The EV Network
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.
- Company typePrivate
- Founded2017
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingServices
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.
The EV Network firmographics
Firmographics- 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
The EV Network industry classification
Industry- 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
Where The EV Network is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
The EV Network business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Infrastructure, Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- 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.
- 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
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | 3x 300kW Chargers - ~£550k capex |
| Other | Multi-year contract | 6x 300kW Chargers - ~£1,010k capex |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
The EV Network product offering
Product offeringCore 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
Companies that use The EV Network
Customer profileNamed customers12 records
Segments4 records
Ideal customer profiles4 records
The EV Network technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
The EV Network partnerships and signals
Strategic signalPartnerships
18 partnerships are on record, tiered core, flagship, major and supporting.
- PaythrucorePaythru 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.
- DuracellflagshipDuracell 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 ChargemajorNewly formed operator partnering with Duracell and EVN to build and operate the Duracell E-Charge network.
- Driivz (Vontier)coreDriivz 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 CouncilmajorPartnership 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 HortonsmajorEVN 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 pulsecorebp 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 GroupflagshipNEC 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.
- StarbuckscoreStarbucks Coffee drive-thru located at NEC Birmingham Gigahub and other EVN sites, providing convenience amenities for EV drivers during charging sessions.
- EONcoreEON 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)coreESB 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 and equipment partner for EV charging infrastructure solutions.
- AlpitronicsupportingCharger equipment supplier for ultra-rapid charging infrastructure.
- IonitysupportingCharge point operator partner for ultra-fast charging network.
- AllegosupportingCharge point operator partner for EV charging network.
- CostasupportingCoffee facilities at charging hubs providing convenience amenities for EV drivers.
- Buzz BingosupportingPartner site for EV charging infrastructure deployment.
- Godwin GroupsupportingDevelopment partner for Starbucks store and ultra-rapid EV charging hub project in Uttoxeter.
Scale indicators14 records
Recent moves7 records
Expansion highlights6 records
The EV Network competitors and assessment
Company assessmentDirect 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
The EV Network social profiles
Digital presenceThe EV Network compliance and trust
Trust signalCompliance1 record
The EV Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
The EV Network leadership team
Management profileNumber of profiles
Profiles13 records
The EV Network funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The EV Network M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The EV Network
What does The EV Network do?
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.
Is The EV Network a public or private company?
The EV Network is a private company. It is classified as venture growth investor backed and is currently operating.
When was The EV Network founded?
The EV Network was founded in 2017. It employs 11 to 50 people.
Where is The EV Network based?
The EV Network is headquartered in London, United Kingdom, in the Europe region.
How does The EV Network make money?
Two revenue lines are on record. Infrastructure-as-a-Service (IaaS) is the primary driver. The others are asset Management & Investment.
Who are The EV Network's main competitors?
Direct peers on record are Gridserve, Allego, GeniePoint (Engie), Ionity and InstaVolt. Broad incumbents are bp pulse and Shell Recharge (Ubitricity / Shell). Emerging players are Hubbub (formerly Engenie) and Char.gy. Fastned is listed as a regional player.
Does The EV Network have an API?
No public API is recorded for The EV Network.
What industry is The EV Network in?
The EV Network's product category is EV Charging Infrastructure. Its primary akta.pro industry code is TLAKAMAG, EV Charging Network Management & Software Services (CPMS, Monitoring, Billing), with a secondary code of EUAEANAJ, EV Charging Grid Integration Services (Utility Make-Ready, Load Management Integration). Its NAICS code is 22112 and its SIC code is 4911.