The EV Network

What The EV Network does

The EV Network (EVN) is a UK-based, privately-held electric vehicle infrastructure development and investment company founded in 2017 by Reza Shaybani (CEO) and Sam Shaybani (COO), chaired by Lord Barker of Battle. The company operates a capital-intensive Infrastructure-as-a-Service (IaaS) model in which EVN fully funds and delivers end-to-end EV charging sites — site identification, in-house legal, power and planning, design and construction, and 24/7 operations and maintenance — while charge point operators (CPOs) such as bp pulse, EON, ESB, Ionity, and Allego operate the chargers under a fixed annual service fee billed quarterly in advance over a 20-year contract (structured in three escalating tranches). Landlords and developers are a parallel primary customer segment, monetising under-utilised land via long-term CPI-linked lease income to EVN without capital outlay.

The company's core physical product is the "Gigahub" — large-scale ultra-fast charging hubs built around 300kW DC chargers with 7kW AC bays and on-site amenities. The flagship site, NEC Birmingham (opened September 2023), features 180 charge points, a 6.5 MVA grid connection, and reported 99% uptime with 42,074 charging sessions and 428,000 miles delivered since launch. Supporting technologies include dynamic load management to maximise utilisation without grid upgrades, DNA-paint cable-theft protection, ANPR access control, PAS 1899:2022 accessible-bay design, and 24/7 network monitoring. EVN is preparing to extend the model into a consumer-facing branded network — Duracell E-Charge — alongside partners Duracell, Elektra Charge (operator), Driivz (smart-charging software) and Paythru (payments).

The business is backed primarily by SDCL Energy Efficiency Income Trust plc (SEEIT), which has cumulatively committed over £450M across a £300M raise in 2020, a £100M property-division raise in 2023, and a planned £200M+ for Duracell E-Charge by 2030. The asset base spans the UK, Europe and the USA, with reported scale of 100+ chargers deployed since inception, 40 sites under construction and 60 in planning as of March 2024, against a Duracell E-Charge target of 100+ sites and 500+ charge points by 2030. Service fees are collected through a related entity, Zood Infrastructure Ltd.

Name

The EV Network

Legal name

The EV Network

Website

https://theevnetwork.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

The EV Network is a UK-based EV charging infrastructure developer and investor operating an Infrastructure-as-a-Service model, fully funding and building ultra-fast charging hubs for charge point operators such as bp pulse, EON, and ESB across the UK, Europe, and USA.

Ownership category

akta.pro rank

Product category

EV Charging Infrastructure

NAICS

Electric Power Transmission, Control, and Distribution (22112), Electric Power Distribution (221122), Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric Services (4911), Transportation Services (4700), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

EV Charging Network Management & Software Services (CPMS, Monitoring, Billing) (TLAKAMAG)

akta.pro secondary industries

EV Charging Grid Integration Services (Utility Make-Ready, Load Management Integration) (EUAEANAJ), EV Charging Settlement, Billing & Roaming (Payments, Tariffs, Clearing) (EUAFAMAI), Fleet Fuel, Toll & Expense Management Programs (TLABAHAL)

Keywords

• EV charging infrastructure
• Ultra-fast charging hubs
• Infrastructure-as-a-service
• Site acquisition services
• EV network development

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Infrastructure, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Infrastructure-as-a-Service (IaaS): EVN fully funds development, construction, and maintenance of EV charging infrastructure. CPOs pay a fixed annual service fee over 20 years, broken into three periods: first 5 years (lowered for growing utilization), years 6-10 (slight increase), and years 10-20 (step up after charger replacement). Service fee includes inspection & maintenance, asset management, land rent, equipment insurance, and repair costs.
2. Asset Management & Investment: Infrastructure investment capabilities covering all stages of project development lifecycle from concept to long-term operations. EVN collaborates with investors to deliver charging infrastructure projects.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

The EV Network (EVN) is a fully integrated EV charging infrastructure development and investment company. Under its Infrastructure-as-a-Service (IaaS) model, EVN fully funds, develops, builds, and maintains ultra-fast EV charging hubs (Gigahub sites) while charge point operators (CPOs) pay a fixed annual service fee over 20 years. The company delivers turnkey services covering site identification, in-house legal work, power and planning, design and construction, and ongoing 24/7 operations and maintenance across the UK, Europe and USA.

Product overview

The EV Network (EVN) operates a fully integrated Infrastructure-as-a-Service (IaaS) model for EV charging infrastructure. Their core offering combines site acquisition, legal structuring, power and planning, design and construction, and ongoing operations and maintenance into a unified service. The flagship Gigahub™ product features large-scale charging hubs with ultra-rapid 300kW DC chargers alongside retail amenities. EVN fully funds projects while charge point operators (CPOs) pay a structured 20-year service fee. Their portfolio includes sites like NEC Birmingham Gigahub™ (180 charge points) and Kettering, with new networks including Duracell E-Charge under development.

Differentiator

Problem solved

Functional benefit

Brands

• Gigahub: Large-scale ultra-fast EV charging hub brand operated in partnership with bp pulse, featuring high-power chargers at major transport locations.

Products and services

• Infrastructure-as-a-Service (IaaS)
• Gigahub™
• Duracell E-Charge Network

Quantifiable outcome

• 99% uptime at NEC Birmingham Gigahub with 180 charge points
• +3 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

18 partnerships are on record, tiered core, flagship, major and supporting.

• PaythrucoreTechnology or Integration · 19 April 2026Paythru provides end-to-end payment infrastructure for Duracell E-Charge's UK ultra-fast EV charging network. Partnership addresses payment failures (up to 25% of charging failures) with target of 99.8% payment success rate.
• DuracellflagshipStrategic or Co-development Partner · 14 October 2025Duracell partnered with EVN to launch the Duracell E-Charge ultra-fast EV charging network in the UK. EVN is developer and funder of the network planning to invest £200M+ for 100+ sites with 500+ charge points by 2030. Chargers designed to resemble iconic Duracell batteries.
• Elektra ChargemajorChannel Partner/ Reseller/ Distributor · 14 October 2025Newly formed operator partnering with Duracell and EVN to build and operate the Duracell E-Charge network.
• Driivz (Vontier)coreTechnology or Integration · 14 October 2025Driivz provides smart charging software platform for Duracell E-Charge network including billing, roaming connectivity, real-time monitoring, and branded app/web portal for drivers. Driivz is a Vontier company.
• Cheltenham Borough CouncilmajorStrategic or Co-development Partner · 22 August 2024Partnership to deliver 26 rapid charging bays across three town centre car parks. EVN develops and manages the charging hubs on council land, supporting Cheltenham's goal of becoming a net zero borough by 2030.
• Tim HortonsmajorStrategic or Co-development Partner · 1 May 2024EVN partnered with Tim Hortons to install ultra-fast and rapid EV chargers at Tim Hortons locations throughout UK and Ireland. The partnership delivers fast charging with exceptional on-site facilities (toilets, refreshments) for EV drivers.
• bp pulsecoreChannel Partner/ Reseller/ Distributor · 7 September 2023bp pulse is a key CPO partner operating EV charging hubs developed by EVN. The partnership includes the NEC Birmingham Gigahub (one of Europe's largest) and multiple other sites. bp pulse operates the chargers while EVN handles infrastructure development, funding, and maintenance.
• NEC GroupflagshipStrategic or Co-development Partner · 7 September 2023NEC Group provides land at the heart of the UK's motorway network for the NEC Birmingham Gigahub - one of Europe's largest EV charging hubs serving 7 million annual visitors. Strategic real estate partnership enabling nationally significant EV infrastructure.
• StarbuckscoreGTM or Marketing Partner · 7 September 2023Starbucks Coffee drive-thru located at NEC Birmingham Gigahub and other EVN sites, providing convenience amenities for EV drivers during charging sessions.
• EONcoreChannel Partner/ Reseller/ DistributorEON is a CPO partner operating EV charging sites developed by EVN. Partnership includes multiple sites including 'The Hursts' locations (Brockhurst Gate, The Fairway Pub).
• ESB (Electricity Supply Board)coreChannel Partner/ Reseller/ DistributorESB is an Irish energy company operating rapid and ultra-fast charging networks across the UK, partnering with EVN for infrastructure development including the first Scottish site in Glenrothes.
• Schneider ElectricsupportingTechnology or IntegrationTechnology and equipment partner for EV charging infrastructure solutions.
• AlpitronicsupportingTechnology or IntegrationCharger equipment supplier for ultra-rapid charging infrastructure.
• IonitysupportingChannel Partner/ Reseller/ DistributorCharge point operator partner for ultra-fast charging network.
• AllegosupportingChannel Partner/ Reseller/ DistributorCharge point operator partner for EV charging network.
• CostasupportingGTM or Marketing PartnerCoffee facilities at charging hubs providing convenience amenities for EV drivers.
• Buzz BingosupportingChannel Partner/ Reseller/ DistributorPartner site for EV charging infrastructure deployment.
• Godwin GroupsupportingStrategic or Co-development PartnerDevelopment partner for Starbucks store and ultra-rapid EV charging hub project in Uttoxeter.

Scale indicators14 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Gridserve: UK-based EV charging infrastructure developer and operator building ultra-fast Electric Forecourts and charging hubs. Directly comparable to EVN in targeting the same CPO-style ownership model and high-power DC charging at scale.
• Allego: European EV charging network operator and EVN CPO partner. Builds and operates ultra-fast charging hubs across Europe with a comparable pan-European infrastructure-development model.
• GeniePoint (Engie): UK EV charging network operator across rapid and ultra-rapid charging. Competes directly with EVN's CPO customers for site economics and end-driver usage at similar ultra-fast charging locations.
• Ionity: European ultra-fast high-power charging network (BMW, Mercedes, Ford, VW, Hyundai consortium). Competes for the same high-power motorway charging demand and is also an EVN CPO partner.
• InstaVolt: UK operator of rapid and ultra-rapid EV chargers at destination and roadside sites. Competes for the same CPO/landowner relationships and high-power site deployments as EVN.

Broad incumbents

• bp pulse: Major oil-major-owned CPO and a key EVN customer. Operates one of the UK's largest charging networks and competes for prime real estate, but is also a partner — making it a hybrid customer/competitor.
• Shell Recharge (Ubitricity / Shell): Shell-owned EV charging network across UK and Europe, including ultra-fast hubs. A broad incumbent with overlapping target customer (CPOs, fleets, retail partners) and competitive prime-site sourcing.

Emerging players

• Hubbub (formerly Engenie): UK ultra-rapid EV charging network targeting retail and destination sites. Comparable in targeting the same CPO/landowner economics at rapid charging power levels, though smaller in scale than EVN.
• Char.gy: UK provider of on-street residential and destination EV charging. Adjacent in the EV charging infrastructure space but focused on slower AC/kerbside charging rather than EVN's ultra-fast hub model.

Regional players

• Fastned: Netherlands-headquartered developer of fast charging stations across Europe. Comparable ultra-fast hub format and IaaS-style ownership model, primarily Continental European footprint vs EVN's UK base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/globalevnetwork
• LinkedInlinkedin.com/company/the-ev-network

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The EV Network