Good Energy buys majority stake in EV charging map app: Good Energy will be increasing its share in Zap-Map, the app for electric vehicle (EV) charging sites it has announced.
In March 2019 the energy supplier had previously invested £1.08 million in the company taking a 12.9% share in Zap-Map’s parent company Next Green Car.
In return for a 50.1% majority stake in the company, It has now increased the investment to £1.8 million.
The companies will be working closely to develop a single payment solution for EV drivers and charge point operators and a data insights platform in the next few months.
Founder and Chief Executive Officer of Good Energy, Juliet Davenport said: “With EVs playing a key role in the future government strategy and commitments to phase out petrol and diesel new vehicle by 2030, Zap-Map is perfectly placed to take advantage of future growth in the EV marketplace.”
Co-founder of Zap-Map, Melanie Shufflebotham commented: “This investment ensures we will remain at the forefront of the EV market delivering products to make charging simple for both drivers and businesses.”
The Zap-Map app has now more than 250,000 downloads and more than 100,000 registered users.
Good Energy buys majority stake in EV charging map app