Zenobe supports EV battery market with new funding

Zenobe is offering a funding solution to support the roll-out of electric vehicles with up to £120million funding for local authorities, OEMs, bus and fleet operators. The company is aiming to provide a range of solutions including taking responsibility to own and operate batteries in the depot, smart charging infrastructure and batteries on the vehicles. It says this will give customers the option of a one-stop solution in exchange for a pence-per-mile service fee or a fixed monthly charge.

Zenobe says its solution will significantly reduce the upfront cost associated with zero emission buses, not only making the price similar to diesel buses but also lowering the total lifecycle cost by as much as 30 per cent in some cases.

“We’re thrilled to announce the Zenobe comprehensive funding solution which helps local councils and commercial fleet operators bring forward the rollout of zero-emission vehicles by several years,” says Steven Meersman, co-founder, Zenobe Energy. “Using our solutions, we can enable local authorities and operators to access a faster, cheaper and lower-risk way to transition to EVs. We’re calling on organisations to work with us and provide the public with emission-free transport and last-mile deliveries now.”

Jonathan Murray, policy and operations director, Low Carbon Vehicle Partnership, adds:

“Many bus operators are looking to electrify their vehicles and are a key part of efforts to decarbonise road transport and improve air quality in some of our most polluted areas. Buses require a lot of energy and this creates challenges – and opportunities – for the electricity grid.

“This initiative from Zenobe Energy should be an important enabler of efforts on the part of vehicle operators to switch to zero emission vehicles, whilst making the electricity grid smarter and more resilient at the same time.”



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