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

Government promises to move self-driving car projects into the fast lane

Government promises to move self-driving car projects into the fast lane

Department for Transport announces first self-driving commercial pilot projects to take place from spring next year

James Murray
clock 10 June 2025 • 3 min read
Believ secures £300m to roll out at least 30,000 public EV charge points

Believ secures £300m to roll out at least 30,000 public EV charge points

UK charging network investment to focus on on-street, residential locations to help drivers without private parking transition to EVs

Stuart Stone
clock 06 June 2025 • 3 min read
Study warns 'EV inequality' could put UK climate goals at risk

Study warns 'EV inequality' could put UK climate goals at risk

Cornwall Insight warns higher costs faced by households without off street parking could jeopardise government's EV goals

Stuart Stone
clock 05 June 2025 • 3 min read