EV charging solutions provider ChargeGuru has merged with Zeplug, a leading operator of charging infrastructure in apartment and office buildings, to support expansion in the UK and Europe.

ChargeGuru’s new Zeplug offering brings a solution specifically designed for apartment and office buildings

The two firms already have common ground after being created by the same founders, and are now uniting in a move to draw on their synergies and complementary expertise.

ChargeGuru launched in the UK earlier this year and, having already secured a number of automotive partnerships, is already providing charging solutions for home and business customers throughout the country.

ChargeGuru’s new Zeplug offering is designed to meet the growing demand for EV charging services with a solution specifically designed for apartment and office buildings. Its  operational model, which includes financing of the shared charging infrastructure, as well as an end-to-end installation and maintenance service, has already been adopted by 15,000 buildings in France.

The firm is now planning further expansion in Europe, including the UK, as the nation gears up for the newly revised 2035 all-electric deadline.

To accelerate its growth in the UK and seven other European countries, the group will use the €240m (£207m) raised by Zeplug in 2022 from the infrastructure fund ICG (Intermediate Capital Group). The ambition is to install more than 100,000 charge points in Europe by 2025.

The merger will also strengthen the existing partnerships with more than 20 carmakers across Europe, including Volkswagen Group, Tesla, BMW, Ford and Volvo.

Nicolas Banchet, co-founder of the two firms, commented: “Zeplug has built a strong leadership in France thanks to this innovative cost-free offer specifically addressing the complexity of charging electric vehicles in residential and office buildings. The challenges are similar in all the countries we target across Europe, and we are excited to bring the Zeplug offer in these markets to provide customers with the adequate solution.”