A new collaboration between Rolec EV and Wattif EV has been announced as part of a strategic plan to accelerate electric charging (EV) infrastructure across the UK and Ireland. The charging points manufacturer, Rolec EV, will be partnering up with Wattif EV, an end-to-end EV charging provider.
The alliance means that Wattif EV will be able to offer two funding options to Rolec EV customers. The first, a fully funded complete turnkey solution including hardware, charge point installation, maintenance, and software. The second, is a joint venture solution in which Wattif EV will take responsibility for installation, maintenance, and operation but as equal partners with the customer. The upfront capital cost and net revenue will be supplied and shared between the two also.
The partnership announcement follows funding of €50M to Wattif EV from a leading Pan-European investment fund to help with financing their strategy.
The collaborating partners hope that they will enable a greater accessibility for the installation of EV charging points for landowners. It will also enable Wattif EV with a greater range of charge point hardware to expand their business.
Steve Rees, Wattif EV Managing Director for the UK & Ireland, said:
“Rolec’s smart EV charging hardware, combined with Wattif’s turnkey solution and funding options, is the perfect solution to enable everyone to install and operate EV charging in their car park.
Improvements to charging infrastructure and access to charge points play a key role in EV adoption, the elimination of range anxiety and the achievement of legislative targets for 2030. Wattif EV UK is keen to address the EV charging demands across all sectors. Together as Rolec’s approved funding provider, I know we have a very convincing proposition for both new and existing installations to be managed on smart charging networks.
This partnership for Wattif EV provides Rolec clients and installers with turnkey funding models to help them on their route to net zero and transition to electric vehicle adoption.”