REUTERS/Nacho Doce/File Photo Acquire Licensing RightsLONDON, Nov 14 (Reuters) - Australian charging company Jolt, which has received backing from U.S. fund manager BlackRock (BLK.N), said on Tuesday it is rolling out on-street EV chargers in London as parts of plans to install 5,000 chargers in Britain over the next three to five years.
Jolt is rolling out chargers in the London borough of Barnet and CEO Doug McNamee said the company was in talks to do the same in other boroughs.
Barnet has received a 2.1 million pound ($2.6 million) government grant for EV charging infrastructure.
Its chargers feature advertising, which pays for 7 kilowatt hours of free charging for consumers, or around 30 miles (48.3 km) of EV range.
The company currently has around 100 chargers in service, but has a "global pipeline of around 7,500 chargers," McNamee said.
Persons:
Nacho, Doug McNamee, McNamee, Jolt, We've, Nick Carey, Bernadette Baum
Organizations:
REUTERS, BlackRock, Barnet, EV, Canadian, Telus, Thomson
Locations:
Sao Paulo, Brazil, U.S, London, Britain, Barnet, Australia, New Zealand, Canada, BlackRock