Motor Fuel Group (MFG), an independent UK forecourt operator, has pledged to spend £400m on electric vehicle (EV) charging infrastructure by 2030.
The company claims to have already spent 20% of the £400m investment in 2021 and 2022, with its 2023 investment plan covering the installations of more than 360 ultra-rapid 150kW EV chargers at hubs across the UK.
The charging hubs will comprise between four and eight ultra-rapid 150kW EV chargers each.
According to MFG, 150kW chargers can add 100 miles (160km) in range during a charging session of around 10 minutes, subject to individual car batteries.
William Bannister, CEO, MFG, said: “We were proud to continue our significant investment into the UK’s EV infrastructure throughout 2022, opening a record number of EV hubs across our network.
“Our ambition was to invest ahead of the curve, and give drivers who were contemplating purchasing an electric vehicle the confidence that they could travel as easily as with a petrol or hybrid vehicle.
“Although we have a way to go to achieve this, our investment in 2022 has set us on a positive trajectory.
“We have set ourselves another ambitious target for openings in 2023, with the plan to energise 360 chargers whilst delivering the best experience possible for our customers.”
The forecourt operator plans to augment the hubs with 300kW+ chargers and equip the sites with new vehicle battery technology as it improves and develops.
The firm hopes to use the funding to support the government’s decarbonisation and sustainability agenda and wider emissions target of making the UK net zero by 2050.
What’s more, MFG came in joint first place on the ZapMap survey and scored highly for reliability and ease of use for its EV charging infrastructure.
The company will also pursue a dual fuel strategy over the next few decades, with it pledging to continue to provide existing fossil fuel infrastructure whilst placing equal importance on rolling out ultra-rapid EV charging hubs.