Categorized | Electric Vehicle

Siemens Closes Multimillion-pound Electric Vehicle Charging Network Deal

The Siemens conglomerate recently closed a sweet, multimillion-pound deal from Transport for London (TfL) to manage and support electric vehicle charging points across the London capital for the next four years.

Siemens will support the Source London project which aims to install 1,300 charging points for electric vehicles at no added cost to taxpayers, creating a large electric charging network for the capital.
The exact amount of the deal will not be disclosed, although a TfL spokeswoman confirmed it was a “multimillion-pound deal” which secures Siemens’ position to manage Source London’s back office until March 2014 “at no cost to taxpayers”.

The launching of the charging points shows TfL’s commitment and dedication in minimizing London’s transport emissions, according to Nick Fairholme, TfL interim director of congestion charging and traffic enforcement.

“Even in these economically challenged times, the mayor and TfL continue to work to make London one of the greenest cities in Europe,” he stated. “London already has the highest number of EVs in the UK; Source London, in conjunction with the new vehicles coming to market this year and the government consumer grant, will keep us in the lead.”

Drivers have to register and shell out an initial payment of £100 to join Source London. From 250 this year, the charging points are expected to grow to around 1,300 by the end of 2013. This will further secure London’s reputation as the city with the highest number of EVs in UK.

According to London Mayor Boris Johnson, “One of the biggest hurdles to greater use of electric vehicles has been a lack of charging points. But now Londoners will see Source London points popping up in locations all over the capital.”

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Greenskid - who has written 202 posts on Greenskid.

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