Crewe-based firm invests £10 million to lead the charge in EV solutions
Announced £10m investment into EV division, Radius Charge.
The multi-million investment comes as it recently acquired two EV solutions companies, EV Charging Solutions and EV Back Office and is nearing the completion of its new technology hub in Crewe. The funds are also being used to bolster the head count within the team as well as investment into charging hardware.
Radius is now uniquely placed to support businesses with their EV transition and charging needs as they prioritise sustainability to meet government targets to end the sale of new petrol and diesel vehicles by 2030.
In addition, the investment will enable it to provide first rate service, global leading software and technical innovation to keep a focus on developing solutions as technology and trends progress.
With such significant investment into Radius Charge, the company now offers an end-to-end EV solution for customers including:
Assessing commercial fleet readiness for the EV switch
Installing EV chargers
EV leasing
EV charge cards
Supplying renewable energy and energy management
Providing software to operate chargers
Radius Charge is working with a leading range of well-known partners to deliver its service and maximise its reach.
From providing vehicles to installing charge points, the company can now get businesses up and running with their EV solutions within 14 days.
Bill Holmes, CEO of Radius, said: “Our reason for being is to help customers navigate to a sustainable future and with this latest investment into EV charging and renewable energy, we are now able to help businesses make the transition to a greener fleet solution.
“Our Radius Charge division will provide customers with trusted help and advice to enable them to save money, run more efficiently and meet their sustainability targets. All this whilst providing outstanding service and using our technology hub to continually evolve our solutions to keep up with the developing landscape.”
Having also recently become a member of the UN Global Compact Network UK, which works with other organisations to accelerate sustainability efforts and scale up impact, Radius continues to focus on being at the forefront of sustainable mobility.