technologies like solar PV, EV charging, and battery storage to help the UK achieve its net-zero ambitions. This collaboration reflects a shared commitment to making fleet electrification seamless for businesses across the UK.
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