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

More on Automotive

Study: EV charging offers 'lucrative opportunity' for commercial property owners

Study: EV charging offers 'lucrative opportunity' for commercial property owners

The rental value of viable EV charging locations has doubled in recent years with car parks, grey land, and brownfield plots all suitable contenders for such sites, according to Knight Frank

clock 10 April 2026 • 4 min read
'A very positive move': Government cuts red tape to accelerate public EV charger rollout

'A very positive move': Government cuts red tape to accelerate public EV charger rollout

Operators will no longer have to navigate lengthy application processes to install chargers under changes to planning and traffic rules which come into force today, according to the government

clock 10 April 2026 • 3 min read
Agratas gigafactory project secures £380m in UK government funding

Agratas gigafactory project secures £380m in UK government funding

Somerset EV battery cell factory project secures lion's share of £470m government grant funding package geared towards supporting UK's transition to zero emission vehicles

clock 09 April 2026 • 4 min read