London EV owners face 33% charge rise as Ubitricity raises prices

ISLAND

One of London’s largest providers of charging points for electric cars has raised prices by a third due to an increase in energy costs.

As of this week, Shell-owned Ubitricity will now charge 32p per share. KiloWatt hour, up from 24p. A connection fee of 35p per. charging session will also be introduced.

The 33% price increase means Mercedes EQS drivers pay an extra £ 9.92 for a full charge. It will cost Tesla Model 3 owners an extra £ 4.32 to top up, and Nissan Leaf drivers will see costs increase by £ 3.44, based on battery capacity data from EV Database.

In a statement on its website, Ubitricity said: “We have avoided raising prices for as long as possible, but we can no longer absorb all the extra costs, so we have had to change our prices to reflect wholesale prices.”

The rise in prices is increasing the cost of living crisis facing the British, with energy bills, taxes, food and public transport costs all rising rapidly.

Ubitricity has the largest public charging network in the UK, including over 5,000 charging points in London, according to a map on the company’s website.

Shell bought the Berlin-based company last year and has promised to roll out 50,000 charging points in the UK under the brand by 2025.

Price increases began this week and will have reached most of the network in May, the company said.

It comes as more and more motorists try to connect. A record 39,000 new electric cars were purchased in March 2022 alone, an increase of almost 80% compared to the previous year.

Sales of hybrid cars rose to 28,000 last month, bringing the market share of electrified vehicles to over a third.

The UK government has committed to provide subsidies of up to £ 1,500 to those who buy electric cars and up to £ 5,000 for electric vans until March 2023.

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