secures £2.2 million to address lack of EV charging points in urban areas and create new jobs
Summary
With the UK target market alone worth well over £1 billion, the ambitious company will use the funding to improve its technology and applications by volume level manufacturing, rolling out charge points in more areas and growing their team. By taking the technology to the next stage, the company will decrease the size of the cabinets, reduce costs and offer a wider range of charging options to customers. Jan Robertson, Interim Director of Growth Investments at Scottish Enterprise, said: "It is fantastic to see this innovative company developing the solution to a problem that might otherwise slow down the UKs transition to clean energy. The technology is unique and, by enabling the team to further develop and refine its cutting-edge EV charging system, we expect to see Trojan Energy expand to other areas of the UK and rapidly gain market share." The company was launched in 2016 to create a system that offers an equal opportunity for EV drivers without a driveway to charge up their vehicles near home, without inconveniencing other pavement users.