Trojan Energy has secured investment of £2.2 million to roll out its ‘flat, flush to the ground’, on-street electric vehicle charging hubs and develop further commercial applications of its technology. The round was led by Scottish angel investors Equity Gap, and includes investment from Scottish Enterprise, SIS Ventures and Aberdeen-based angel investors Alba Equity.
Using Trojan’s technology customers have a lance to connect their vehicle to a charging point flush with the pavement, which means the pavement is not obstructed for other users. The points offer 22kW via charge points in hubs of 15, or single units powered by the home The multi charging points are connected via underground ducts to cabinets up to 100m away, which can send power to 15 units. The new investment will allow the company to reduce the size of the cabinets, cut costs and offer a wider range of charging options.
Trojan Energy recently launched its technology on the streets of the London Borough of Brent and plans to install up to 150 charging points to be trialled by customers in Brent and in nearby Camden by late 2021. Trojan Energy said it aims to be the de facto on-street charging solution for EVs in the UK by the end of 2023.
Jan Robertson, interim director of growth investments at Scottish Enterprise, said the option “makes EVs a real option for many households without driveways.”