Pod Point

Pod Point Group Holdings PLC
Company type
Public limited company
IndustryElectric vehicles
Founded2009
HeadquartersLondon, United Kingdom
Key people
Melanie Lane, CEO[1]
ProductsElectric vehicle charging infrastructure
RevenueDecrease £52.91 million (2024)[2]
Decrease -£85.09 million (2024)[2]
Decrease -£84.71 million (2024)[2]
Total assetsDecrease £55.76 million (2024)[2]
Total equityDecrease £17.60 million (2024)[2]
ParentEDF Energy Edit this on Wikidata
Websitewww.pod-point.com
An electric car being charged by a Pod Point Solo 3S
Pod Point Universal Solo 3S

Pod Point Group Holdings plc, trading as Pod Point, is a British electric vehicle charging stations company.[3][4] As of 2025, the company operates the third largest public charging network in the UK.[5]

History

Pod Point was founded in 2009 by Erik Fairbairn and Peter Hiscocks having previously worked together to found and sell the supercar club Ecurie25.[6][7]

In 2018, the company installed 600 charging stations following joint venture between Tesco and Volkswagen in the UK.[8]

In 2018, Pod Point launched its Electric Schools initiative.[9]

On 9 November 2021, Pod Point floated on the London Stock Exchange at a £352 million valuation.[10]

In 2022, it was announced EDF Energy had bought a 53 percent stake in the company through a joint venture with Legal and General Capital.[11]

In June 2022, Pod Point and BMW Group UK signed a three-year deal, which added Pod Point as a preferred EV home charge point supplier for BMW and Mini retail customers.[12]

In July 2023, Pod Point appointed Andy Palmer as its interim chief executive.[13] It was announced Melanie Lane would take over from Palmer in May 2024.[14]

On 12 June 2025, Pod Point announced they had accepted an offer to sell the company to majority shareholder EDF Energy at a £10.6 million valuation, £341.4 million less than its initial public offering in 2021.[15][16] The acquisition was completed on 4 August 2025.[17]

See also

References

  1. ^ News, Alliance (2024-02-20). "Pod Point names Lane as new CEO; performs in line with expectations". MorningstarUK. Retrieved 2024-11-18. {{cite web}}: |last= has generic name (help)
  2. ^ a b c d e "Pod Point Group Holdings PLC Final results FY2024". Retrieved 2025-06-12.
  3. ^ "Building the UK's electric vehicle infrastructure with Pod Point". Power Technology. 12 March 2017. Retrieved 9 November 2017.
  4. ^ "Electric car charger Pod Point launches £1.75m fundraising on Crowdcube". City A.M. 9 November 2015. Retrieved 9 November 2017.
  5. ^ "EV charging statistics 2025". ZapMap.
  6. ^ Hurley, James (2012-05-15). "POD Point on stand-by for dawn of electric cars". Daily Telegraph. ISSN 0307-1235. Retrieved 2018-05-21.
  7. ^ "POD Point - Fast Track". Fast Track. Retrieved 2018-05-21.
  8. ^ "VW, Tesco in Pact on Ambitious U.K. E-Car Charging Rollout". Bloomberg.com. 2018-11-29. Retrieved 2022-05-15.
  9. ^ "Schools offered free EV charge point for clean air campaign". airqualitynews.com. Retrieved 2021-07-07.
  10. ^ "London Stock Exchange welcomes Pod Point to the Main Market".
  11. ^ "EDF Energy acquires EV charging company Pod Point". www.am-online.com. Retrieved 2020-10-06.
  12. ^ "BMW Group UK partners with Pod Point to enhance EV charging offer". www.press.bmwgroup.com. Retrieved 2022-07-05.
  13. ^ "Andy Palmer takes over as interim CEO at struggling Pod Point". Car Dealer Magazine. 2023-07-07. Retrieved 2024-03-25.
  14. ^ "Pod Point trades in line with FY expectations". Sharecast. Retrieved 2024-03-25.
  15. ^ "EDF to buy London-listed EV charging company Pod Point for £10mn". FT.
  16. ^ Cahill, Helen (2025-06-12). "EV charger company Pod Point bought by EDF for £10m". www.thetimes.com. Retrieved 2025-06-13.
  17. ^ James (2025-08-04). "EDF completes acquisition of Pod". Pod Point. Retrieved 2025-09-13.

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