Indra raises £20m to deliver bi-directional charging technology

Cecilia Keating
clock • 2 min read
Bidirectional charging provides flexibiltiy to the grid | Credit: iStock
Image:

Bidirectional charging provides flexibiltiy to the grid | Credit: iStock

Oversubscribed funding round will help firm meet growing demand for vehicle-to-grid technology in UK and further afield

British electric vehicle (EV) charging technology specialist Indra has raised £20m in an oversubscribed funding round led by lubricant business Gulf Oil International, as it seeks to accelerate the roll...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Cecilia Keating
Author spotlight

Cecilia Keating

View profile
More from Cecilia Keating

Why the Women in Green Business Awards is more important than ever

'Simplicity is key': Behind the scenes at UK direct air capture start-up Mission Zero Technologies

More on Automotive

'Every reason for drivers to make the switch': EV sales soar again to secure 26 per cent market share
Automotive

'Every reason for drivers to make the switch': EV sales soar again to secure 26 per cent market share

Industry confirms demand for electric vehicles rose 14 per cent year-on-year in August, once again providing the main bright spot for the UK's auto market

James Murray
James Murray
clock 04 September 2025 • 4 min read
Electric Car Grant: First Toyota and Skoda models join £650m grant scheme
Automotive

Electric Car Grant: First Toyota and Skoda models join £650m grant scheme

Seven more electric models added to list of cars eligible for government grants, as discounts confirmed for more than 30 EVs inside seven weeks

Stuart Stone
Stuart Stone
clock 02 September 2025 • 3 min read
Eaton and ChargePoint power up 'breakthrough' electric vehicle charger
Automotive

Eaton and ChargePoint power up 'breakthrough' electric vehicle charger

Companies claim new charger will 'accelerate the future of EV charging' and 'significantly reduce costs for drivers

Amber Rolt
clock 28 August 2025 • 3 min read