Vchrgd, the British electric vehicle charging company, has officially entered its next phase of growth by expanding beyond hardware into connected software, intelligent energy platforms and international markets.

Vchrgd is expanding beyond hardware into connected software, intelligent energy platforms and global markets

This strategic shift comes after achieving 200% year-on-year growth, reaching profitability in 2026, completing a successful funding round and securing its first international licensing agreement.

Since launching in 2021, Vchrgd has established itself as one of the UK’s fastest-growing businesses in the EV charging sector. The company is now scaling beyond its origins as a hardware business, building an integrated EV charging platform that combines connected charging technology, intelligent software, strategic energy tariff partnerships and specialist support services, and is driven by an ambition to make EV charging easier for installers, wholesalers, fleets, workplaces and homeowners alike.

While reliable charging technology remains the foundation of the business, Vchrgd’s long-term strategy extends well beyond the charger itself. Through continued investment in software, services and strategic partnerships, the business is creating a broader proposition that helps customers optimise charging, enables partners to deliver greater value and positions Vchrgd at the centre of an increasingly connected EV charging ecosystem.

Phil McDermott, executive chairman at Vchrgd, said: “Our ambition is to build one of the UK’s leading EV charging technology platforms, supporting everyone from individual homeowners through to national fleet operators with connected charging solutions that continue to evolve long after installation.”

Vchrgd’s success to date has been built through long-term partnerships across the electrical, fleet and energy sectors.

Working alongside leading energy providers including Octopus Energy and So Energy, the company has developed smart tariff integrations that help customers significantly reduce charging costs while giving installers, fleet operators and wholesalers a stronger commercial proposition.

Phil McDermott, executive chairman at Vchrgd

As fleet charging strategies increasingly span workplace, home and salary sacrifice charging, Vchrgd is investing in the technology, partnerships and services needed to simplify deployment and management across every charging location. For fleet operators and leasing providers, that means lower operating costs, a better driver experience and a charging solution that can evolve alongside changing fleet requirements.

Those technology capabilities are matched by a firm focus on reliability and support. Today, less than 1% of Vchrgd chargers sold require replacement, while 97% of customer reviews are rated five stars, reinforcing the company’s reputation for delivering dependable technology backed by exceptional installation and aftersales support.

Connected charging technology remains at the heart of the business, but Vchrgd’s next phase of growth is focused on expanding the value it delivers beyond the charger itself.

Recent investment will accelerate the development of connected software and value-added services that complement the company’s hardware and partner ecosystem. The first example of this is the introduction of grid flexibility services, due to launch in Q3 2026, which will intelligently adjust charging based on grid demand, helping customers and fleet operators optimise charging, support reimbursement processes and reduce ongoing energy costs.

Having successfully built the business through installers and wholesalers, the company is now preparing to launch its direct-to-consumer proposition in Q3 2026, giving homeowners the ability to purchase a complete charging solution directly from Vchrgd while continuing to strengthen its established trade partner network.

Vchrgd is also expanding overseas. The company recently secured its first international licensing agreement, enabling its charging technology to enter the Australian market through a local partner and providing a platform for future international opportunities.

Recruitment is underway across engineering, customer support, operations and commercial roles, ensuring the business has the expertise and capacity to support its expanding technology platform and growing partner network.

Fraser Koefman, commercial director at Vchrgd, said: “We’ve worked hard to build a proposition that’s reliable, commercially appealing and properly supported, and that’s reflected in the relationships we’ve developed across the industry. As we expand our technology, software and service capabilities, that commitment to our partners will remain at the heart of everything we do.”