RCS - Good Energy Group - EV charging pioneer Zapmap expands into Europe

Good EnergyAnnouncement

13/12/2023 07:15

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RNS Number : 5115W  Good Energy Group PLC  13 December 2023

REACH

 

13 December 2023

 

Good Energy Group PLC

 

("Good Energy" or the "Company")

 

EV charging pioneer Zapmap expands into Europe

 

 

Good Energy (AIM: GOOD) investment Zapmap, the UK's leading electric vehicle
charge point mapping service, has expanded its market presence by launching
charge point mapping in mainland Europe.

 

Electric car drivers travelling to Europe can now use Zapmap's app and desktop
map to search and filter for certain charge points in France, Germany,
Belgium, the Netherlands and Luxembourg to help UK drivers charge their
electric vehicles quickly and easily while travelling.

 

These charge points have a power rating of 60kW or more, offering a variety of
payment options. Zapmap will offer displays at 15,000 charging locations in
mainland Europe - marking a 50% increase in its overall number of charging
locations for its 700,000 customers.

 

The announcement marks a key milestone in the Zapmap plan and forms part of
its ambitious growth strategy to help serve close to 20% of Zapmap users that
travel abroad, with the past year seeing a 28% increase in people travelling
to Europe in their EV. Zapmap already offers its services to over 95% of the
UK's public points on its network, more than 70% of which show live
availability data. In 2023 Zapmap has recorded an increase of more than 50% in
registered users.

 

The coming months will also see Zapmap open up additional features such as EV
route planning and charging payments for drivers in France, Germany and
Benelux, in line with its comprehensive offering for drivers in the UK and
Ireland. The company also has plans to add charge points and more charging
networks in further European countries, such as Spain, Switzerland, Austria
and Italy in 2024. This is in line with Zapmap's expansion plans as outlined
during its Series A fundraising in September 2022.

 

Nigel Pocklington, CEO of Good Energy and Chair of Zapmap, said: "Zapmap has
made significant progress over the last year as it continues to broaden and
deepen its market presence in the UK and now across Europe. It continues to
track with the rapidly growing electric vehicle market, which has expanded by
40% in the UK last year with the share of electric vehicles new car
registrations increasing in almost all EU countries.

 

"Today's announcement demonstrates our commitment to addressing the increasing
demand for more accessible electric vehicle charging. It also reinforces Good
Energy's goal of becoming a one-stop company for all clean energy services,
delivering on our objective to support one million homes and businesses cut
carbon from their energy and transport use by 2025."

 

 

 

 

Enquiries

 

 Good Energy Group PLC                                                    Email: press@goodenergy.co.uk (mailto:press@goodenergy.co.uk)

 Nigel Pocklington, Chief Executive

 Charlie Parry, Director of Corporate Strategy & Investor Relations

 Ian McKee, Head of Communications

 SEC Newgate UK                                                           Email: GoodEnergy@secnewgate.co.uk (mailto:GoodEnergy@secnewgate.co.uk)
 Elisabeth Cowell / Molly Gretton                                         Tel: +44 (0)7900 248213

 Investec Bank plc (Nominated Adviser and Joint Broker)                   Tel: +44 (0) 20 7597 5970
 James Rudd / Henry Reast

 Canaccord Genuity Limited (Joint Broker)                                  Tel: +44 (0) 20 7523 8000

 Henry Fitzgerald - O'Connor / Harry Rees

 

About Good Energy www.goodenergy.co.uk (http://www.goodenergy.co.uk)

 

Good Energy is a supplier of 100% renewable power and an innovator in energy
services.  It has long term power purchase agreements with a community of
1,700 independent UK generators.

 

Since it was founded over 20 years ago, the Company has been at the forefront
of the charge towards a cleaner, distributed energy system.  Its mission is
to power a cleaner, greener world and make it simple to generate, share,
store, use and travel by clean power.  Its ambition is to support one million
homes and businesses to cut carbon from their energy and transport used by
2025.

 

Good Energy is recognised as a leader in this market, through our green kite
accreditation with the London Stock Exchange and as the only energy supplier
with Gold Standard Uswitch Green Tariff Accreditation for all tariffs.

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