InstaVolt raises prices for 3rd time

The latest news from the world of EVs

Hello and welcome back to The Fast Charge, a weekly British EV newsletter.

In this morning’s edition… a third price rise by InstaVolt, the UK gets its first marine electric chargers, and I recap a busy day at Fully Charged Live last week.

I hope you’re enjoying this email. If I do say so myself, over the next few weeks I’ve got some great editions lined up - stay tuned! As ever, if you have any questions or comments, please do drop me a line (tomrileylondon@gmail.com) or simply reply to this email.

In the last week…

PRICE RISE: One of the nation’s largest rapid charging networks, InstaVolt, which operates 764 chargers, will this week raise its prices for the third time since the energy crisis began. From 4 May, the company will charge 57p per kWh across all its chargers. Back in November, the price was 40p. Since then, InstaVolt rose the cost to 45p per kWh in December before bumping it up to 50p in February. Adrian Keen, their CEO, said that “the volatile energy market and record high in…