Energy company Shell has set an ambition to have 50,000 on-street electric vehicle (EV) charge posts installed across the UK by the end of 2025, through ubitricity, which was acquired by Shell earlier this year.

The move is part of a wider effort to bring more EV charging availability UK drivers without private parking. More than 60% of households in English cities and urban areas do not have off-street parking – this rises to 68% for people living in social housing.

The UK government’s Office for Zero Emission Vehicles (OZEV) currently meets 75% of the cost of installing on-street chargers through the On-Street Residential Charging Scheme (ORCS).

And for local authorities looking to install ubitricity charge posts, Shell, under its new initiative, will cover the remaining costs, subject to commercial terms.

Around 3,600 ubitricity chargers are already in place in the UK, using existing street infrastructure such as lamp posts and bollards.

Globally, Shell wants to grow its electric vehicle network from more than 60,000 charge points today to around 500,000 by 2025.

David Bunch, Shell’s UK Country Chair, says: “It’s vital to speed up the pace of EV charger installation across the UK and this aim and financing offer is designed to help achieve that. Whether at home, at work or on-the-go, we want to give drivers across the UK accessible EV charging options, so that more drivers can switch to electric.”

UK Transport Minister Rachel Maclean, adds, “Together with industry and local authorities, we can create cleaner, greener local communities – providing EV chargepoints for people without off-street parking across the country.”