UK Electric Vehicle Charging Market

UK Electric Vehicle Charging Market Overview:

The UK electric vehicle charging market size was valued at USD 842.80 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 13,150.80 Million by 2033, exhibiting a CAGR of 31.60% from 2025-2033. London currently dominates the market, holding a market share of 38.7%. The market is experiencing rapid growth, driven by a surge in EV adoption and supportive government policies. The expansion of charging infrastructure, especially in urban areas, effectively meets the needs of drivers who do not have access to private parking. Increased competition and technological innovation are also significant factors propelling this market forward. With a diverse range of charging solutions available, accessibility is enhanced, playing a crucial role in the UK's efforts to achieve its net-zero emissions goals. As a result, the UK electric vehicle charging market share continues to evolve and strengthen.

The growth of the electric vehicle charging market in the UK is largely influenced by robust government policies and incentives designed to promote the use of electric vehicles. For instance, in March 2025, the Midlands is set to receive over 16,000 new electric vehicle chargers due to £40.8 million from the Local EV Infrastructure Fund. This investment aims to enhance charging accessibility, especially for those without driveways. The region's public charging network now exceeds 10,000, with a total of 74,000 chargers across the UK. Through initiatives like funding for charging point installations and supportive regulations, the government is motivating both businesses and consumers to adopt electric mobility. These measures help to simplify and lower the cost of transitioning to EVs, playing a significant part in the development of the charging infrastructure nationwide.

Another major UK electric vehicle charging market trend is the rising demand for electric vehicles, fueled by increased environmental awareness. As more people understand the need to cut carbon emissions, they are choosing EVs instead of traditional gasoline or diesel vehicles. This shift in consumer preferences has created a higher demand for a dependable and accessible charging network. Additionally, advancements in charging technology are enhancing the speed and convenience of charging, further driving the growth of the market. For instance, in March 2025, AUTEL Energy Europe announced its collaboration with Mer to improve electric vehicle charging options throughout Europe, covering the UK, Germany, and the Nordic countries. This partnership will incorporate AUTEL's MaxiCharger AC products into Mer's network, fostering sustainable transportation and enhancing the accessibility and efficiency of EV charging for both drivers and businesses.

UK Electric Vehicle Charging Market Trends:

Government Policies and Incentives

The UK government has implemented strong policies and incentives to promote electric vehicle (EV) adoption, which is directly driving the growth of the EV charging market. Initiatives like the ban on the sale of new petrol and diesel cars by 2030 and the introduction of grants for installing home charging points encourage consumers to switch to EVs. For instance, the government of the UK has committed £1.6 Billion to grow the charging network to 300,000 public charge points by 2030, a tenfold increase from the current network of around 59,670 chargers. Additionally, the government provides significant funding for expanding public charging infrastructure, including subsidies for businesses to install charging stations. These regulatory measures are designed to accelerate the transition to electric mobility, creating a growing demand for charging stations across residential, commercial, and public spaces throughout the UK. Moreover, in August 2024, Metrocentre in Gateshead, one of the UK’s largest shopping centers, undertook a £2.8 Million zero-carbon project that includes solar and EV charging infrastructure. The project features 3,576 solar photovoltaic (PV) panels across rooftops and carports, reducing the center’s grid dependency by 15% and saving 5,750 tonnes of CO2 over 25 years. Additionally, the installation includes 52 Mer charge points, offering a mix of 7kW and 22kW fast chargers, providing EV users with convenient charging options. The initiative is part of Metrocentre’s strategy to support Gateshead’s goal of becoming zero carbon by 2030, making it the UK shopping center with the largest EV charger network.

Rising Electric Vehicle Adoption

The widespread adoption of electric vehicles is a key factor driving the UK electric vehicle charging market demand. For instance, in August 2024, the UK sales of new electric vehicles (EVs) increased by 10%, with battery electric vehicles (BEVs) accounting for 23.2% of total car registrations. This marks the highest market share for BEVs since December 2022. Moreover, as of April 2024, the UK's public electric vehicle (EV) charging network grew by 49% year-on-year, reaching 59,670 charging devices. This represents an increase of 19,520 devices from the previous year. As more consumers choose EVs due to environmental concerns and the increasing availability of affordable models, the need for accessible and reliable charging solutions becomes critical. The surge in EV sales, including battery electric vehicles (BEVs) and plug-in hybrids (PHEVs), has led to a greater demand for both public and private charging options. Automakers are also expanding their EV portfolios, which, in turn, increases pressure on the charging network to keep pace with the rising number of electric vehicles on UK roads. The UK has nearly 1 million electric vehicle (EV) chargers, with 930,000 installed by June 2024, according to ChargeUK. However, only 65,000 of these are public chargers, with the majority installed in homes and businesses. Public chargers range from ultra-rapid ones at motorway stations to slower versions on lamp posts. In the second quarter of 2024, companies installed 5,100 public chargers, averaging one new charger every 25 minutes. The UK aims to meet a goal of 300,000 public charge points by 2030, a target set by the previous government.

UK Electric Vehicle Charging Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the UK electric vehicle charging market, along with forecasts at the country and regional levels from 2025-2033. The market has been categorized based on charging type, power output, location, and phase.

Analysis by Charging Type:

• AC
• DC

AC stand as the largest charging type in 2024, holding 80.5% of the market due to their cost-effectiveness and widespread availability. These chargers are primarily used for home charging and are less expensive to install compared to DC (direct current) fast chargers. They work efficiently with most EV models, providing a convenient solution for daily charging needs. As a result, AC chargers are found in public charging stations, workplaces, and residential locations, making them the most common charging type. Their slower charging speed is offset by their affordability and ease of installation, contributing to their dominance in the market. UK electric vehicle charging market outlook shows continued growth in AC infrastructure alongside emerging fast-charging solutions.

 Analysis by Power Output:

• Rapid Chargers
• Fast Chargers
• Slow Chargers

Slow chargers lead the market with around 59.7% of market share in 2024 due to their affordability and widespread availability. These chargers are predominantly used for home charging, allowing EV owners to charge their vehicles overnight without the need for fast charging infrastructure. They are also less expensive to install, making them a practical choice for residential and workplace settings. As EV adoption grows, the demand for slow chargers increases, ensuring that charging infrastructure remains accessible for a broad range of users.

UK electric vehicle charging market growth continues to be driven by the expansion of slow chargers, as they play a crucial role in building a reliable and extensive charging network.

Analysis by Location:

• Street Parking
• Depot
• Highways
• Workplaces
• Retail Spaces
• Others

Street parking plays a crucial role in the UK electric vehicle (EV) charging market, especially for those without access to private driveways. A significant portion of the population relies on public and street parking, which makes the availability of charging stations on these streets essential. Local authorities are focusing on expanding charging infrastructure in public areas, such as installing chargers on lampposts or in designated public spaces. This solution ensures that urban residents can transition to electric vehicles without needing off-street parking, addressing one of the key barriers to EV adoption. The UK electric vehicle charging market forecast suggests continued growth in on-street charging solutions as demand for EVs rises. Expanding charging access through street parking will be vital in ensuring that all regions, including underserved areas, have sufficient infrastructure to support widespread EV adoption.

Analysis by Phase:

• Single Phase
• Three Phase

Three-phase charging has emerged as a leading technology in the UK electric vehicle (EV) charging landscape due to its capability to provide higher power outputs compared to single-phase chargers. This charging method enables quicker charging times, making it a preferred choice for both commercial and residential settings. You’ll often find three-phase chargers at public charging stations, workplaces, and other locations requiring rapid charging. Their enhanced efficiency in delivering power significantly shortens charging duration, catering to the increasing demand for electric vehicles. As the market progresses, the development of three-phase charging infrastructure remains vital for promoting the adoption of EVs.

Regional Analysis:

London

• South East
• North West
• East of England
• South West
• Scotland
• West Midlands
• Yorkshire and The Humber
• East Midlands
• Others

In 2024, London accounted for the largest market share of 38.7%due to its substantial infrastructure investments and high EV adoption rates. The city has been proactive in deploying both slow and fast charging stations, particularly in public spaces and on-street parking areas. This is crucial for residents without access to private driveways, making EV ownership more feasible. London's commitment to reducing carbon emissions and expanding its network ensures that it remains a leader in the country's shift toward electric mobility. As the UK electric vehicle charging market continues to grow, London will likely maintain its position as the largest hub for EV charging infrastructure, paving the way for other regions to follow suit.

Competitive Landscape:

The electric vehicle (EV) charging market in the UK is very competitive, with numerous companies competing for a stake in this fast-growing sector. Businesses are placing a greater emphasis on expanding their charging networks and providing a range of options, from slow to ultra-rapid chargers. There is a strong emphasis on innovation, with advancements in charging speed, payment systems, and user experience. Public and private sector investments are accelerating the deployment of charging infrastructure, particularly in urban areas and along key transport corridors. Additionally, partnerships between technology providers, energy companies, and local authorities are shaping the market's evolution. The competition is further fueled by government policies supporting EV adoption, making it a dynamic and evolving market where companies must continually innovate to stay ahead.

The report provides a comprehensive analysis of the competitive landscape in the UK electric vehicle charging market with detailed profiles of all major companies.

Latest News and Developments:

• May 2025: Sainsbury’s announced the launch of its Smart Charge electric vehicle charging business in the UK, aiming to ease range anxiety and boost confidence in public EV infrastructure. Powered by Kempower technology, the initiative promised over 750 ultra-rapid charging bays across 100+ locations by end-2024, responding to research that showed 80% of drivers avoided long trips due to broken public chargers.
• April 2025: Four major EV charging firms—Atlante, Ionity, Fastned, and Electra—formed a new alliance named Spark to build Europe’s largest public electric vehicle charging network. The alliance planned 1,700 stations across 25 countries, intensifying competition with Tesla and expanding EV infrastructure, including in the UK.
• February 2025: bp launched its first dedicated electric vehicle charging and convenience hub in the UK at its Cromwell Road site in Hammersmith, west London. The site, formerly a fuel station, was transformed with five ultra-fast 300kW bp pulse chargers and a redesigned convenience store featuring a new wildbean cafe menu and M&S Food range, tailored for EV drivers.
• February 2025: Wallbox expanded its electric vehicle fast-charging presence in the UK through a strategic partnership with Believ, deploying advanced DC chargers up to 220kW. The collaboration aimed to accelerate national charging infrastructure, with initial installations completed in Scotland.

UK Electric Vehicle Charging Market Report Scope:

Key Benefits for Stakeholders:

• IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the UK electric vehicle charging market from 2019-2033.
• The research study provides the latest information on the market drivers, challenges, and opportunities in the UK electric vehicle charging market.
• Porter's Five Forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the UK electric vehicle charging industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.